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Shopee's GMV climbs 28% with eight consecutive quarters of sequential growth, while Monee's loan book expands 62% to $11.1 billion, underscoring the company's diversified momentum.
Singapore's Sea Ltd beat estimates for quarterly revenue on Tuesday, powered by growth at its e-commerce business led by Shopee and rising demand for its financial services. U.S.-listed shares of the company were up 7.6% in premarket trading. Shopee has grown into Southeast Asia's leading e-commerce platform through a combination of aggressive discounting, gamified shopping features and a broad logistics network.
Sea (SE) on Tuesday reported first-quarter revenue above market estimates as the Shopee parent saw g
Investing.com -- Sea Limited (NYSE:SE) reported first-quarter results that exceeded revenue expectations while earnings fell short of analyst estimates, with shares rising 5.4% following the announcement.
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