Sea Limited Reports Solid Growth in Q1 2024 | First Quarter Earnings Call Details
Tuesday, 14 May 2024, 18:15
Sea Limited Q1 2024 Earnings Call Highlights
Sea Limited (NYSE: SE) announced strong growth in Q1 2024, with Shopee delivering record orders, GMV, and revenue.
- Shopee: Achieved highest-ever quarterly figures and narrowing adjusted EBITDA loss
- SeaMoney: Reported steady growth and profitability with prudent risk management
- Garena: Saw positive booking trends and sustained player engagement
Operational Priorities
- Shopee: Focus on enhancing price competitiveness, content ecosystem, and service quality
- SeaMoney: Growing user base and expanding credit businesses
- Garena: Improving user acquisition, engagement, and retention
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