Sea Limited (NYSE: SE) reported a revenue of $4.8 billion for Q1 2025, marking a 29.6% increase year-over-year. The e-commerce segment, Shopee, contributed $3.5 billion (up 28.3%), while its digital financial services segment, Monee, generated $787.1 million (up 57.6%). Monee’s loan book reached $5.8 billion, a 76.5% rise from the previous year, indicating substantial growth potential.
Shopee handled 3.1 billion orders worth $28.6 billion in the same quarter, with over 1 million VIP memberships already in place. Sea’s Garena, a mobile gaming studio, had 661.8 million active users, showing an 11.3% increase from a year earlier, although down from its peak of 729 million in 2021. Analysts project Sea’s revenue could hit $25.3 billion by 2026, suggesting a price-to-sales ratio of 3.6, signaling potential undervaluation with an opportunity for stock prices to soar by 133%.
