(Reuters) -Shopee-owner Sea Ltd topped market estimates for quarterly revenue on Tuesday, powered by strong growth at its e-commerce business, while its financial services and entertainment segments also saw robust demand.
The Singapore-based tech company reported revenue of $5.26 billion in the second quarter ended June, up 38.2% from last year and compared with analysts’ average estimate of $4.98 billion, according to data compiled by LSEG.
(Reporting by Deborah Sophia in Bengaluru; Editing by Tasim Zahid)
Comments