$Sea Ltd(SE)$
However, one must be aware that this decrease in losses is lesser due to growth in revenue, and more to do with a $Sea Ltd(SE)$ tightening it's belt and reducing it's cost. Without organic growth, it is going to be harder and harder down the line to sustain it's march towards profitability.
A yearly significant event for $Sea Ltd(SE)$ would be the Single's day sale held on 11 Nov, whereby e-commerce companies hold a sale of what is said to be the "lowest prices of the year". However, initial reports this year has seen lacklustre consumer spending this year, as consumers get more weary of the rising cost of living, and cut down on discretionary spending. Instead, consumers seem to be using this year's sale as a platform to stock up on necessities, which might spell trouble for the months ahead. It this remains to be seen if $Sea Ltd(SE)$ can navigate through the unchartered waters of a high interest rate, yet slowing economy that we might be going into for 2024.
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