Sea shares rise on upbeat second-quarter revenue
11/08/2026 11:56
BUZZ-Sea shares rise on upbeat second-quarter revenue ** Shopee-owner Sea's SE.N shares rise 7.1% to $123.05 premarket
** SE reports revenue of $7.79 billion for Q2 ended June 30, beating analysts' average estimate of $7.06 billion, according to data compiled by LSEG
** "Our investments have enabled Shopee and Monee to continue to strengthen our market leadership while improving our user penetration" — CEO Forrest Li
** As of last close, stock down ~10% this year
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))
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