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Sea shares hit highest point in three years after it records $410.8 million in quarterly profit

Fortune LogoFortune15h ago

Sea shares hit highest point in three years after it records $410.8 million in quarterly profit - Fortune

Quick Summary:

Sea's three businesses, e-commerce, digital financial services, and gaming all saw double digit percentage growth for the first three months of the year.

Yet, the positive first quarter was still mainly driven by online shopping, which formed the bulk of its revenue.

The company also revealed the daily active users for Free Fire, one of its more popular mobile games, during the quarter was close to its pandemic peak.


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Sea shares hit highest point in three years after it records $410.8 million in quarterly profit - Fortune (Picture 1)

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Article Details

Author / Journalist: Lionel Lim

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 16:00:21 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 441 words

Reading Time: 3 minutes read

Sentences: 6 lines

Sentence Length: 74 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28681962

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 53 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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