Strong second quarter results sent shares of Sea , the Singaporean tech company, up 19% in New York trading on Tuesday. Shares are now up more than 60% for the year thus far, even as shares are still far from their 2021 highs.
Sea reported revenue of $5.3 billion for the quarter ending June 2025, an almost 40% jump year-on-year. Net income also reached $414.2 million, more than five times greater than the $79.9 million profit recorded a year ago.
All three of Sea’s business divisions—e-commerce platform Shopee, video game developer Garena and fintech unit Monee—posted double-digit percentage point revenue growth.
“The momentum from our strong start to 2025 has continued into the second quarter. All three of our businesses have delivered robust, healthy growth, giving us greater conf