finance.yahoo.com

Sea Limited Insider Sale Proceeds as Q2 Revenue Rises 48%

Sea Limited logoSea Limited
Sig2.76Sen+2.68Env0.00Soc0.00Gov-0.02

Li’s sale followed a plan set nearly a year ago and involved about 1.1 million Sea shares sold through a BVI holding entity while he retained far more. The same period featured strong results: Q2 revenue rose 48% to $7.8 billion, Shopee e-commerce GMV reached $38.3 billion, Monee revenue grew 59% and loan book expanded 62% to $11.1 billion, with Garena bookings up 15%.

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