Shopee's Drive for Profitability Looks Impressive -- Market Talk

Dow Jones2023-03-08

0421 GMT - Sea Ltd.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts say in a research report, raising the American Depositary Receipt's target price to US$72.00 from US$65.00 with an unchanged hold rating. Its Shopee e-commerce platform's adjusted Ebitda turned positive in 4Q for the first time, with Daiwa's analysts surprised by Shopee's strong efforts to cut losses. The Singapore-based consumer internet company's digital financial services Ebitda also turned positive for the first time, with management mentioning on its earnings call that the key performance indicator for this business is to improve the quality of the loan book and profitability, the analysts say. Sea Ltd.'s ADRs closed 22% higher at US$80.06 on Tuesday. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

March 07, 2023 23:21 ET (04:21 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

虎威将
2023-03-08
虎威将
K

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2317422185?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-03-08 12:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2317422185","market":"hk","top_or_hot":-1,"title":"Shopee's Drive for Profitability Looks Impressive -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0421 GMT - <a href=\"https://laohu8.com/S/SE\">Sea Ltd</a>.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts say in a research report, raising the American Depositary Receipt's target price to US$72.00 from US$65.00 with an unchanged hold rating. Its Shopee e-commerce platform's adjusted Ebitda turned positive in 4Q for the first time, with Daiwa's analysts surprised by Shopee's strong efforts to cut losses. The Singapore-based consumer internet company's digital financial services Ebitda also turned positive for the first time, with management mentioning on its earnings call that the key performance indicator for this business is to improve the quality of the loan book and profitability, the analysts say. Sea Ltd.'s ADRs closed 22% higher at US$80.06 on Tuesday. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 07, 2023 23:21 ET (04:21 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shopee's Drive for Profitability Looks Impressive -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShopee's Drive for Profitability Looks Impressive -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-08 12:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0421 GMT - Sea Ltd.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts say in a research report, raising the American Depositary Receipt's target price to US$72.00 from US...</p>\n\n<a href=\"http://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4554","symbol_name":"元宇宙及AR概念","start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2317422185","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2317422185","pubTimestamp":1678249260,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0421 GMT - Sea Ltd.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4554":"元宇宙及AR概念","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","BK4585":"ETF&股票定投概念","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","LU0251143029.SGD":"Fidelity ASEAN A-SGD","BK4566":"资本集团","LU0048573645.USD":"富达东盟基金","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","BK4085":"互动家庭娱乐","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","BK4588":"碎股","BK4503":"景林资产持仓","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","BK4551":"寇图资本持仓","SG9999002406.SGD":"利安新加坡信托基金","BK4535":"淡马锡持仓","BK4581":"高盛持仓","SG9999002620.SGD":"LionGlobal South East Asia SGD","SE":"Sea Ltd","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","BK4548":"巴美列捷福持仓","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","SG9999013478.USD":"利安新加坡股息基金"},"translate_title":"Shopee对盈利能力的追求令人印象深刻——市场对话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SE":1},"content_text":"0421 GMT - Sea Ltd.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts say in a research report, raising the American Depositary Receipt's target price to US$72.00 from US$65.00 with an unchanged hold rating. Its Shopee e-commerce platform's adjusted Ebitda turned positive in 4Q for the first time, with Daiwa's analysts surprised by Shopee's strong efforts to cut losses. The Singapore-based consumer internet company's digital financial services Ebitda also turned positive for the first time, with management mentioning on its earnings call that the key performance indicator for this business is to improve the quality of the loan book and profitability, the analysts say. Sea Ltd.'s ADRs closed 22% higher at US$80.06 on Tuesday. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 07, 2023 23:21 ET (04:21 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9949059489,"gmtCreate":1678253991641,"gmtModify":1678253995209,"author":{"id":"4089979733763570","authorId":"4089979733763570","name":"虎威将","avatar":"https://community-static.tradeup.com/news/d7db4e3c2b733027f14848f5358f8113","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4089979733763570","authorIdStr":"4089979733763570"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949059489","repostId":2317422185,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2317422185"}