Sea Limited: Garena’s Strong Q1 Performance and Other Important Updates
Court: D. Arizona
Case: 2:23-cv-01455
SE reported solid momentum in Q1 2025 for its digital entertainment division, Garena, driven by strong performance from Free Fire and its collaboration with NARUTO SHIPPUDEN. Revenue grew 8.2% year over year to $495.6M, with bookings up over 51%. With average DAUs nearing pandemic-era highs and new games like Delta Force Mobile gaining traction, Sea Limited anticipates continued double-digit growth for the rest of the year.
More news for SE investors—check what you might be missing right now
At the same time, Sea Limited has reached a $46M settlement with investors over claims that it misled them about the financial health and growth prospects of its Garena and Shopee segments.
You can check more information about it and file for a payout here.