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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue      
Revenue $ 13,063,560 $ 12,449,705 $ 9,955,190
Cost of revenue      
Cost of revenue (7,229,913) (7,264,428) (6,059,455)
Gross profit 5,833,647 5,185,277 3,895,735
Operating income (expenses)      
Other operating income 221,021 279,184 287,946
Sales and marketing expenses (2,779,223) (3,269,223) (3,829,743)
General and administrative expenses (1,134,724) (1,437,612) (987,868)
Provision for credit losses (633,942) (513,690) (117,427)
Research and development expenses (1,164,126) (1,376,501) (831,703)
Impairment of goodwill (117,875) (354,943) 0
Total operating expenses (5,608,869) (6,672,785) (5,478,795)
Operating (loss) income 224,778 (1,487,508) (1,583,060)
Interest income 331,310 115,515 36,082
Interest expense (41,075) (45,396) (136,876)
Net investment loss (125,656) (207,331) (43,502)
Net (loss) gain on debt extinguishment 38,550 199,697 (2,069)
Foreign exchange gain (loss) 4,487 (75,510) 14,241
(Loss) Income before income tax and share of results of equity investees 432,394 (1,500,533) (1,715,184)
Income tax expense (262,680) (168,395) (332,865)
Share of results of equity investees (7,032) 11,156 5,019
Net (loss) income 162,682 (1,657,772) (2,043,030)
Net (income) loss attributable to non-controlling interests (11,956) 6,351 (3,729)
Net (loss) income attributable to Sea Limited's ordinary shareholders $ 150,726 $ (1,651,421) $ (2,046,759)
(Loss) Earnings per share:      
Basic (in dollars per share) $ 0.27 $ (2.96) $ (3.84)
Diluted (in dollars per share) $ 0.25 $ (2.96) $ (3.84)
Weighted average shares used in (loss) earnings per share computation:      
Basic (in shares) 566,612,815 558,119,948 532,705,796
Diluted (in shares) 594,405,604 558,119,948 532,705,796
Digital Entertainment [Member]      
Revenue      
Revenue $ 2,172,009 $ 3,877,163 $ 4,320,013
Cost of revenue      
Cost of revenue (672,481) (1,077,017) (1,230,082)
E-Commerce and Other Services [Member]      
Revenue      
Revenue 9,770,376 7,463,173 4,564,617
Cost of revenue      
Cost of revenue (5,530,043) (5,194,065) (3,825,826)
Sales of Goods [Member]      
Revenue      
Revenue 1,121,175 1,109,369 1,070,560
Cost of revenue      
Cost of revenue $ (1,027,389) $ (993,346) $ (1,003,547)