💨 Abstract

Sea Ltd, a Singapore-based technology conglomerate, exceeded Wall Street estimates for Q4 revenue, driven by growth in its financial services segment and e-commerce platform Shopee. Shopee, Indonesia's e-commerce market leader, reported a 41.3% increase in revenue due to higher holiday quarter consumer spending. The company anticipates its digital entertainment business, Garena, to grow in double-digits this year.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖