<a href="https://laohu8.com/S/SE">Sea Ltd</a>. Publishes Q3 2025 Earnings Call Transcript
Sea Ltd. has published the transcript of its 2025 third quarter earnings conference call, attended by Chairman and Chief Executive Officer Forrest Li, President Chris Feng, and Chief Financial Officer Tony Hou, alongside the Investor Relations team. During the call, management highlighted Sea's strong performance in Q3 2025, reporting total revenue of $6 billion and adjusted EBITDA of $874 million, reflecting 38% and 68% year-on-year growth, respectively. Shopee's gross merchandise value (GMV) increased by over 28% year-on-year, while Monee's loan book expanded 70%, maintaining a stable risk profile. Garena delivered its best quarter since 2021, with quarterly bookings up more than 50% year-on-year. Management discussed ongoing initiatives to improve operational efficiency, such as intelligent demand forecasting. "If we have already anticipated this demand, we can use cheaper forms of transport to pre-ship it to the area, letting us deliver it quickly and cost-effectively once the order is placed," said the Chief Executive Officer. The full transcript can be accessed through the link below.
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