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Sea Limited reported strong Q3 2024 revenue growth, surpassing $4.3 billion and turning a profit.
Sea Limited, a tech company owning Shopee, SeaMoney, and Garena, reported third-quarter 2024 revenue of $4.3 billion, up 30.8% year-on-year, surpassing expectations.
Shopee saw a 24.2% increase in gross orders, while SeaMoney's loan book grew over 70% year-on-year.
Digital entertainment revenue rose 24.3%.
The company's net income was $153.3 million, compared to a $144 million loss last year, reflecting strong growth across all segments.
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Sea Limited reportó un fuerte crecimiento de los ingresos del Q3 2024, superando los 4.300 millones de dólares y generando beneficios.