Shopee

Broker's Calls

SEA rises strongly on Covid-19 tide though profits remain elusive

Tech stocks continue to profit from Covid-19 lockdown measures, as SEA Ltd reported strong adjusted revenue growth of 93.4% y-o-y and 40.8% q-o-q.

Broker's Calls

Ride the new economy wave with SEA, says CGS-CIMB

With Southeast Asia rapidly treading down the path of digital transformation, CGS-CIMB analysts Ngoh Yi Sin and Darren Ong believe that technology firm SEA group is the best vehicle with which inve

FINANCE

How Singapore nurtured foreign trio who became billionaires

David Chen left his native China as a teenager to attend school in Singapore. Little did he know that his adopted city would help him reach the ranks of the ultra-rich.

DBS and Sea: Two ends of a barbell?

In print this week

DBS and Sea: Two ends of a barbell?

SINGAPORE (July 9): On May 21, the market value of New York-listed consumer Internet company and aspiring digital bank Sea overtook that of traditional bank DBS Group Holdings, which has been calli

At $65.5 bil, loss-making Sea overtakes DBS in market value | The Edge Singapore

Capital markets

At $65.5 bil, loss-making Sea overtakes DBS in market value

SINGAPORE (June 19): Back in November 2017, DBS Group Holdings overtook Singapore Telecommunications’ long-held position as the most valuable publicly-traded homegrown company.

IPO

Will a mattress IPO raise Asian e-commerce from its slumber?

SINGAPORE (Jan 31): The sleepy US IPO market could be woken up by an online mattress company. Casper, a pioneer in online mattress sales, is the first major IPO in 2020.

Company in the news

Sea rolls with Garena’s gaming business but e-commerce unit Shopee remains in the red

(Sept 16): When Shopee was launched four years ago, the event was held at a second-floor café with about 30 people attending.

Company in the news

Angry K-Pop fans spur probe into Sea

(June 7): The Philippines has begun an investigation into Sea Ltd. online mall Shopee after fans of K-pop girl group BlackPink complained it mishandled promotions around a meet-and-greet event.

Results

Sea loss widens on investment in Shopee e-commerce platform

(Aug 22): Sea Ltd., operator of Southeast Asia’s biggest gaming platform, posted a wider quarterly loss as it invests in building up e-commerce platform Shopee.

Sea raises US$575 mil in convertible notes offering

SINGAPORE (June 19): Sea has completed its previously announced offering of US$575 million ($777 million) aggregate principal amount of 2.25% convertible senior notes due 2023.

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