Sea's $7.8B Quarter and Singtel's AI Pivot: Singapore's Tech Earnings Reveal a Two-Speed Market

Sea Limited just dropped a monster Q2 earnings report, cementing its status as Southeast Asia's undisputed internet giant. The Singapore-headquartered firm posted $7.8 billion in GAAP revenue, a 48.1% year-on-year surge, with Shopee hitting record highs across GMV, order volume, and revenue. Net income climbed 10.6% to $458.1 million while gross profit jumped 47.3% to $3.5 billion. The real story, though, is fintech arm Monee, which raked in **$1.4 billion in...