While reporting its financial results for the third quarter on Tuesday, consumer internet company Sea Limited (SE) raised its revenue guidance for both digital entertainment and e-commerce for the full-year 2020.
For fiscal 2020, the company currently expects revenue for digital entertainment to exceed $3.1 billion and revenue plus sales incentives net-off for e-commerce to exceed $2.3 billion.
Previously, the company expected revenues in the range of $1.9 billion to $2.0 billion for digital entertainment and between $1.7 billion and $1.8 billion for e-commerce.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.