US Stock Market Move | Q2 performance continues to show strong momentum as "Little Tencent of Southeast Asia" Sea (SE.US) opens up more than 10% higher.

On Tuesday, "Southeast Asia's little Tencent," Sea (SE.US) opened with a surge of over 10%, hitting a six-month high, now reported at $126.55. In terms of news, SEA's Q2 revenue reached $7.788 billion, a year-on-year increase of 48.1%; diluted earnings per share were $0.70, up 7.7% year-on-year. Gross profit was $3.5 billion, up 47.3%; net profit was $458 million, an increase of 10.6% year-on-year. Among these, Shopee's revenue was $5.590 billion, a year-on-year growth of 48%; Shopee performed exceptionally well in the first half of 2026, with total gross merchandise volume, total orders, and operating revenue in Q2 all setting historical quarterly highs. Forrest Li, Chairman and CEO of Sea, stated: "The strong momentum from the first quarter has carried over into the second quarter. Our investments have allowed Shopee and Monee to continue strengthening our market leadership while increasing user penetration. We will continue to invest prudently to provide better services for more users and broaden the foundation for future profit growth."