Singapore's Sea beats revenue estimates for fourth quarter

Reuters
03-04
Singapore's Sea beats revenue estimates for fourth quarter

March 4 (Reuters) - Sea Ltd SE.N topped Wall Street estimates for fourth-quarter revenue on Tuesday, helped by strong growth in its financial services segment and e-commerce platform Shopee.

The Southeast Asian technology conglomerate's revenue rose 36.9% to $4.95 billion in the fourth quarter, compared with analysts' estimate of $4.62 billion, according to data compiled by LSEG.

(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Shinjini Ganguli and Shreya Biswas)

((HarshitaMary.Varghese@thomsonreuters.com;))

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