Right off the bat, Sea turned in a really impressive June 2021 Quarter of growth with Garena growing 166.8% and Shopee growing 174.1%. Garena & Self-funding One of the really interesting things that made me look deeply at Sea in the first place was the model of funding Shopee internally with a really profitable gaming division in Garena. It occurred to me that this was Amazon and AWS, except in reverse chronological order. How interesting.
Sea Limited: An impressive quarter
Sea Limited: An impressive quarter
Sea Limited: An impressive quarter
Right off the bat, Sea turned in a really impressive June 2021 Quarter of growth with Garena growing 166.8% and Shopee growing 174.1%. Garena & Self-funding One of the really interesting things that made me look deeply at Sea in the first place was the model of funding Shopee internally with a really profitable gaming division in Garena. It occurred to me that this was Amazon and AWS, except in reverse chronological order. How interesting.