share_log

Sea Affirmed FY24 Outlook (Reported Earlier, Shopee's 2024 GMV Growth of High Teens Range and Adjusted EBITDA to Turn Positive in the Second Half of This Year)

Benzinga ·  May 14 06:42

On digital entertainment, Mr Li said, "We are pleased to share that Garena is back to positive growth, led by Free Fire's strong performance across markets." Specifically on Free Fire, Mr Li commented, "In its 7th year, Free Fire is still one of the largest mobile games in the world by user scale, and remains highly effective in attracting new users. We are confident of building Free Fire into an evergreen franchise."

In conclusion, Mr Li said, "We have a clear roadmap for profitable growth. Our results in the first quarter have given us a strong start to 2024, and we are well on-track to deliver our full-year guidance."

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment