Sea

Banking & finance

Grab, Sea push Singapore to lift digital banks' deposit cap

Time is also ticking for these digibanks owned by non-financial firms to boost scale

Broker's Calls

Sea's rapid improvement in cost structure should lead to positive FY2023 net profit, analysts maintain 'buy'

Sea’s share price may weaken in the near term in view of the lower q-o-q earnings in 1QFY2023.
Sea could see further margin improvement, CGS-CIMB keeps ‘add’ - THE EDGE SINGAPORE

Broker's Calls

Sea could see further margin improvement, CGS-CIMB keeps 'add'

The analysts have lifted Sea’s FY2023-FY2024 EPS by 1.3%-25.6% on higher e-commerce margin assumptions.

Digital Economy

Southeast Asia's unicorns need to spin a new yarn

At the very least, start-ups must see a clear path to profit because market size alone is no longer a compelling tale
Tech will be like an oasis in the desert - THE EDGE SINGAPORE

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
Sea reports first profit after e-commerce holds up - THE EDGE SINGAPORE

Results

Sea reports first profit after e-commerce holds up

Sea cut US$700 million from its quarterly sales and marketing expenses.

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.
Sea’s share price to remain volatile near term on slower topline growth in FY2023: CGS-CIMB - THE EDGE SINGAPORE

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

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.
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