Shopee, 'Free Fire' game demand help Sea beat revenue estimates

FILE PHOTO: A signage of Shopee, the e-commerce arm of Southeast Asia's Sea Ltd, is pictured at their office in Singapore, March 5, 2021. REUTERS/Edgar Su/File Photo

(Reuters) -Sea Ltd topped market estimates for quarterly revenue on Tuesday, powered by strong demand in its Shopee e-commerce business and its gaming division, sending the company's U.S.-listed shares nearly 19% higher in early trading.

Shopee, a popular e-commerce platform in Southeast Asia and Taiwan, is seeing strong consumer demand, thanks to the company's efforts to offer competitive pricing and improved customer experience.