Sea Ltd. (NYSE: SE) has reported its second consecutive year of positive net income, posting a net profit of $447.8 million. Meanwhile, its e-commerce platform, Shopee, surpassed $100 billion in gross merchandise value (GMV), further solidifying its dominance in the region. Financial Strength and Market Position Sea Ltd. has established itself as a financially strong company, demonstrating resilience and growth despite economic uncertainties. Over the years, it has shown a track record of robust financial performance, driven by its three key business segments: E-commerce (Shopee): A leading online shopping platform in Southeast Asia and Latin America. Gaming (Garena): Known for hit games like Free Fire, which has been a major revenue generator. Fintech (SeaMoney): A growing digital payment
Sea Core Businesses on Fire: Hold Tight Till $200?
The stock jumped 6% after Sea reported net income of $410.8 million for the first quarter through March, compared with a year-earlier loss. The company is performing well against rivals TikTok and Lazada. ----------------- After earnings beat, can Sea continue its uptrend till $200? How do you view Shoppee's strong trend againts Lazada and TikTok?
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