Garena
Garena could fire Sea towards US$1t market cap dream, but Shopee growth plans weigh on near-term sentiment
Reinvestments to support business expansion reflect its focus on revenue growth over profitability, analysts say
Garena’s gaming revival could prove a false dawn for Sea
SEA’S latest results paint a picture of great health, with all its business units – from e-commerce to gaming to digital financial services – firing on all cylinders and the group reporting its first ...
Sea to make Shopee prices more competitive, build digital banking services after first year in the black
FOLLOWING the announcement of its first profitable year, New York Stock Exchange-listed Sea said that it will improve the price competitiveness of its product listings on its e-commerce platform Shope...
Shopee’s parent Sea seen consolidating Singapore footprint in one-north, Science Park
The NYSE-listed group is no longer looking for a replacement tenant for 200,000 sq ft of office space it leased in Rochester Commons
Sea posts US$143.9 million loss for Q3 2023 with focus on e-commerce growth
NEW York-listed Sea fell back into the red, reporting a loss of US$143.9 million for the third quarter of 2023.
Sea posts Q2 profit of US$331 million but misses revenue forecasts
NEW York-listed Sea has reported a third consecutive profitable quarter, posting a US$331 million profit for the three months ended Jun 30, compared to a loss a year prior.
As Sea awes investors with profits, its challenge is sustaining momentum
Expectations for FY2023 results are much higher, but the company also faces headwinds
Brokers’ take: Analysts positive on Sea after surprise turnaround in Q4 2022
ANALYSTS are taking heart from Sea’s earlier-than-expected reversal into profit for the fourth quarter of 2022, a development which has shocked the market and shown the effectiveness of the group’s co...
Sea seeking replacement tenant for its 200,000 sq ft of space in Buona Vista
Shopee parent pull brakes on spending in fight for profitability
Brokers’ take: CGS-CIMB upgrades Sea to ‘add’ as losses narrow
CGS-CIMB has upgraded its call on Sea Ltd to “add” from “hold” as it believes the gaming and e-commerce group’s strategic shift to focus on profitability has begun to bear fruit.
