Sea limited reports fourth quarter and full year 2020 results

Singapore--(business wire)--sea limited (nyse: se) (“sea” or the “company”) today announced its financial results for the fourth quarter and full year ended december 31, 2020. fourth quarter 2020 highlights group total gaap revenue was us$1.6 billion, up 101.6% year-on-year. total gross profit was us$533.7 million, up 101.5% year-on-year. total adjusted ebitda1 was us$48.7 million compared to us$(104.9) million for the fourth quarter of 2019. digital entertainment bookings2 were us$1.0 billion,
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