Sea's market decline hits US$132 billion as gaming arm faces decline
The company is trying to reassure investors after losing half its market value in a matter of months. . Read more at straitstimes.com.
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The company is trying to reassure investors after losing half its market value in a matter of months. . Read more at straitstimes.com.
Sea Ltd's Shopee took just two years to become Brazil's most-downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach to e-commerce: in-app mini-games... | August 30, 2021
Sea Ltd’s Shopee took just two years to become Brazil’s most-downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach…
Shopee ranked first in the shopping category in Southeast Asia and Taiwan by average monthly active users and total time spent in app among Android users for the first quarter, Sea said, citing App Annie. SINGAPORE: SEA Ltd., Southeast Asia’s most valuable company, more than doubled revenue in the first quarter, though losses swelled as it spent to ward off competition in the regional e-commerce and online entertainment arenas. Sales rose to $1.76 billion in the three months ended March from $714.9 million a year earlier, the Singapore-based company said in a statement on Tuesday. Net loss ...
Operator Good morning and good evening. Welcome to the Sea Limited fourth-quarter and full-year 2020 results conference call. [Operator instructions] After today's presentation, there will be an opportunity to ask questions. Please note, this event is being recorded. I would now like to turn the conference over to Ms. Minju Song. Please go ahead. Minju Song -- Senior Manager and Group Chief Corporate Officer Hello, everyone, and welcome to Sea's 2020 fourth-quarter and full-year earnings conference call. I am Minju Song from Sea's group chief corporate officer's office. Before we continue, I...