Key Takeaways Sea Limited posts 35% e-commerce revenue growth and records $32.2B GMV in Q3 2025.Shopee boosts monetization with a 53% fee and ad revenue growth, powered by higher take rates.Logistics strains persist as value-added services fall and service costs rise nearly 39%.Sea Limited (SE) continues to center its growth strategy around Shopee, its most dominant business segment. For the third quarter of 2025, the company posted another strong e-commerce performance, with revenues rising nearly 35% year ...