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Garena
Digital Economy
Gaming billionaire Li's wealth plunge accelerates to US$10 billion after Tencent sale
Forrest Li is now Singapore's third-richest person
January 05, 2022
Results
Sea announces revenue surge, raises guidance but retains a net loss in 2Q2021
Sea, which owns Garena and Shopee, reported a revenue surge in 2Q2021, but retained a net loss of US$393.5 million
August 17, 2021
Broker's Calls
CGS-CIMB believes Sea Limited will have a 'strong start to the year' ahead of 1Q21 results
CGS-CIMB forecasts Sea Limited to report 1QFY21 ebitda of US$185 mil.
May 11, 2021
Broker's Calls
Smooth sailing ahead for Sea as gaming and e-commerce arms experience strong 4Q20
CGS-CIMB analysts are positive on SEA after a strong 4Q2020, mainly due to Garena and Shopee
March 10, 2021
Results
Sea Limited goes deeper into the red with FY20 net loss of US$1.62 bil despite 101.1% surge in total revenue
On a fully diluted basis, loss per share for the FY2020 and 4QFY2020 came in at US$2.78 and 87 US cents respectively.
March 02, 2021
Broker's Calls
Is Sea Group's peak growth over, asks DBS
DBS Group Research has downgraded its call on technology firm Sea Group from “buy” to “hold”, at a revised target price of US$233.
January 15, 2021
Broker's Calls
Sea gets a 'buy' from DBS, despite net loss of US$420.6 million in 3Q2020
DBS is maintaining its ‘buy’ call on technology firm Sea Group, at a revised target price of US$204 ($274.70).
November 19, 2020
Broker's Calls
Sea ups the ante with stronger-than-expected 3Q20 results: CGS-CIMB
For Garena, CGS-CIMB forecasts its revenue bookings to grow 100% y-o-y in 4QFY2020 to US$953 million.
November 18, 2020
Results
Sea Group reports net loss of US$425.6 million in 3Q2020 despite stronger performance of digital entertainment and e-commerce segments
Sea Group is is raising guidance for both digital entertainment and e-commerce for FY2020
November 17, 2020
Startups, Entrepreneurs, Digital economy
Sea is in troubled waters
With a stock price that is 30x FY2019 revenue, is Sea, the creator of Free Fire mobile game, nothing but a one-trick pony?
October 09, 2020