[BUSINESS]■ STORY TIMELINE

SEA BEATS ESTIMATES WITH 47% REVENUE SURGE

Sea Ltd. reported Q1 revenue of $7.1 billion, up 47% year-over-year, and net income of $428 million, up 6% YoY, surpassing analyst expectations. The Southeast Asian e-commerce giant maintained its competitive edge against rivals in the region's crowded market.

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Sea reports Q1 revenue up 47% YoY to $7.1B and net income up 6% YoY to $428M, both above est., after warding off rivals in Southeast Asia's e-commerce market (Olivia Poh/Bloomberg)

Olivia Poh / Bloomberg: Sea reports Q1 revenue up 47% YoY to $7.1B and net income up 6% YoY to $428M, both above est., a…

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