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Singapore's Sea tops quarterly revenue estimates as Shopee fuels e-commerce growth
Reuters44d agobullish
Singapore's Sea tops quarterly revenue estimates as Shopee fuels e-commerce growth

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.

Investing.com135d agobullish
Sea Limited shares rise on strong revenue beat

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.