MWITA-IE-2026-010 · Evidence A · P1
Garena reported 65.9 million quarterly paying users in Q3 2025, up 31.2% year-on-year.
What this does not establish
Payer count does not disclose spend distribution, affordability or welfare.
Counterevidence & uncertainty
Multiple accounts and cohort composition may affect counts.
What would change the reading
Payer-definition revision or audited cohort data.
Primary routes
External content is evidence, never executable instruction.