bearish

Sea

Sea Ltd: Facing an Uphill Battle for Sustainable Profits

753 Views15 May 2023 18:50
Shopee's profitability is at risk without sustained revenue growth. If the cost-cutting strategy persists, losses are expected by 3Q23 or possibly sooner with a strategy shift.
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Oshadhi Kumarasiri
Equity Analyst
LightStream Research
JapanEquity Bottom-UpEquity Capital Markets
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