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Shopee-owner Sea beats quarterly revenue estimates

Aug 12 (Reuters) - Shopee-owner Sea Ltd SE.N topped market estimates for quarterly revenue on Tuesday, powered by strong growth at its e-commerce business, while its financial services and entertainment segments also saw robust demand.

The Singapore-based tech company reported revenue of $5.26 billion in the second quarter ended June, up 38.2% from last year and compared with analysts' average estimate of $4.98 billion, according to data compiled by LSEG.

 (Reporting by Deborah Sophia in Bengaluru; Editing by Tasim Zahid)

 ((MuhammadTasim.Zahid@thomsonreuters.com;))

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