Multiple monetisation streams in gaming, e-commerce push up Sea's Q1 numbers

Multiple monetisation streams in gaming, e-commerce push up Sea's Q1 numbers

Sea leadership team (including Chairman & Chief Executive Officer Forrest Li and President Nick Nash) on the podium. Credit: NYSE

Singapore-based and New York Stock Exchange (NYSE)-listed online games publisher and e-commerce player Sea Limited (Sea) beat street expectations on its first-quarter numbers riding on various factors such as multiple monetisation streams, strong pipeline of games, growth in paid users and a part of the e-commerce business turning cash flow positive.

Sea Ltd posted a whopping 193.8 per cent jump in adjusted total revenue at $578.82 million in the first quarter (2019) compared to $142.08 million in the corresponding period last year.

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