Shopee's Owner Sees Profit and Revenue Growth in Q3

Sea, the owner of Shopee, has reported a significant increase in profit and revenue in the third quarter of 2026. The company's profit rose by 34% year-over-year to $502.4 million, while its revenue grew by 43.4% to $8.58 billion between July and September. This growth is a testament to the success of Shopee, a leading e-commerce platform in Southeast Asia.

The growth of Sea and Shopee is a significant development in the social commerce space, as it highlights the increasing importance of online shopping and digital payments in the region. This trend is likely to continue, with more consumers turning to social media and e-commerce platforms to discover and purchase products. As a result, social commerce platforms like Shopee are well-positioned for continued growth and expansion.