Sea's Market Value Surges Past $100 Billion Amid Record Sales

Sea, owner of Shopee, has topped $100 billion in market value, close to reclaiming its title as Southeast Asia's most valuable company. The e-commerce and gaming firm reported record sales, driven by Shopee's online shopping platform. Sea is battling global challengers like ByteDance's TikTok Shop and Alibaba's Lazada, but is betting on new initiatives in digital finance and logistics to grow its dominance.

Sea Ltd., the parent company of the popular e-commerce platform Shopee, has soared to a market capitalization exceeding $100 billion, reclaiming its position as Southeast Asia's most valuable company. The company reported a 418.3% increase in its second-quarter earnings, reaching $414.2 million, up from $79.9 million in the same period last year [1].

The surge in earnings was primarily driven by a 38.2% revenue growth to $5.3 billion for the quarter, largely due to the performance of Shopee and Sea’s digital financial services arm, Monee. Shopee, the largest e-commerce platform in Southeast Asia, saw its revenue grow by 33.6%, while Monee's sales rose by 70% in Q2 2025. Additionally, the gaming division Garena reported a 23.2% increase in bookings [1].

Sea Ltd. has achieved this milestone by investing heavily in its logistics arm, SPX Express, which now manages the majority of Shopee's parcels. This in-house logistics network has expanded its market share in the region to about 25% and has significantly improved delivery speeds, with 90% of parcels in Singapore arriving next day [2].

Sea's digital financial services arm, Monee, has also shown remarkable growth. With a loan book of $6.9 billion by year-end 2024 and a 1.3% delinquency rate, Monee has demonstrated strong operational discipline and risk control capabilities [1]. The company's AI-driven approach to credit scoring and risk management has been pivotal in its success.

Despite these achievements, Sea faces challenges such as rising logistics costs and regulatory risks. The company's ability to balance growth with operational efficiency will be crucial for maintaining its competitive edge in the region [3].

Sea Ltd. is well-positioned to continue its growth trajectory, leveraging its diversified ecosystem and AI-driven innovations. Investors should monitor the company's ability to navigate these challenges and maintain its market dominance.

References:
[1] https://www.businesstimes.com.sg/companies-markets/shopee-monee-power-seas-value-over-us100-billion-dbs-only-other-singapore-company-league
[2] https://finance.yahoo.com/news/shopees-hidden-delivery-army-thats-160345438.html
[3] https://www.ainvest.com/news/sea-sustained-revenue-growth-strategic-diversification-commerce-finance-entertainment-2508/