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

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.