Sea Limited’s e-commerce unit Shopee reported 4.0 billion gross orders and $37.3 billion GMV in Q1 2026, driving revenue growth.
Sea Limited’s Shopee delivered 4.0 billion gross orders in Q1 2026, a 29.3% year-over-year increase, while gross merchandise value (GMV) rose 30.2% to $37.3 billion. The company’s GAAP revenue climbed 45.1% to $5.1 billion, with marketplace revenue reaching $4.5 billion.
Core marketplace revenue, including transaction fees and advertising, jumped 61.0% to $3.8 billion. The results mark record highs for GMV, order volume, and revenue, aligning with Sea’s 2026 target of 25% annual GMV growth.
Sea is integrating AI into operations to enhance platform efficiency, reinforcing its long-term e-commerce strategy.