Strong Revenue Growth: Sea Limited reported a total GAAP revenue of $5.3 billion in Q2 2025, a 38% year-on-year increase. This growth was driven primarily by strong performance in their e-commerce business, Shopee, and their digital financial services segment, Money, which saw revenues grow by 70% year-on-year.

E-commerce Momentum: Shopee's GMV grew 25% year-on-year in the first half of 2025, with an expectation to maintain similar growth into Q3. The company is considering raising its full-year guidance based on this strong momentum. The number of sellers using Shopee's ad products rose by 20%, resulting in a 46% increase in core marketplace revenue year-on-year.

Digital Financial Services Expansion: The company's digital financial service segment, Money, reported a loan portfolio growth of over 90% year-on-year, reaching $6.9 billion. The 90-day non-performing loan (NPL) ratio remained stable at 1.0%, indicating strong risk management despite significant growth and expanding offerings.