Sea Limited (NYSE:SE) Q2 2023 Earnings Call Transcript

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Yanjun Wang : Thank you, Thomas. In terms of the fintech business, we’re pleased to see that continue to produce strong cash flow and also a very strong year-on-year growth with a stable risk profile. And as we explained before, overall, we think at this stage, we try to maximize the synergies between our Shopee and SeaMoney ecosystem. And focus on building a strong platform with resilient and strong capabilities and a good service to our users. But it’s still very early stage for us at a fintech level. But it’s already a very good business, producing stable good cash flow. So we’re happy to see how it is. We’ll focus on more on the health of the growth and synergies to make sure we maximize efficiency of the business at this stage.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to Minju Song for any closing remarks.

Minju Song : Thank you, operator, and thank you all for joining today’s call. We look forward to speaking to all of you again next quarter. Thank you.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.

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