Sea Limited's shares surged 13.81% following a strong Q1 report showing 46.61% revenue growth to $7.10 billion, beating expectations despite a slight EPS miss due to reinvestment. All segments—e-commerce Shopee, fintech Monee, and gaming Garena—posted solid gains, with Shopee's revenue up 45.1% and Monee's loan book growing 71.3%. The company also improved monetization and customer service efficiency. This performance contrasts with peers Shopify and MercadoLibre, highlighting Sea's accelerating growth and investor confidence in its reinvestment strategy for long-term gains.
Sea Limited posted strong Q2 results with total revenue rising 48% year-over-year to $7.80 billion, driven by its Shopee e-commerce platform which saw GMV increase 28% to $38.30 billion. Adjusted EBITDA grew 11% to over $917 million, reflecting impro...
Anthropic will embed persistent watermarks and provenance metadata in all AI-generated content from its Claude models in the EU starting August 2, complying with the EU AI Act for transparency. Sea Limited's stock rallied after beating Q2 revenue exp...
