FILE PHOTO: A lanyard showing logos of Southeast Asian e-commerce and gaming group Sea Ltd is pictured at its office in Singapore, March 5, 2021. REUTERS/Edgar Su/File Photo
(Reuters) -Southeast Asian technology firm Sea Ltd beat estimates for first-quarter revenue on Tuesday, driven by strong performance of e-commerce unit Shopee, sending U.S.-listed shares of the company up 7% in premarket trading.
Shopee benefited from an early Ramadan, while Sea's digital entertainment business gained from the popularity of online multi-player game Free Fire.
