10:18 AM EDT, 08/12/2025 (MT Newswires) -- Sea's (SE) second-quarter revenue rose more than expected as all three segments of the Shopee parent delivered double-digit sales growth year over year.

Revenue for the June quarter surged 38% year over year to $5.26 billion and surpassed the FactSet-polled consensus of $4.96 billion.

The Singapore-based digital entertainment and e-commerce company's earnings per share more than quadrupled to $0.65, compared with $0.14 a year earlier. Five analysts polled by FactSet expected $0.64.

Sea's New York Stock Exchange-listed shares were up 16% intraday.

"The momentum from our strong start to 2025 has continued into the second quarter," Chief Executive Forrest Li said in a statement. "All three of our businesses have delivered robust, healthy growth, giving us greater confidence of delivering another great year."

Revenue from the e-commerce business, or Shopee, jumped 34% year over year, led by a 46% surge in core marketplace revenue, which consists of transaction-based fees and advertising revenue.

Shopee's gross merchandise value grew 25% annually in the first half, "and we expect this growth momentum to carry into (the third quarter)," Li said.

Revenue from the digital financial services segment soared 70% from last year to $882.8 million in the second quarter. Revenue from digital entertainment, or Garena, rose 28% to $559.1 million as bookings grew 23%.

Garena is a game developer and publisher.

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