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Sea's Q2 revenue doubles, lifted by Garena and Shopee growth

Fiona Lam

Fiona Lam

Published Wed, Aug 19, 2020 · 09:50 PM
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Singapore

SINGAPORE-BASED Sea Ltd - which owns e-commerce platform Shopee and game developer Garena - saw its total adjusted revenue doubling to US$1.29 billion for the second quarter this year, from US$665.4 million a year ago.

CGS-CIMB on Wednesday upped its target price on the New York-listed stock to US$158.20, from US$152.00, while reiterating its "add" call.

Analyst Ngoh Yi Sin said Sea…

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KEYWORDS IN THIS ARTICLE

Shopee
Gaming
Fintech

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