March 4 (Reuters) - Sea Ltd ( SE ) topped Wall Street

estimates for fourth-quarter revenue on Tuesday, helped by

strong growth in its financial services segment and e-commerce

platform Shopee.

U.S-listed shares of Sea were up 11% in premarket trading.

Indonesia's e-commerce market leader, Shopee, has attracted

a large user base and become a significant growth driver for its

parent company.

Sea's e-commerce segment, which accounts for more than

two-thirds of the company's total business, reported a 41.3%

jump in revenue on higher consumer spending during the holiday

quarter.

Shopee's "savings" brand image might be something that

emerging competitors find difficult to overcome, according to

venture and insights firm Momentum Works.

The company said on Tuesday it expects Garena, its digital

entertainment business that offers popular games such as Free

Fire, to grow in the double-digit percentage range in terms of

user base and bookings this year.

Diversifying into digital finance and entertainment

businesses has benefited the Singapore-based company.

Revenue at its digital financial services business, which is

home to digital payments and financial services provider

SeaMoney, grew 55.2%, beating analysts' estimates of a 35.3%

increase, according to data compiled by LSEG.

Sea in September announced a partnership with Alphabet's

YouTube, which will allow users in Indonesia to purchase

products featured on YouTube via direct links to Shopee.

The Southeast Asian technology conglomerate's revenue rose

36.9% to $4.95 billion in the quarter, compared with analysts'

estimate of $4.62 billion.