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.

November 12, 2024
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