[Sea Limited (SE US, SELL, TP US$134) Rating Change]: Three Has Been a Charm…DG to SELL
SEA exceeded expectations in Q1 2025 but faces risks in e-commerce business, leading to a downgrade to SELL despite higher price target.
351 Views
Shopee Enters a New Era of Slower GMV Growth and Higher Fees for Sellers
Shopee, Southeast Asia’s largest e-commerce player, has been on a strict financial diet to reach profitability in the last year. That’s been...
1.1k Views
Sea Will Release Its Q4 2023 Earnings Report Soon
Shopee - Sea’s largest business unit and Southeast Asia’s largest e-commerce platform - has reported negative EBITDA for most of the 8 or so since...
1.8k Views
Pine Labs Pre-IPO - The Negatives - ...some Segments Slowing, Lots Unexplained
Pine Labs is looking to raise up to US$1bn in its upcoming India IPO. In this note, we talk about the not-so-positive aspects of the deal.
327 Views
Sea (SE US): Strong 3Q, Upbeat Management Talk Fires up the Stock
Stock was up 14.5% on strong 3Q results. Key takeaways from Mgt call. Sea's mgt expects high growth and profitability across business segments to...
379 Views