Q4 2024 revenue grew 16.3% from Q3 2024, supported by higher GMV growth in e-commerce and continued expansion in digital financial services. Shopee’s adjusted EBITDA rose significantly ...
Digital entertainment is Sea's third and final segment, and it's headlined by the Garena game development studio. It's ...
As the online retail landscape in Southeast Asia heats up, Campaign explores the battle between platforms as governments seek ...
as we improve credit penetration both on and off Shopee,” said Mr Li. Garena was a drag on overall growth, with the business seeing a drop in revenue in 2024 compared with 2023. But cash spent ...
2024 is a crucial year for Shopee. It delivered a solid 33% growth in orders, a 28% increase in gross merchandise value, and a remarkable 38% surge in revenue. While 2024's double-digit growth was ...
Total revenue surged 37% year-over-year to $4.95 billion, marking the company’s fastest growth rate in eleven quarters. This beat Wall Street expectations by 6%, driven primarily by Shopee’s ...
Sea Ltd (SE.N), opens new tab topped Wall Street estimates for fourth-quarter revenue on Tuesday, helped by strong growth in its financial services segment and e-commerce platform Shopee.
E-commerce revenue surges 41.3% Y/Y to $3.7B ... In 2025, it expects loan book size to grow meaningfully faster than Shopee’s GMV annual growth rate. Li expects Garena to grow double-digit ...
In fact, Sea's accelerating revenue growth and soaring profits make the stock a bargain right now. Shopee is Sea Limited's hybrid consumer-to-consumer and business-to-consumer e-commerce platform ...