Welcome to our dedicated page for Sea news (Ticker: SE), a resource for investors and traders seeking the latest updates and insights on Sea stock.
Sea Limited (NYSE: SE) is a Singapore-founded global consumer internet company operating three core businesses: Garena for digital entertainment, Shopee for e-commerce, and Monee (also referred to as SeaMoney in some announcements) for digital financial services. This news page aggregates company-issued updates and market-moving disclosures related to these businesses.
Readers can follow Sea’s announcements about its financial performance, including quarterly and annual results where the company reports GAAP revenue, gross profit, net income, and adjusted EBITDA at both group and segment levels. Sea’s news often highlights trends in Shopee’s gross merchandise value and gross orders, developments in Monee’s consumer and SME credit portfolio, and user and bookings metrics for Garena’s digital entertainment segment.
Company press releases also cover strategic and corporate actions, such as the authorization of a share repurchase program of up to US$1 billion of American depositary shares. In addition, Sea regularly announces the timing of its earnings releases and related conference calls and webcasts, providing investors and analysts with access details for management’s discussions of recent results.
Because Sea operates across digital entertainment, e-commerce, and digital financial services in regions including Southeast Asia, Taiwan, Latin America, and Brazil, its news flow can include updates on segment performance, loan book growth and asset quality in digital financial services, and commentary on user engagement and content initiatives in gaming. This page serves as a central location to review Sea’s official news and disclosures over time for anyone tracking the SE stock and the company’s multi-segment operations.
Sea Limited (NYSE: SE) reported a strong financial performance for Q1 2021, with total GAAP revenue reaching US$1.8 billion, a 146.7% increase year-on-year. Its gross profit soared to US$645.4 million, up 212.1%. Digital Entertainment bookings hit US$1.1 billion, a 117.4% increase, while the company achieved adjusted EBITDA of US$88.1 million, a significant recovery from last year’s loss. E-commerce revenue also surged, totaling US$922.3 million, up 250.4%. Despite losing US$422.1 million net, quarterly active users rose by 61.4% to 648.8 million.
Sea Limited (NYSE: SE) will announce its first quarter 2021 results on May 18, 2021, before the U.S. market opens. The management will hold a conference call at 7:30 AM U.S. Eastern Time, which will also be accessible via a live webcast on the Company's website. Dial-in numbers include US Toll Free: 1-888-317-6003 and Hong Kong: 800-963-976. Participants are required to use the passcode 3605660. A replay of the call will be available on the investor relations site following the event.
Sea Limited (NYSE: SE) reported impressive financial results for the fourth quarter and full year ended December 31, 2020. Total GAAP revenue reached US$1.6 billion in Q4, up 101.6% year-on-year, while full-year revenue was US$4.4 billion, a 101.1% increase. Digital Entertainment segment saw bookings of US$1.0 billion, up 111.1%, and E-commerce revenue soared 178.3% to US$842.2 million. The Company achieved adjusted EBITDA of US$48.7 million in Q4, compared to a loss in the same quarter last year.
Sea Limited (NYSE: SE) plans to announce its fourth quarter and full year 2020 results before U.S. market opens on March 2, 2021. Management will host a conference call at 7:30 AM U.S. Eastern Time, which will be available through a live webcast on the Company’s website. Dial-in options are available for various regions, with a passcode for participants set at 8293261. A replay of the call will be accessible on their investor relations website. Sea Limited operates in digital entertainment, e-commerce, and digital payments.
Sea Limited (NYSE: SE) announced a public offering of 13,200,000 American Depositary Shares (ADSs) at $195.00 each, increased from the initial 11,000,000 due to strong demand. The offering is set to close around December 15, 2020, pending customary conditions. Proceeds will fund business expansion and potential acquisitions. Goldman Sachs and J.P. Morgan are the joint bookrunners. The offering is conducted under a shelf registration with the SEC, which became effective on March 1, 2019.
Sea Limited (NYSE: SE) plans to offer 11 million American Depositary Shares (ADSs) in an underwritten public offering, with a 30-day option for underwriters to purchase an additional 1.65 million ADSs. The net proceeds will be used for business expansion and general corporate purposes, including strategic investments. Goldman Sachs and J.P. Morgan are the joint bookrunners for the offering. Theregistration statement with the SEC became effective on March 1, 2019. The press release emphasizes that there is no assurance the offering will be completed.
Sea Limited (NYSE: SE) has been awarded a license to operate a digital full bank in Singapore by the Monetary Authority of Singapore. This marks the first time such a license has been granted in the country. The company aims to enhance financial services for underserved young consumers and SMEs through its digital banking offerings. Sea operates three major platforms—Shopee, Garena, and SeaMoney—integrating these insights to innovate and reduce barriers to financial access. Sea continues to contribute to Singapore's digital economy development.
Sea Limited (NYSE: SE) reported its financial results for Q3 2020, showing a 98.7% year-on-year revenue increase to US$1.2 billion. Gross profit grew 100.6% to US$407.6 million. Adjusted EBITDA was US$120.4 million, a significant turnaround from a loss of US$(30.8) million in Q3 2019. Digital entertainment bookings surged 109.5% to US$944.7 million, while e-commerce revenue rose 173.3% to US$618.7 million. The company raised its guidance for both digital entertainment and e-commerce, projecting over 75.4% growth in bookings and a revenue exceedance of US$2.3 billion.
Sea Limited (NYSE: SE) will announce its third quarter 2020 results on November 17, 2020, before the U.S. market opens. A conference call will take place at 7:30 AM U.S. Eastern Time, allowing management to discuss the results. Investors can access the live webcast on the Company’s website. Call-in numbers for various regions are provided, along with a passcode for participants. A replay of the call will be available on the Company’s investor relations page. Sea Limited operates in digital entertainment, e-commerce, and digital payments.