Shopee-Owner Sea Quarterly Revenue Jumps on Steady Ecommerce Demand

Reuters
05-13

May 13 (Reuters) - Southeast Asian technology firm Sea Ltd on Tuesday reported a 30% surge in its first-quarter revenue, helped by steady growth in its e-commerce, entertainment and financial services businesses, sending its shares up 8.9% in premarket trading.

Purchases on Sea's e-commerce platform, Shopee — available across various Southeast Asian countries and Taiwan — surged ahead of the summer holiday and travel season.

The platform, which is a market leader in Indonesia, has attracted a large user base and become a significant growth driver for its parent company.

Shopee also offers diverse product categories, integrated digital payments, and interactive features like live streaming and in-app games.

The company's revenue rose 29.6% to $4.84 billion for the January to March period, compared with analysts' average estimate of $4.89 billion, according to data compiled by LSEG.

Sea's e-commerce segment, which accounts for more than two-thirds of the company's total business, reported a 28.3% jump in revenue in the first-quarter.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10