Sea meets Vietnam's General Secretary and President
Forrest Li discussed digital economy collaboration, AI, fintech, and Sea’s planned SPX warehousing and parcel-sorting center in Hưng Yên Province in 2027.
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Global technology company
sea.comLast updated
In short: Sea reported strong financial growth and nearly tripled its 2024 net profit, though it recently implemented job cuts at its Shopee unit.
Forrest Li discussed digital economy collaboration, AI, fintech, and Sea’s planned SPX warehousing and parcel-sorting center in Hưng Yên Province in 2027.
Net income reached $438.2 million, driven by strong growth across Shopee, Garena, and Monee.
The centre will drive AI-native innovation, create 100+ R&D roles, and leverage in-house foundation models like Compass Max v3.5.
The report details audited financial statements and is available on the SEC website.
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