Sea Limited Revises Up Shopee's 2024 Full Year GMV Growth Guidance To Mid-20%
Portfolio Pulse from Benzinga Newsdesk
Sea Limited has revised its 2024 full-year GMV growth guidance for Shopee to mid-20%.
August 13, 2024 | 10:32 am
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Sea Limited has increased its 2024 full-year GMV growth guidance for Shopee to mid-20%, indicating a positive outlook for the company's e-commerce segment.
The revision of Shopee's GMV growth guidance to mid-20% suggests strong performance and growth expectations for Sea Limited's e-commerce segment. This positive outlook is likely to boost investor confidence and positively impact SE's stock price in the short term.
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