Overview

• Sea reported second-quarter revenue of $5.26 billion, up 38 percent year-over-year, and earnings per share of $0.65, topping consensus estimates.
• Net income climbed to $414.2 million, more than fivefold from a year earlier, driving an 18 to 19 percent jump in U.S.-listed share price.
• Shopee revenue rose 34 percent to $3.8 billion as gross merchandise value grew 28 percent on enhanced pricing and engagement features.
• Monee posted 70 percent revenue growth to $882.8 million while its loan book expanded 94 percent to $6.9 billion on rising credit adoption.
• Garena bookings increased 23 percent to $661.3 million and revenue climbed 28.4 percent to $559.1 million on stronger user monetization.