Sea

CGS-CIMB ups Sea Limited's target price on sustained growth - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB ups Sea Limited's target price on sustained growth

Shares in Sea Limited closed US$167.42 on Oct 7.

Company in the news

SEA Ltd gains another 9% after doubling revenue

Sea’s total revenue rose to US$882 million ($1.20 billion) in the three months ended June, driven by growth at e-commerce platform Shopee and gaming arm Garena.

Finance

How Singapore nurtured foreign trio who became billionaires

David Chen left his native China as a teenager to attend school in Singapore. Little did he know that his adopted city would help him reach the ranks of the ultra-rich.

US stocks

The world's hottest stock is a money-losing tech giant soaring 880%

It gets far less attention than Tesla, the FAANGs or even the Robinhood flavour of the week. Yet Sea Ltd. has quietly become the world’s best-performing large-cap stock.
DBS and Sea: Two ends of a barbell?

In print this week

DBS and Sea: Two ends of a barbell?

Sea offers growth potential in Fintech while DBS offers yield and stability
At $65.5 bil, loss-making Sea overtakes DBS in market value | The Edge Singapore

Capital markets

At $65.5 bil, loss-making Sea overtakes DBS in market value

Sea vs DBS reflects the difference in how investors value tech companies versus traditional mainstays.

Fintech

Sea, another Temasek-linked company, joins digital bank licence bid

Sea Limited, which started as an online gaming company, is going solo in its bid for a digital full bank license here in Singapore, targeting millennials and SMEs.The bid by the New York-listed company, marks the entry of yet another bidder which counts

Startups, Entrepreneurs, Digital economy

Mobile games make 39-year-old Singapore's latest billionaire

(Nov 29): Singapore’s newest billionaire is a former government employee who rode mobile sensation Free Fire into the ranks of the ultra-wealthy this week.

Sea raises US$575 mil in convertible notes offering

SINGAPORE (June 19): Sea has completed its previously announced offering of US$575 million ($777 million) aggregate principal amount of 2.25% convertible senior notes due 2023.

Results

Sea mulls raising funds for e-commerce as quarterly loss triples

(May 16): Sea, operator of Southeast Asia’s biggest gaming platform, said it may raise funds to strengthen its balance sheet after its quarterly loss tripled on rising investments at mobile-shopping unit Shopee.
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