Sea Limited Announces Strong Q2 2024 Financials
Company Announcements

Sea Limited Announces Strong Q2 2024 Financials

Sea (SE) has released an update.

Sea Limited reported robust financial results for Q2 2024, with total revenue increasing by 23% year-on-year to $3.8 billion and a net income of $79.9 million, despite a decrease from the previous year’s $331 million. E-commerce showed significant growth with a 40.3% increase in orders and a 29.1% rise in GMV, while the digital entertainment sector, led by the popular game Free Fire, continued its strong performance with over 100 million daily active players.

For further insights into SE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlySea Limited management to meet with Loop Capital
TheFlyYouTube Shopping expanding to Indonesia in partnership with Shopee
TipRanks Auto-Generated NewsdeskSea Limited Schedules 2024 Shareholder Meeting
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App