Overview
- Sea Limited reported Q1 2025 revenue of $4.84 billion, a 30% year-on-year increase, with growth across all core business divisions.
- The company's e-commerce segment, led by Shopee, saw a 28.3% revenue jump, supported by increased gross merchandise value of $28.6 billion, up 21.5%.
- Digital financial services revenue surged 58%, the largest growth in two years, fueled by credit business expansion and ecosystem integration with Shopee.
- The digital entertainment division achieved 8% revenue growth, reaching $495.6 million, driven by an expanding active user base.
- U.S.-listed shares of Sea Limited rose over 8%, marking their highest level in more than three years, as CEO Forrest Li expressed confidence in meeting full-year guidance.