zippyloo
2023-08-28

$Sea Ltd(SE)$ Next core question, when will Sea's games recover? The answer is no. To split game revenue and revenue, in the left image, we found that Free Fire (a chicken eating game in Southeast Asia) accounts for almost the majority of Sea Company's revenue. I haven't seen any other powerful games in the past two years. In 2022, there were various negative factors, such as the ban of Free Fire in India, aesthetic fatigue, and so on. The flow and revenue have been declining, with a quarter last year of $1 billion, halving to $500 million. The latest quarter also did not show a month on month recovery.

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Comments

  • Adrian_sunn
    2023-08-29
    Adrian_sunn
    When the next big game comes like LOL. but ur post is way too biased
  • tr92
    2023-08-29
    tr92
    games only make up 20% of sea's revenue
  • riserr
    2023-08-29
    riserr
    time to chip in, going up soon
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