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While reporting its financial results for the third quarter on Tuesday, consumer internet company Sea Limited (SE) raised its revenue guidance for both digital entertainment and e-commerce for the full-year 2020.


RTTNews | Nov 17, 2020 06:45AM EST

06:44 Tuesday, November 17, 2020 (RTTNews.com) - While reporting its financial results for the third quarter on Tuesday, consumer internet company Sea Limited (SE) raised its revenue guidance for both digital entertainment and e-commerce for the full-year 2020.

For fiscal 2020, the company currently expects revenue for digital entertainment to exceed $3.1 billion and revenue plus sales incentives net-off for e-commerce to exceed $2.3 billion.

Previously, the company expected revenues in the range of $1.9 billion to $2.0 billion for digital entertainment and between $1.7 billion and $1.8 billion for e-commerce.

Read the original article on RTTNews ( https://www.rttnews.com/3146610/sea-limited-boosts-fy20-revenue-outlook-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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