
Shopee
Broker's Calls
Contrary to popular perception, Shopee is highly undervalued: DBS
DBS Group Research analyst Sachin Mittal has maintained his ‘buy’ rating on Sea Limited with an unchanged target price of US$330 ($442.23), citing a strong e-commerce outlook and continue
April 07, 2021
Broker's Calls
Smooth sailing ahead for Sea as gaming and e-commerce arms experience strong 4Q20
CGS-CIMB Research analysts Ong Kang Chuen and Darren Ong have maintained their “buy” rating and target price of US$315 ($424.1
March 10, 2021
Disruption and Digitalisation
E-commerce platforms like Shopee gain traction amid global push towards digitalisation
The digitalisation wave and push towards online shopping in 2020 has helped widen the reach and patronage of the likes of Shopee.
March 04, 2021
Results
Sea Limited goes deeper into the red with FY20 net loss of US$1.62 bil despite 101.1% surge in total revenue
Sea Limited has reported a net loss of US$1.62 billion ($2.16 billion) for the FY2020 ended December, 11.4% higher than the net loss of US$1.46 billion for the FY2019.
March 02, 2021
Budget 2021

GST to be imposed on imported low-value goods, B2C imported non-digital services from 2023
Online shoppers here may soon find that their purchases from e-commerce sites like Amazon, Taobao, Shopee and Lazada could become more expensive as Singapore slaps the Goods and Services Tax (GST)
February 16, 2021
Broker's Calls
Is Sea Group's peak growth over, asks DBS
DBS Group Research has downgraded its call on technology firm Sea Group from “buy” to “hold”, at a revised target price of US$233 ($308.97).
January 15, 2021
Broker's Calls

Sea gets a 'buy' from DBS, despite net loss of US$420.6 million in 3Q2020
DBS Group Research is maintaining its ‘buy’ call on technology firm Sea, at a revised target price of US$204 ($274.70).
November 19, 2020
Broker's Calls

Sea ups the ante with stronger-than-expected 3Q20 results: CGS-CIMB
Internet platform provider Sea’s 3QFY2020 results came in above expectations with strong revenue growth at 99% y-o-y, say CGS-CIMB analysts Ong Khang Chuen and Darren Ong.
November 18, 2020
Results

Sea Group reports net loss of US$425.6 million in 3Q2020 despite stronger performance of digital entertainment and e-commerce segments
Technology firm Sea Group – which owns e-commerce platform Shopee and game developer Garena – logged net losses of US$425.6 million ($571.90 million) in 3QFY2020 ended Sep 30, up 106.3% from the US
November 17, 2020
Disruption and Digitalisation

CapitaLand and Shopee to boost retail digitalization strategies
Mall operator CapitaLand and ecommerce platform Shopee are joining hands to help accelerate the digitalization of Singapore retailers, and thereby emerge stronger from the Covid-19 crisis.
October 26, 2020