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Sea Limited Announces Strong Q2 2024 Financials
Company Announcements

Sea Limited Announces Strong Q2 2024 Financials

Sea (SE) has released an update.

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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.

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