Singapore-based Sea reported robust revenue growth for the April-June 2026 quarter, with total revenue increasing 48% to $7.8 billion. This growth was driven primarily by its core e-commerce business, Shopee, whose revenue surged 48.2% to $5.6 billion. Shopee successfully fended off competition from ByteDance's TikTok Shop and Alibaba Group Holding's Lazada during this period. In addition to e-commerce, Sea's expansion in digital financial services and gaming also contributed to the strong quarterly performance.
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