It’s been a good year for Sea Limited. The company overtook DBS Limited as the most valuable publicly-traded Singapore-grown company on May 21, with a valuation of $51.42 billion versus DBS’s $49.38 billion.

On August 6, Sea gained recognition as ‘the world’s hottest stock’ as it became the best-performing large-cap stock globally.

On August 19, shares in the company jumped a further 9% following a surge in revenue. Sea Limited achieved an earlier-than-expected adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) breakeven in 2Q20 on the back of a sharp rise in a profitable gaming business.

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