shoyoo
2023-05-16
$Sea Ltd(SE)$ 

A few interesting things to note.

1) Sea group is posting its first ever quarterly profits in the 14year history

2) Net income is still positive despite prior goodwill acquisition

3) GAAP revenue rose by 36.3% 

4) Digital finance is the best pillar accounting for 75% increase in adjusted ebitda 

Digital finance will keep growing given that they have recently won the malaysian banking license as well! 

Will Sea continue to go up as TikTok shuts shop?
Sea Limited continued to jump 6% yesterday after the Indonesia's government ban. Social media app TikTok is suspending its online shopping service in Indonesia to comply with new rules. ---------------------- Do you think Sea will continue to rally or not? What's your target price for Sea?
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