Shopee-owner Sea narrowly misses quarterly revenue estimates

Sea

13/05/2025 11:32

May 13 (Reuters) - Southeast Asian technology firm Sea Ltd SE.N narrowly missed estimates for first-quarter revenue on Tuesday, as consumers dialed back spending on its e-commerce platform in the face of an uncertain economy.

Its revenue stood at $4.84 billion for the January to March period, compared with analysts' average estimate of $4.89 billion, according to data compiled by LSEG.

 (Reporting by Akash Sriram in Bengaluru; Editing by Shailesh Kuber)

 ((Akash.Sriram@thomsonreuters.com; On X as @HoodieOnVeshti; +91-99017-77617;))