U.S. COMPANY FILING
Sea Ltd — Form 20-F filed 2026-04-17
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Sea Limited filed its 2025 annual report on Form 20-F, reporting revenue of $10.2 billion and net income of $1.6 billion, marking the third consecutive year of profitability. Shopee achieved GMV of $127.4 billion with 13.9 billion orders. Total assets stood at $29.37 billion with cash and equivalents of $4.16 billion. The report also highlights regulatory risks in digital financial services, banking, and insurance, along with foreign exchange and competition risks.
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