Sea Limited Stock Rockets After 48% Q2 Revenue Jump to $7.8 Billion
Updated
Updated · Yahoo Finance · Aug 13
Sea Limited Stock Rockets After 48% Q2 Revenue Jump to $7.8 Billion
3 articles · Updated · Yahoo Finance · Aug 13
Summary
$7.8 billion in Q2 revenue sent Sea Limited shares sharply higher after the Southeast Asian tech group posted 48% year-over-year growth.
Shopee led the expansion with 49% revenue growth, while fintech arm Monee rose 59% and gaming unit Garena increased 34%, showing broad-based momentum across all three businesses.
Sea’s results underscore investor appetite for a smaller regional e-commerce conglomerate with exposure to Southeast Asia’s fast-growing markets.
At roughly a $75 billion market value versus Amazon’s $2.9 trillion, Sea is being framed as a lower-scale growth play in a region of about 645 million people.