Sea reports 418.3% surge in Q2 2025 earnings to US$414.2 million, on Shopee and Monee’s performance
Its revenue is up 38.2% at US$5.3 billion for the quarter, powered by its e-commerce and digital financial services arms
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SINGAPORE] Sea Ltd reported on Tuesday (Aug 12) a 418.3 per cent increase in its second-quarter earnings to US$414.2 million, a jump from the US$79.9 million in the year-ago period.
Revenue for the group grew 38.2 per cent to US$5.3 billion for Q2 2025, from US$3.8 billion in the year before, powered by the performance of its e-commerce and digital financial services arms, respectively, Shopee and Monee.
Revenue for Shopee grew 33.6 per cent to US$3.3 billion in Q2 2025, up from US$2.5 billion in Q2 2024. This was driven by the 28.2 per cent growth in gross merchandise value (GMV) in Q2 2025 to US$29.8 billion. Core marketplace revenue, drawn from transaction-based fees and advertising revenue, grew 46.2 per cent to US$2.6 billion in the quarter.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
