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DBS Group Research has downgraded its call on technology firm Sea Group from “buy” to “hold”, at a revised target price of US$233.

DBS is maintaining its ‘buy’ call on technology firm Sea Group, at a revised target price of US$204 ($274.70).

For Garena, CGS-CIMB forecasts its revenue bookings to grow 100% y-o-y in 4QFY2020 to US$953 million.

Sea Group is is raising guidance for both digital entertainment and e-commerce for FY2020

The alliance will help Singapore retailers digitalise, diversify their revenue streams and address consumer preferences.

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

The programme will benefit 500 Singaporeans comprising 400 entry-level and 100 mid-career jobseekers.

Protégé Ventures has been a breeding ground for new recruits to be fed into the growing VC and start-up ecosystem.

Tech stocks continue to profit from Covid-19 lockdown measures, as SEA Ltd reported strong adjusted revenue growth of 93.4% y-o-y and 40.8% q-o-q. Despite still forecasting a net loss of  US$1.418 billion ($1.94 billion) in December 2020, CGS-CIMB analys

The Covid-19 pandemic will help drive SEA Group's digital economy businesses.