Shopee表现强劲 Sea(SE.US)Q3营收同比增长38.3%超预期

智通财经

Nov 11, 2025

智通财经APP获悉，Sea(SE.US)周二公布的第三季度营收超出华尔街预期，这主要得益于消费者在其电商平台Shopee上的可自由支配支出表现强劲。财报显示，公司Q3营收59.86亿美元，同比增长38.3%，高于分析师预期的56.5亿美元;毛利润25.99亿美元，同比增长39.7%;净利润3.75亿美元，同比增长144.6%;公司Q3每股收益为0.59美元，同比增长145.8%，低于分析师普遍预期的0.77美元。

根据伦敦证券交易所集团(LSEG)数据，Shopee营收增长35%，达43亿美元，超出此前39.9亿美元的预估值，成为营收超预期的关键引擎。商品交易总额（GMV）增长28%。

在TikTok Shop、阿里巴巴等竞争对手激烈角逐的市场环境下，Shopee通过节前推出大额折扣、限时优惠、加速物流配送等运营策略，并结合现金返还、先买后付、积分奖励等金融激励措施，有效吸引经济波动期谨慎消费群体。Sea表示，Shopee的GMV今年预计将增长超过25%，高于此前预测的20%。

首席执行官李小冬上个月表示，人工智能将助力Sea迈入下一个增长阶段。该公司已加大对该技术的投资，并将人工智能融入到客户服务和游戏等领域的日常运营中。其游戏业务Garena本季度预订量增长了51%，创下2021年以来的最高增幅。

由于盈利表现改善，Sea的股价已从2024年的低点上涨了四倍多。但由于市场担忧其估值过高，且面临日益激烈的竞争，过去两个月股价下跌超过20%。

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2582106369"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2582106369\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2582106369?lang=en_US&edition=fundamental","thumbnail":"","is_english":false,"pubTime":"2025-11-11 20:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2582106369","market":"fut","top_or_hot":-1,"title":"Shopee表现强劲 Sea(SE.US)Q3营收同比增长38.3%超预期","media":"智通财经","content":"<html><body><p>智通财经APP获悉，Sea(SE.US)周二公布的第三季度营收超出华尔街预期，这主要得益于消费者在其电商平台Shopee上的可自由支配支出表现强劲。财报显示，公司Q3营收59.86亿美元，同比增长38.3%，高于分析师预期的56.5亿美元;毛利润25.99亿美元，同比增长39.7%;净利润3.75亿美元，同比增长144.6%;公司Q3每股收益为0.59美元，同比增长145.8%，低于分析师普遍预期的0.77美元。</p><p>根据<a href=\"https://laohu8.com/S/LSE.UK\">伦敦证券交易所</a>集团(LSEG)数据，<span>Shopee</span>营收增长35%，达43亿美元，超出此前39.9亿美元的预估值，成为营收超预期的关键引擎。商品交易总额（GMV）增长28%。</p><p>在TikTok Shop、<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>等竞争对手激烈角逐的市场环境下，Shopee通过节前推出大额折扣、限时优惠、加速物流配送等运营策略，并结合现金返还、先买后付、积分奖励等金融激励措施，有效吸引经济波动期谨慎消费群体。Sea表示，Shopee的GMV今年预计将增长超过25%，高于此前预测的20%。</p><p>首席执行官李小冬上个月表示，人工智能将助力Sea迈入下一个增长阶段。该公司已加大对该技术的投资，并将人工智能融入到客户服务和游戏等领域的日常运营中。其游戏业务Garena本季度预订量增长了51%，创下2021年以来的最高增幅。</p><p>由于盈利表现改善，Sea的股价已从2024年的低点上涨了四倍多。但由于市场担忧其估值过高，且面临日益激烈的竞争，过去两个月股价下跌超过20%。</p></body></html>","source":"stock_zhitongcaijing","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shopee表现强劲 Sea(SE.US)Q3营收同比增长38.3%超预期</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShopee表现强劲 Sea(SE.US)Q3营收同比增长38.3%超预期\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-11 20:43 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1367957.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，Sea(SE.US)周二公布的第三季度营收超出华尔街预期，这主要得益于消费者在其电商平台Shopee上的可自由支配支出表现强劲。财报显示，公司Q3营收59.86亿美元，同比增长38.3%，高于分析师预期的56.5亿美元;毛利润25.99亿美元，同比增长39.7%;净利润3.75亿美元，同比增长144.6%;公司Q3每股收益为0.59美元，同比增长145.8%，低于分析师普遍预期...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1367957.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SE","symbol_name":"Sea Ltd","start_time":0,"source_url":"http://www.zhitongcaijing.com/content/detail/1367957.html","article_id":"2582106369","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582106369","pubTimestamp":1762864991,"columns":[],"sourceInfo":{"source_id":"stock_zhitongcaijing","name":"智通财经网"},"weMediaInfo":null,"summary":"智通财经APP获悉，Sea周二公布的第三季度营收超出华尔街预期，这主要得益于消费者在其电商平台Shopee上的可自由支配支出表现强劲。根据伦敦证券交易所集团数据，Shopee营收增长35%，达43亿美元，超出此前39.9亿美元的预估值，成为营收超预期的关键引擎。Sea表示，Shopee的GMV今年预计将增长超过25%，高于此前预测的20%。其游戏业务Garena本季度预订量增长了51%，创下2021年以来的最高增幅。由于盈利表现改善，Sea的股价已从2024年的低点上涨了四倍多。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":["earning"],"viewcount":null,"language":"zh","relate_stocks":{"SE":"Sea Ltd"},"translate_title":"Shopee performed strongly Sea (SE.US) Q3 revenue increased by 38.3% year-on-year, exceeding expectations","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SE":1.5},"content_text":"智通财经APP获悉，Sea(SE.US)周二公布的第三季度营收超出华尔街预期，这主要得益于消费者在其电商平台Shopee上的可自由支配支出表现强劲。财报显示，公司Q3营收59.86亿美元，同比增长38.3%，高于分析师预期的56.5亿美元;毛利润25.99亿美元，同比增长39.7%;净利润3.75亿美元，同比增长144.6%;公司Q3每股收益为0.59美元，同比增长145.8%，低于分析师普遍预期的0.77美元。根据伦敦证券交易所集团(LSEG)数据，Shopee营收增长35%，达43亿美元，超出此前39.9亿美元的预估值，成为营收超预期的关键引擎。商品交易总额（GMV）增长28%。在TikTok Shop、阿里巴巴等竞争对手激烈角逐的市场环境下，Shopee通过节前推出大额折扣、限时优惠、加速物流配送等运营策略，并结合现金返还、先买后付、积分奖励等金融激励措施，有效吸引经济波动期谨慎消费群体。Sea表示，Shopee的GMV今年预计将增长超过25%，高于此前预测的20%。首席执行官李小冬上个月表示，人工智能将助力Sea迈入下一个增长阶段。该公司已加大对该技术的投资，并将人工智能融入到客户服务和游戏等领域的日常运营中。其游戏业务Garena本季度预订量增长了51%，创下2021年以来的最高增幅。由于盈利表现改善，Sea的股价已从2024年的低点上涨了四倍多。但由于市场担忧其估值过高，且面临日益激烈的竞争，过去两个月股价下跌超过20%。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}