2023-05-15
Bloomberg
2 related
How Sea, one of Southeast Asia's largest internet companies that burned billions per year for market share, made huge cuts to turn its first profit in 14 years
Just over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company, Sea Ltd. So he propped himself …
2022-08-17
Bloomberg
Singapore-based gaming and e-commerce firm Sea reports Q2 sales rose 29% YoY to $2.9B, its slowest growth in five years, and a $931M net loss; stock drops 14%+
Bloomberg : Tweets: @technology and @business Tweets: @technology : Sea posts a bigger loss than expected and withdraws its 2022 e-commerce forecast, joining other online giants struggling to gauge a...
2020-10-05
Nikkei Asia
Profile of Singapore-based Sea Limited, an operator of online gaming, commerce, and financial services, whose market cap has quadrupled in 2020 to over $70B
and fiercer competition with local “superapps.” https://asia.nikkei.com/... Ruri Imahashi / @imaruritokyo : Sea's CEO Li suggested Sea's high valuation is due to its mix of gaming, commerce and financ...
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