Shopee

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

CGS-CIMB Research analysts Ong Kang Chuen and Darren Ong have maintained their “buy” rating and target price of US$315 ($424.1

The digitalisation wave and push towards online shopping in 2020 has helped widen the reach and patronage of the likes of Shopee.

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.

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)

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).

DBS Group Research is maintaining its ‘buy’ call on technology firm Sea, at a revised target price of US$204 ($274.70).

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.

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

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.