Record E-commerce Growth
Shopee delivered a record high GMV and gross order volume in the first quarter, with a 22% year-on-year increase in GMV to $28.6 billion and a 20% increase in growth orders to $3.1 billion.
Digital Financial Services Expansion
Monee's first-quarter revenue and adjusted EBITDA grew by more than 50% year-on-year, with a loan book increase of over 75% year-on-year to $5.8 billion.
Strong Digital Entertainment Performance
Garena's bookings grew 51% year-on-year, achieving the best quarterly performance since 2021, and adjusted EBITDA increased by 57%.
Improved Profitability
Sea Limited's total adjusted EBITDA was $947 million in the first quarter of 2025, compared to $401 million in the first quarter of 2024.
Successful Rebranding
The digital financial services business was successfully rebranded from SeaMoney to Monee, signaling a new phase of growth and expanded offerings.