Sea Ltd. reported a 38% year-over-year increase in Q2 revenue, reaching $5.26 billion, surpassing analysts' estimates of $5 billion. Net income was $414 million, slightly below the estimated $444 million. Shopee, Sea's e-commerce arm, saw a 34% increase in revenue, totaling $3.8 billion, driven by commissions and advertising. This growth reflects the increasing adoption of online shopping in Southeast Asia, with consumers purchasing a wide range of goods from iPhones to everyday groceries.