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Sea Limited shared that it made $8.6 billion in sales last quarter, up 43% from last year.

ResultsRead the original at Benzinga
Good for SE

Sea's sales rose 43% and adjusted EBITDA rose 29%, with Shopee reaching its most profitable quarter. An earlier report flagged rising AI costs and competition, but these results show strong growth across Sea's businesses.

SE · Sea Limited

AI read · Good for SE

The AI's read

Shopee's marketplace growth came with its most profitable quarter. SeaMoney and Garena also grew, making the results broad-based. An earlier report noted rising AI costs and competition, but the strong sales and profit growth in this report outweigh that concern.

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