Sea Ltd (SE) Benefits from Blazing Gaming Growth [Yahoo! Finance News]
Sea Limited American Depositary Shares, each representing one Class A Ordinary Share (SE)
Last sea limited american depositary shares, each representing one class a ordinary share earnings: 3/3 06:30 am
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Source: Yahoo! Finance News
Tao Value recently released its Q2 2020 Investor Letter, a copy of which you candownload hereIn the said letter, Tao Value highlighted a few stocks and Sea Ltd (NYSE:"Sea Ltd (ticker: SE) released another strong results for 20 Q1 in May. Gaming business revenue grew by 31%, with healthy active user growth of 48%. E-Commerce business booked 74% y-o-y increase in GMV, yet on a slightly low take rate of 5.1% (compared to 6.3% of 19 Q4) possibly due to relief measures to merchant amid the pandemic. Helped by the acceleration of digital transformation benefiting SE’s all 3 businesses and the overwhelming liquidity injected by government, SE advanced 145% over the quarter."adolescent, boy, boys, child, childhood, children, computer, computers, display, education, educational, elementary, email, focus, game, games, gaming, home, internet, keyboard, kid, kids, lcd, learning, monitor, one, people, person, personal, play, player, playing, reading, room, schoolboy, schoolchild, schoolkid, shallo
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- Sea Limited (NYSE: SE) was upgraded by analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating. They now have a $70.00 price target on the stock, up previously from $65.00.MarketBeat
- Sea Limited (NYSE: SE) was upgraded by analysts at Bank of America Co. from a "neutral" rating to a "buy" rating. They now have a $70.00 price target on the stock, up previously from $62.00.MarketBeat
SE
Earnings
- 3/4/24 - Beat