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Sea fell about 7% in morning trading Monday

Tiger Newspress2021-05-10

(May 10) Sea fell about 7% in morning trading Monday.

Sea says it has both the largest digital entertainment platform and the largest e-commerce operation in the Southeast Asia region, comprised of Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia and Singapore. Its market reach extends to Latin America.

Many Americans aren't familiar with Sea Limited But if you live in Southeast Asia or Latin America, chances are you're a fan of the company'sFree Firemobile game. It's the highest-grossing mobile game in the fast-growing regions.

Sea Limited is agaming stock with a killer advantage. Free Fire doesn't cost anything to download. However, players pay to buy additional weapons or enhance their characters. That personal investment makes them more likely to keep playing. And it generated over $2 billion in revenue for Sea Limited last year.

The stock ranks as the No. 10 holding in Wood's ARK Next Generation Internet ETF and is No. 18 in her flagship ARK Innovation ETF. But Sea Limited isn't just an internet gaming stock; it's also a fast-growingfintech stock. It claims the No. 2 spot in the ARK Fintech Innovation ETF.

Sea Limited's e-commerce revenue more than doubled in 2020. The company's Shopee platform is the largest e-commerce site in Indonesia. Thanks to Shopee's success, the SeaMoney digital wallet is gaining momentum in Southeast Asia.

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.

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Comment37

  • Miracle156
    ·2021-05-12
    Same here
    Reply
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  • Chris1368
    ·2021-05-11
    Monday colour = Red , what is Tuesday colour? Will it be 'green' ?
    Reply
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  • MarcO
    ·2021-05-11
    All markets are dipping. Pls comment and like
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    • Acella
      ?
      2021-05-11
      Reply
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  • HMian
    ·2021-05-11
    Shld buy low if able to
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    • ShuJie
      Yes buy when low and hold
      2021-05-12
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    • MarcO
      true

      pls like and comment

      2021-05-11
      Reply
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  • tungngie
    ·2021-05-11
    Ouch. Hehe. I average down during pre market. Aiks. No mention of why it drops 7% ah.
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  • Klord
    ·2021-05-11
    Ouchhhhh
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  • InvestKaki
    ·2021-05-11
    Drop more please so i can average down
    Reply
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  • Zacong
    ·2021-05-11
    Thats great news
    Reply
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  • FlyMeToMoon
    ·2021-05-11
    Everything is too red ?
    Reply
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  • SP1980
    ·2021-05-11
    Yes.. drop for me to buy
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  • GRNSquirrel
    ·2021-05-11
    Gaming, eComm, fintech. What's not to like except the insanely high price 
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    • andrew123
      yup wat price is the right price to buy?
      2021-05-11
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  • ICEsh00ter
    ·2021-05-11
    wow
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  • JackieZHD
    ·2021-05-11
    Test
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  • SaveHK
    ·2021-05-11
    Buy low Sell high time?
    Reply
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    • KLHuat
      Drop to Usd 180 again?
      2021-05-11
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  • Khairul0802
    ·2021-05-11
    Okkkk
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  • atf_nato
    ·2021-05-11
    Painful [OMG] 
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  • Guotiao
    ·2021-05-11
    Still expensive for me to buy lol [回頭] 
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  • Yannick
    ·2021-05-10
    Sea will win.
    Reply
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  • Mozu
    ·2021-05-10
    Load up the shares 
    Reply
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  • carrotman
    ·2021-05-10
    I am keen too.
    Reply
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