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Sea
Digital Economy
Tech will be like an oasis in the desert
The prospects of tech stocks amid the wider market woes are akin to an oasis in a desert
March 30, 2023
Results
Sea reports first profit after e-commerce holds up
Sea cut US$700 million from its quarterly sales and marketing expenses.
March 07, 2023
Broker's Calls
DBS downgrades Grab to 'fully valued', highlights TikTok’s potential threat to Asean internet companies
Southeast Asia is projected to be TikTok Shop’s most promising region, led by Indonesia.
January 30, 2023
Broker's Calls
Sea’s share price to remain volatile near term on slower topline growth in FY2023: CGS-CIMB
The analyst forecast Sea to achieve adjusted ebitda breakeven by 2QFY2023
January 13, 2023
Broker's Calls
UOBKH initiates 'hold' on Sea with TP of US$58.77
The analysts remain doubtful that the Sea's cost rationalising exercise could continue to improve profitability.
December 14, 2022
Broker's Calls
DBS prefers Sea over Grab in its Asean internet coverage
In the near term, DBS expects Sea’s share price to rise towards US$75 before marching towards its 12-month target of US$100.
November 25, 2022
Digital Economy
Indonesia's GoTo joins global tech cuts in slashing 1,300 jobs
GoTo says “it must accelerate its progress towards becoming a truly sustainable and financially independent business"
November 18, 2022
Digital Economy
Sea to fire 3% of Shopee Indonesia staff as layoffs start
Sea’s Shopee division, in particular, has pulled back from major markets in Europe and Latin America
September 19, 2022
Digital Economy
Sea cuts jobs in gaming arm in second downsizing wave
Sea expects gaming unit Garena to post its first decline in bookings this year
September 02, 2022
Global Markets
Nio beginnings: Blue skies via the Little Red Dot
Given how markets are pricing growth today, it is the right part of the cycle for this next reinvention of the market to take off
June 09, 2022