"SE (earnings update): Ecosystem Fortress confirmed - Shopee×Monee×Garena integration creates multiplicative value, not additive. Monee loan book +94% YoY to $6.9B with 1.0% NPL, leveraging Shopee data. Q2 earnings +418% to $414.2M, revenue +38.2% to $5.3B. Strategic margin dip funds market consolidation competitors can't match. Garena growth exceeds 30%."
Sea's 2Q25 Earnings: Fortress and the Illogic of a Siloed View
Nikhs
August 13, 2025
Stock Idea