Nov 11 (Reuters) - Singapore's Sea Ltd ( SE ) beat Wall

Street expectations for third-quarter revenue on Tuesday, helped

by strong discretionary spending on its e-commerce platform,

Shopee.

Discounts, offers and efforts to speed up shipping ahead

of the holiday season have benefited Shopee, despite stiff

competition from rivals such as TikTok Shop and Alibaba ( BABA )

.

Shopee has rolled out financial incentives such as

cashback, buy now-pay later and loyalty currencies to attract

consumers who are cautious amid economic uncertainty.

Revenue for Sea's e-commerce unit came in at $4.3

billion, compared with estimates of $3.99 billion, according to

data compiled by LSEG.

The company reported total quarterly revenue of $5.99

billion, compared with estimates of $5.65 billion.