Shopee-owner Sea surpasses quarterly revenue estimates

Reuters

2024/11/12

Nov 12 (Reuters) - Southeast Asian technology firm Sea Ltd beat estimates for third-quarter revenue on Tuesday, helped by steady growth in its e-commerce, entertainment and financial services businesses.

Revenue rose 30.8% to $4.33 billion in the third quarter, above analysts' consensus estimate of $4.08 billion, according to data compiled by LSEG.

(Reporting by Akash Sriram in Bengaluru; Editing by Shinjini Ganguli)

((Akash.Sriram@thomsonreuters.com; On X as @HoodieOnVeshti; +91-74116-87774;))

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Editing by Shinjini Ganguli)</p><p>((Akash.Sriram@thomsonreuters.com; On X as @HoodieOnVeshti; +91-74116-87774;))</p></body></html>\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":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2482776617","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482776617","pubTimestamp":1731411167,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Nov 12  - Southeast Asian technology firm Sea Ltd    beat estimates for third-quarter revenue on Tuesday, helped by steady growth in its e-commerce, entertainment and financial services businesses.   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