Sea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates

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Sea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates

Bloomberg03-04

Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth ...

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Ken3888
·03-04
Hopeless , earning not good drop, earning beats estimates also drop, really si
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Ken3888
·03-04
The stupid earning doesn't help much, it continues to drop
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Ken3888
·03-04
Really shit!!! Damn fast all the gain been wipe out!!!
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Ah Huat Kopi
·03-04
Nice
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LSLi
·03-04
Wow
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}\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\">\nSea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-04 22:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia\">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":"SE","symbol_name":"Sea Ltd","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia","article_id":"1183424432","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1183424432","pubTimestamp":1709562863,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Sea Limited shares jumped over 14% in pre-market trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SE":"Sea Ltd"},"translate_title":"Sea Limited股价飙升12%，调整后利润和销售额超过预期","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SE":1.1},"content_text":"Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter through December. While that’s a decline of 74% from a year earlier — a result of marketing spending — it’s still higher than the $88 million analysts predicted. Sales also topped estimates.The results might alleviate some concerns about the slowing growth of online retail arm Shopee, which is trying to fend off rivals such as ByteDance’s TikTok and Alibaba Group Holding Ltd.’s Lazada, and even newer entrants like PDD Holdings Inc.’s Temu. In December, TikTok restarted its hit shopping app in Indonesia after signing a pact with GoTo Group’s e-commerce unit Tokopedia, creating a partnership that threatens Shopee’s dominance.Sales rose 4.8% to $3.6 billion, versus the average estimate of $3.5 billion, with e-commerce revenue gaining 23%. While significantly lower than growth rates a few years ago, the results show Shopee is still attracting buyers as online shopping gains popularity in the region of more than 650 million people.E-commerce gross merchandise volume, or the value of goods sold, will increase in the “high teens” this year, Sea predicted. Ebitda at the e-commerce business is set to turn positive in the second half, the company said.To cope with the intense competition, Sea Chief Executive Officer Forrest Li said in August he intends to ramp up investments into Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.Since then, investors have been looking for clues on whether there will still be a strong upside for growth for Sea, who might have to sacrifice margins to stave off a charge from deep-pocketed competitors TikTok and Temu.“We could see an inflection point in coming months if Shopee successfully maintains its leading position via diligent spending while delivering a gradually improving monetization rate with narrowing Ebitda loss,” Alicia Yap, an analyst at Citigroup, said ahead of the results.In 2022, Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed in the preceding years. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.Sea’s other big business, the gaming arm Garena, has shrunk rapidly in 2023 without a new blockbuster hit. The division’s fourth-quarter revenue fell 46.2% to $510.8 million.What Bloomberg Intelligence Says:Sea’s re-acceleration of investments in Southeast Asian e-commerce seems necessary to defend its market share against encroachment from TikTok Shop and Pinduoduo’s Temu. This should kick sales growth back into high gear after a deliberate slowdown to achieve breakeven, but will likely pressure profit, particularly as digital banks ramp up. -Nathan Naidu, analyst","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":280746356256768,"gmtCreate":1709566705844,"gmtModify":1709566709677,"author":{"id":"3581507312795318","authorId":"3581507312795318","name":"Ken3888","avatar":"https://static.tigerbbs.com/493a96d6ecc5aa191181e04cc37afca5","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Hopeless , earning not good drop, earning beats estimates also drop, really si","listText":"Hopeless , earning not good drop, earning beats estimates also drop, really si","text":"Hopeless , earning not good drop, earning beats estimates also drop, really si","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/280746356256768","repostId":1183424432,"repostType":4,"repost":{"id":"1183424432","pubTimestamp":1709562863,"share":"https://www.laohu8.com/m/news/1183424432?lang=&edition=full","pubTime":"2024-03-04 22:34","market":"us","language":"en","title":"Sea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1183424432","media":"Bloomberg","summary":"Sea Limited shares jumped over 14% in pre-market trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the","content":"<html><head></head><body><p>Sea Limited shares jumped 12% in morning trading.</p><p>Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter through December. While that’s a decline of 74% from a year earlier — a result of marketing spending — it’s still higher than the $88 million analysts predicted. Sales also topped estimates.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36ae0bf7f7c9b72c82e1ca0357197c90\" tg-width=\"796\" tg-height=\"621\"/></p><p>The results might alleviate some concerns about the slowing growth of online retail arm Shopee, which is trying to fend off rivals such as ByteDance’s TikTok and Alibaba Group Holding Ltd.’s Lazada, and even newer entrants like PDD Holdings Inc.’s Temu. In December, TikTok restarted its hit shopping app in Indonesia after signing a pact with GoTo Group’s e-commerce unit Tokopedia, creating a partnership that threatens Shopee’s dominance.</p><p>Sales rose 4.8% to $3.6 billion, versus the average estimate of $3.5 billion, with e-commerce revenue gaining 23%. While significantly lower than growth rates a few years ago, the results show Shopee is still attracting buyers as online shopping gains popularity in the region of more than 650 million people.</p><p>E-commerce gross merchandise volume, or the value of goods sold, will increase in the “high teens” this year, Sea predicted. Ebitda at the e-commerce business is set to turn positive in the second half, the company said.</p><p>To cope with the intense competition, Sea Chief Executive Officer Forrest Li said in August he intends to ramp up investments into Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.</p><p>Since then, investors have been looking for clues on whether there will still be a strong upside for growth for Sea, who might have to sacrifice margins to stave off a charge from deep-pocketed competitors TikTok and Temu.</p><p>“We could see an inflection point in coming months if Shopee successfully maintains its leading position via diligent spending while delivering a gradually improving monetization rate with narrowing Ebitda loss,” Alicia Yap, an analyst at Citigroup, said ahead of the results.</p><p style=\"text-align: start;\">In 2022, Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed in the preceding years. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.</p><p style=\"text-align: start;\">Sea’s other big business, the gaming arm Garena, has shrunk rapidly in 2023 without a new blockbuster hit. The division’s fourth-quarter revenue fell 46.2% to $510.8 million.</p><blockquote><h3 id=\"id_1764038134\">What Bloomberg Intelligence Says:</h3><p>Sea’s re-acceleration of investments in Southeast Asian e-commerce seems necessary to defend its market share against encroachment from TikTok Shop and Pinduoduo’s Temu. This should kick sales growth back into high gear after a deliberate slowdown to achieve breakeven, but will likely pressure profit, particularly as digital banks ramp up. -Nathan Naidu, analyst</p></blockquote><p></p></body></html>","source":"lsy1584095487587","collect":0,"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>Sea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates</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\">\nSea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-04 22:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183424432","content_text":"Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter through December. While that’s a decline of 74% from a year earlier — a result of marketing spending — it’s still higher than the $88 million analysts predicted. Sales also topped estimates.The results might alleviate some concerns about the slowing growth of online retail arm Shopee, which is trying to fend off rivals such as ByteDance’s TikTok and Alibaba Group Holding Ltd.’s Lazada, and even newer entrants like PDD Holdings Inc.’s Temu. In December, TikTok restarted its hit shopping app in Indonesia after signing a pact with GoTo Group’s e-commerce unit Tokopedia, creating a partnership that threatens Shopee’s dominance.Sales rose 4.8% to $3.6 billion, versus the average estimate of $3.5 billion, with e-commerce revenue gaining 23%. While significantly lower than growth rates a few years ago, the results show Shopee is still attracting buyers as online shopping gains popularity in the region of more than 650 million people.E-commerce gross merchandise volume, or the value of goods sold, will increase in the “high teens” this year, Sea predicted. Ebitda at the e-commerce business is set to turn positive in the second half, the company said.To cope with the intense competition, Sea Chief Executive Officer Forrest Li said in August he intends to ramp up investments into Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.Since then, investors have been looking for clues on whether there will still be a strong upside for growth for Sea, who might have to sacrifice margins to stave off a charge from deep-pocketed competitors TikTok and Temu.“We could see an inflection point in coming months if Shopee successfully maintains its leading position via diligent spending while delivering a gradually improving monetization rate with narrowing Ebitda loss,” Alicia Yap, an analyst at Citigroup, said ahead of the results.In 2022, Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed in the preceding years. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.Sea’s other big business, the gaming arm Garena, has shrunk rapidly in 2023 without a new blockbuster hit. The division’s fourth-quarter revenue fell 46.2% to $510.8 million.What Bloomberg Intelligence Says:Sea’s re-acceleration of investments in Southeast Asian e-commerce seems necessary to defend its market share against encroachment from TikTok Shop and Pinduoduo’s Temu. This should kick sales growth back into high gear after a deliberate slowdown to achieve breakeven, but will likely pressure profit, particularly as digital banks ramp up. -Nathan Naidu, analyst","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":280741878870264,"gmtCreate":1709565690837,"gmtModify":1709566297875,"author":{"id":"3581507312795318","authorId":"3581507312795318","name":"Ken3888","avatar":"https://static.tigerbbs.com/493a96d6ecc5aa191181e04cc37afca5","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"The stupid earning doesn't help much, it continues to drop","listText":"The stupid earning doesn't help much, it continues to drop","text":"The stupid earning doesn't help much, it continues to drop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/280741878870264","repostId":1183424432,"repostType":4,"repost":{"id":"1183424432","pubTimestamp":1709562863,"share":"https://www.laohu8.com/m/news/1183424432?lang=&edition=full","pubTime":"2024-03-04 22:34","market":"us","language":"en","title":"Sea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1183424432","media":"Bloomberg","summary":"Sea Limited shares jumped over 14% in pre-market trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the","content":"<html><head></head><body><p>Sea Limited shares jumped 12% in morning trading.</p><p>Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter through December. While that’s a decline of 74% from a year earlier — a result of marketing spending — it’s still higher than the $88 million analysts predicted. Sales also topped estimates.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36ae0bf7f7c9b72c82e1ca0357197c90\" tg-width=\"796\" tg-height=\"621\"/></p><p>The results might alleviate some concerns about the slowing growth of online retail arm Shopee, which is trying to fend off rivals such as ByteDance’s TikTok and Alibaba Group Holding Ltd.’s Lazada, and even newer entrants like PDD Holdings Inc.’s Temu. In December, TikTok restarted its hit shopping app in Indonesia after signing a pact with GoTo Group’s e-commerce unit Tokopedia, creating a partnership that threatens Shopee’s dominance.</p><p>Sales rose 4.8% to $3.6 billion, versus the average estimate of $3.5 billion, with e-commerce revenue gaining 23%. While significantly lower than growth rates a few years ago, the results show Shopee is still attracting buyers as online shopping gains popularity in the region of more than 650 million people.</p><p>E-commerce gross merchandise volume, or the value of goods sold, will increase in the “high teens” this year, Sea predicted. Ebitda at the e-commerce business is set to turn positive in the second half, the company said.</p><p>To cope with the intense competition, Sea Chief Executive Officer Forrest Li said in August he intends to ramp up investments into Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.</p><p>Since then, investors have been looking for clues on whether there will still be a strong upside for growth for Sea, who might have to sacrifice margins to stave off a charge from deep-pocketed competitors TikTok and Temu.</p><p>“We could see an inflection point in coming months if Shopee successfully maintains its leading position via diligent spending while delivering a gradually improving monetization rate with narrowing Ebitda loss,” Alicia Yap, an analyst at Citigroup, said ahead of the results.</p><p style=\"text-align: start;\">In 2022, Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed in the preceding years. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.</p><p style=\"text-align: start;\">Sea’s other big business, the gaming arm Garena, has shrunk rapidly in 2023 without a new blockbuster hit. The division’s fourth-quarter revenue fell 46.2% to $510.8 million.</p><blockquote><h3 id=\"id_1764038134\">What Bloomberg Intelligence Says:</h3><p>Sea’s re-acceleration of investments in Southeast Asian e-commerce seems necessary to defend its market share against encroachment from TikTok Shop and Pinduoduo’s Temu. This should kick sales growth back into high gear after a deliberate slowdown to achieve breakeven, but will likely pressure profit, particularly as digital banks ramp up. -Nathan Naidu, analyst</p></blockquote><p></p></body></html>","source":"lsy1584095487587","collect":0,"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>Sea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates</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\">\nSea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-04 22:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183424432","content_text":"Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter through December. While that’s a decline of 74% from a year earlier — a result of marketing spending — it’s still higher than the $88 million analysts predicted. Sales also topped estimates.The results might alleviate some concerns about the slowing growth of online retail arm Shopee, which is trying to fend off rivals such as ByteDance’s TikTok and Alibaba Group Holding Ltd.’s Lazada, and even newer entrants like PDD Holdings Inc.’s Temu. In December, TikTok restarted its hit shopping app in Indonesia after signing a pact with GoTo Group’s e-commerce unit Tokopedia, creating a partnership that threatens Shopee’s dominance.Sales rose 4.8% to $3.6 billion, versus the average estimate of $3.5 billion, with e-commerce revenue gaining 23%. While significantly lower than growth rates a few years ago, the results show Shopee is still attracting buyers as online shopping gains popularity in the region of more than 650 million people.E-commerce gross merchandise volume, or the value of goods sold, will increase in the “high teens” this year, Sea predicted. Ebitda at the e-commerce business is set to turn positive in the second half, the company said.To cope with the intense competition, Sea Chief Executive Officer Forrest Li said in August he intends to ramp up investments into Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.Since then, investors have been looking for clues on whether there will still be a strong upside for growth for Sea, who might have to sacrifice margins to stave off a charge from deep-pocketed competitors TikTok and Temu.“We could see an inflection point in coming months if Shopee successfully maintains its leading position via diligent spending while delivering a gradually improving monetization rate with narrowing Ebitda loss,” Alicia Yap, an analyst at Citigroup, said ahead of the results.In 2022, Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed in the preceding years. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.Sea’s other big business, the gaming arm Garena, has shrunk rapidly in 2023 without a new blockbuster hit. The division’s fourth-quarter revenue fell 46.2% to $510.8 million.What Bloomberg Intelligence Says:Sea’s re-acceleration of investments in Southeast Asian e-commerce seems necessary to defend its market share against encroachment from TikTok Shop and Pinduoduo’s Temu. This should kick sales growth back into high gear after a deliberate slowdown to achieve breakeven, but will likely pressure profit, particularly as digital banks ramp up. -Nathan Naidu, analyst","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":280740913848320,"gmtCreate":1709565377132,"gmtModify":1709565452536,"author":{"id":"3581507312795318","authorId":"3581507312795318","name":"Ken3888","avatar":"https://static.tigerbbs.com/493a96d6ecc5aa191181e04cc37afca5","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Really shit!!! Damn fast all the gain been wipe out!!!","listText":"Really shit!!! Damn fast all the gain been wipe out!!!","text":"Really shit!!! Damn fast all the gain been wipe out!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/280740913848320","repostId":1183424432,"repostType":4,"repost":{"id":"1183424432","pubTimestamp":1709562863,"share":"https://www.laohu8.com/m/news/1183424432?lang=&edition=full","pubTime":"2024-03-04 22:34","market":"us","language":"en","title":"Sea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1183424432","media":"Bloomberg","summary":"Sea Limited shares jumped over 14% in pre-market trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the","content":"<html><head></head><body><p>Sea Limited shares jumped 12% in morning trading.</p><p>Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter through December. While that’s a decline of 74% from a year earlier — a result of marketing spending — it’s still higher than the $88 million analysts predicted. Sales also topped estimates.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36ae0bf7f7c9b72c82e1ca0357197c90\" tg-width=\"796\" tg-height=\"621\"/></p><p>The results might alleviate some concerns about the slowing growth of online retail arm Shopee, which is trying to fend off rivals such as ByteDance’s TikTok and Alibaba Group Holding Ltd.’s Lazada, and even newer entrants like PDD Holdings Inc.’s Temu. In December, TikTok restarted its hit shopping app in Indonesia after signing a pact with GoTo Group’s e-commerce unit Tokopedia, creating a partnership that threatens Shopee’s dominance.</p><p>Sales rose 4.8% to $3.6 billion, versus the average estimate of $3.5 billion, with e-commerce revenue gaining 23%. While significantly lower than growth rates a few years ago, the results show Shopee is still attracting buyers as online shopping gains popularity in the region of more than 650 million people.</p><p>E-commerce gross merchandise volume, or the value of goods sold, will increase in the “high teens” this year, Sea predicted. Ebitda at the e-commerce business is set to turn positive in the second half, the company said.</p><p>To cope with the intense competition, Sea Chief Executive Officer Forrest Li said in August he intends to ramp up investments into Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.</p><p>Since then, investors have been looking for clues on whether there will still be a strong upside for growth for Sea, who might have to sacrifice margins to stave off a charge from deep-pocketed competitors TikTok and Temu.</p><p>“We could see an inflection point in coming months if Shopee successfully maintains its leading position via diligent spending while delivering a gradually improving monetization rate with narrowing Ebitda loss,” Alicia Yap, an analyst at Citigroup, said ahead of the results.</p><p style=\"text-align: start;\">In 2022, Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed in the preceding years. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.</p><p style=\"text-align: start;\">Sea’s other big business, the gaming arm Garena, has shrunk rapidly in 2023 without a new blockbuster hit. The division’s fourth-quarter revenue fell 46.2% to $510.8 million.</p><blockquote><h3 id=\"id_1764038134\">What Bloomberg Intelligence Says:</h3><p>Sea’s re-acceleration of investments in Southeast Asian e-commerce seems necessary to defend its market share against encroachment from TikTok Shop and Pinduoduo’s Temu. This should kick sales growth back into high gear after a deliberate slowdown to achieve breakeven, but will likely pressure profit, particularly as digital banks ramp up. -Nathan Naidu, analyst</p></blockquote><p></p></body></html>","source":"lsy1584095487587","collect":0,"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>Sea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates</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\">\nSea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-04 22:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183424432","content_text":"Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter through December. While that’s a decline of 74% from a year earlier — a result of marketing spending — it’s still higher than the $88 million analysts predicted. Sales also topped estimates.The results might alleviate some concerns about the slowing growth of online retail arm Shopee, which is trying to fend off rivals such as ByteDance’s TikTok and Alibaba Group Holding Ltd.’s Lazada, and even newer entrants like PDD Holdings Inc.’s Temu. In December, TikTok restarted its hit shopping app in Indonesia after signing a pact with GoTo Group’s e-commerce unit Tokopedia, creating a partnership that threatens Shopee’s dominance.Sales rose 4.8% to $3.6 billion, versus the average estimate of $3.5 billion, with e-commerce revenue gaining 23%. While significantly lower than growth rates a few years ago, the results show Shopee is still attracting buyers as online shopping gains popularity in the region of more than 650 million people.E-commerce gross merchandise volume, or the value of goods sold, will increase in the “high teens” this year, Sea predicted. Ebitda at the e-commerce business is set to turn positive in the second half, the company said.To cope with the intense competition, Sea Chief Executive Officer Forrest Li said in August he intends to ramp up investments into Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.Since then, investors have been looking for clues on whether there will still be a strong upside for growth for Sea, who might have to sacrifice margins to stave off a charge from deep-pocketed competitors TikTok and Temu.“We could see an inflection point in coming months if Shopee successfully maintains its leading position via diligent spending while delivering a gradually improving monetization rate with narrowing Ebitda loss,” Alicia Yap, an analyst at Citigroup, said ahead of the results.In 2022, Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed in the preceding years. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.Sea’s other big business, the gaming arm Garena, has shrunk rapidly in 2023 without a new blockbuster hit. The division’s fourth-quarter revenue fell 46.2% to $510.8 million.What Bloomberg Intelligence Says:Sea’s re-acceleration of investments in Southeast Asian e-commerce seems necessary to defend its market share against encroachment from TikTok Shop and Pinduoduo’s Temu. This should kick sales growth back into high gear after a deliberate slowdown to achieve breakeven, but will likely pressure profit, particularly as digital banks ramp up. -Nathan Naidu, analyst","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":280727631913032,"gmtCreate":1709562237531,"gmtModify":1709562239548,"author":{"id":"4165652984300592","authorId":"4165652984300592","name":"Ah Huat Kopi","avatar":"https://community-static.tradeup.com/news/6b9b31f0e0e8a8c4b3c5e9d2ad6ca56e","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/280727631913032","repostId":1183424432,"repostType":2,"repost":{"id":"1183424432","pubTimestamp":1709562863,"share":"https://www.laohu8.com/m/news/1183424432?lang=&edition=full","pubTime":"2024-03-04 22:34","market":"us","language":"en","title":"Sea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1183424432","media":"Bloomberg","summary":"Sea Limited shares jumped over 14% in pre-market trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the","content":"<html><head></head><body><p>Sea Limited shares jumped 12% in morning trading.</p><p>Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter through December. While that’s a decline of 74% from a year earlier — a result of marketing spending — it’s still higher than the $88 million analysts predicted. Sales also topped estimates.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36ae0bf7f7c9b72c82e1ca0357197c90\" tg-width=\"796\" tg-height=\"621\"/></p><p>The results might alleviate some concerns about the slowing growth of online retail arm Shopee, which is trying to fend off rivals such as ByteDance’s TikTok and Alibaba Group Holding Ltd.’s Lazada, and even newer entrants like PDD Holdings Inc.’s Temu. In December, TikTok restarted its hit shopping app in Indonesia after signing a pact with GoTo Group’s e-commerce unit Tokopedia, creating a partnership that threatens Shopee’s dominance.</p><p>Sales rose 4.8% to $3.6 billion, versus the average estimate of $3.5 billion, with e-commerce revenue gaining 23%. While significantly lower than growth rates a few years ago, the results show Shopee is still attracting buyers as online shopping gains popularity in the region of more than 650 million people.</p><p>E-commerce gross merchandise volume, or the value of goods sold, will increase in the “high teens” this year, Sea predicted. Ebitda at the e-commerce business is set to turn positive in the second half, the company said.</p><p>To cope with the intense competition, Sea Chief Executive Officer Forrest Li said in August he intends to ramp up investments into Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.</p><p>Since then, investors have been looking for clues on whether there will still be a strong upside for growth for Sea, who might have to sacrifice margins to stave off a charge from deep-pocketed competitors TikTok and Temu.</p><p>“We could see an inflection point in coming months if Shopee successfully maintains its leading position via diligent spending while delivering a gradually improving monetization rate with narrowing Ebitda loss,” Alicia Yap, an analyst at Citigroup, said ahead of the results.</p><p style=\"text-align: start;\">In 2022, Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed in the preceding years. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.</p><p style=\"text-align: start;\">Sea’s other big business, the gaming arm Garena, has shrunk rapidly in 2023 without a new blockbuster hit. The division’s fourth-quarter revenue fell 46.2% to $510.8 million.</p><blockquote><h3 id=\"id_1764038134\">What Bloomberg Intelligence Says:</h3><p>Sea’s re-acceleration of investments in Southeast Asian e-commerce seems necessary to defend its market share against encroachment from TikTok Shop and Pinduoduo’s Temu. This should kick sales growth back into high gear after a deliberate slowdown to achieve breakeven, but will likely pressure profit, particularly as digital banks ramp up. -Nathan Naidu, analyst</p></blockquote><p></p></body></html>","source":"lsy1584095487587","collect":0,"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>Sea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates</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\">\nSea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-04 22:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183424432","content_text":"Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter through December. While that’s a decline of 74% from a year earlier — a result of marketing spending — it’s still higher than the $88 million analysts predicted. Sales also topped estimates.The results might alleviate some concerns about the slowing growth of online retail arm Shopee, which is trying to fend off rivals such as ByteDance’s TikTok and Alibaba Group Holding Ltd.’s Lazada, and even newer entrants like PDD Holdings Inc.’s Temu. In December, TikTok restarted its hit shopping app in Indonesia after signing a pact with GoTo Group’s e-commerce unit Tokopedia, creating a partnership that threatens Shopee’s dominance.Sales rose 4.8% to $3.6 billion, versus the average estimate of $3.5 billion, with e-commerce revenue gaining 23%. While significantly lower than growth rates a few years ago, the results show Shopee is still attracting buyers as online shopping gains popularity in the region of more than 650 million people.E-commerce gross merchandise volume, or the value of goods sold, will increase in the “high teens” this year, Sea predicted. Ebitda at the e-commerce business is set to turn positive in the second half, the company said.To cope with the intense competition, Sea Chief Executive Officer Forrest Li said in August he intends to ramp up investments into Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.Since then, investors have been looking for clues on whether there will still be a strong upside for growth for Sea, who might have to sacrifice margins to stave off a charge from deep-pocketed competitors TikTok and Temu.“We could see an inflection point in coming months if Shopee successfully maintains its leading position via diligent spending while delivering a gradually improving monetization rate with narrowing Ebitda loss,” Alicia Yap, an analyst at Citigroup, said ahead of the results.In 2022, Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed in the preceding years. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.Sea’s other big business, the gaming arm Garena, has shrunk rapidly in 2023 without a new blockbuster hit. The division’s fourth-quarter revenue fell 46.2% to $510.8 million.What Bloomberg Intelligence Says:Sea’s re-acceleration of investments in Southeast Asian e-commerce seems necessary to defend its market share against encroachment from TikTok Shop and Pinduoduo’s Temu. This should kick sales growth back into high gear after a deliberate slowdown to achieve breakeven, but will likely pressure profit, particularly as digital banks ramp up. -Nathan Naidu, analyst","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":280723862135008,"gmtCreate":1709561215730,"gmtModify":1709561219070,"author":{"id":"3581293549512826","authorId":"3581293549512826","name":"LSLi","avatar":"https://static.tigerbbs.com/1cd86d2afeac545f926b9576638b55a9","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/280723862135008","repostId":1183424432,"repostType":2,"repost":{"id":"1183424432","pubTimestamp":1709562863,"share":"https://www.laohu8.com/m/news/1183424432?lang=&edition=full","pubTime":"2024-03-04 22:34","market":"us","language":"en","title":"Sea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1183424432","media":"Bloomberg","summary":"Sea Limited shares jumped over 14% in pre-market trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the","content":"<html><head></head><body><p>Sea Limited shares jumped 12% in morning trading.</p><p>Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter through December. While that’s a decline of 74% from a year earlier — a result of marketing spending — it’s still higher than the $88 million analysts predicted. Sales also topped estimates.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36ae0bf7f7c9b72c82e1ca0357197c90\" tg-width=\"796\" tg-height=\"621\"/></p><p>The results might alleviate some concerns about the slowing growth of online retail arm Shopee, which is trying to fend off rivals such as ByteDance’s TikTok and Alibaba Group Holding Ltd.’s Lazada, and even newer entrants like PDD Holdings Inc.’s Temu. In December, TikTok restarted its hit shopping app in Indonesia after signing a pact with GoTo Group’s e-commerce unit Tokopedia, creating a partnership that threatens Shopee’s dominance.</p><p>Sales rose 4.8% to $3.6 billion, versus the average estimate of $3.5 billion, with e-commerce revenue gaining 23%. While significantly lower than growth rates a few years ago, the results show Shopee is still attracting buyers as online shopping gains popularity in the region of more than 650 million people.</p><p>E-commerce gross merchandise volume, or the value of goods sold, will increase in the “high teens” this year, Sea predicted. Ebitda at the e-commerce business is set to turn positive in the second half, the company said.</p><p>To cope with the intense competition, Sea Chief Executive Officer Forrest Li said in August he intends to ramp up investments into Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.</p><p>Since then, investors have been looking for clues on whether there will still be a strong upside for growth for Sea, who might have to sacrifice margins to stave off a charge from deep-pocketed competitors TikTok and Temu.</p><p>“We could see an inflection point in coming months if Shopee successfully maintains its leading position via diligent spending while delivering a gradually improving monetization rate with narrowing Ebitda loss,” Alicia Yap, an analyst at Citigroup, said ahead of the results.</p><p style=\"text-align: start;\">In 2022, Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed in the preceding years. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.</p><p style=\"text-align: start;\">Sea’s other big business, the gaming arm Garena, has shrunk rapidly in 2023 without a new blockbuster hit. The division’s fourth-quarter revenue fell 46.2% to $510.8 million.</p><blockquote><h3 id=\"id_1764038134\">What Bloomberg Intelligence Says:</h3><p>Sea’s re-acceleration of investments in Southeast Asian e-commerce seems necessary to defend its market share against encroachment from TikTok Shop and Pinduoduo’s Temu. This should kick sales growth back into high gear after a deliberate slowdown to achieve breakeven, but will likely pressure profit, particularly as digital banks ramp up. -Nathan Naidu, analyst</p></blockquote><p></p></body></html>","source":"lsy1584095487587","collect":0,"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>Sea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates</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\">\nSea Limited Shares Soar 12% As Adjusted Profit, Sales Top Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-04 22:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.bloomberg.com/news/articles/2024-03-04/sea-earnings-fall-less-than-expected-on-solid-e-commerce-revenue?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183424432","content_text":"Sea Limited shares jumped 12% in morning trading.Southeast Asia’s largest internet firm posted $126.7 million in adjusted earnings before interest, taxes, depreciation and amortization for the fourth quarter through December. While that’s a decline of 74% from a year earlier — a result of marketing spending — it’s still higher than the $88 million analysts predicted. Sales also topped estimates.The results might alleviate some concerns about the slowing growth of online retail arm Shopee, which is trying to fend off rivals such as ByteDance’s TikTok and Alibaba Group Holding Ltd.’s Lazada, and even newer entrants like PDD Holdings Inc.’s Temu. In December, TikTok restarted its hit shopping app in Indonesia after signing a pact with GoTo Group’s e-commerce unit Tokopedia, creating a partnership that threatens Shopee’s dominance.Sales rose 4.8% to $3.6 billion, versus the average estimate of $3.5 billion, with e-commerce revenue gaining 23%. While significantly lower than growth rates a few years ago, the results show Shopee is still attracting buyers as online shopping gains popularity in the region of more than 650 million people.E-commerce gross merchandise volume, or the value of goods sold, will increase in the “high teens” this year, Sea predicted. Ebitda at the e-commerce business is set to turn positive in the second half, the company said.To cope with the intense competition, Sea Chief Executive Officer Forrest Li said in August he intends to ramp up investments into Shopee. He is stepping up efforts to build out its live-streaming arm, an offensive move that could erode margins and trigger a price war with TikTok and Alibaba. He argued that was necessary to defend its market share.Since then, investors have been looking for clues on whether there will still be a strong upside for growth for Sea, who might have to sacrifice margins to stave off a charge from deep-pocketed competitors TikTok and Temu.“We could see an inflection point in coming months if Shopee successfully maintains its leading position via diligent spending while delivering a gradually improving monetization rate with narrowing Ebitda loss,” Alicia Yap, an analyst at Citigroup, said ahead of the results.In 2022, Sea embarked on an aggressive cost-cutting drive to reach profit, pivoting to a focus on the bottom-line as revenue growth decelerated from the triple-digit percentage rates it enjoyed in the preceding years. The company froze salaries and slashed hundreds of millions of dollars in expenses to achieve positive cash flows.Sea’s other big business, the gaming arm Garena, has shrunk rapidly in 2023 without a new blockbuster hit. The division’s fourth-quarter revenue fell 46.2% to $510.8 million.What Bloomberg Intelligence Says:Sea’s re-acceleration of investments in Southeast Asian e-commerce seems necessary to defend its market share against encroachment from TikTok Shop and Pinduoduo’s Temu. This should kick sales growth back into high gear after a deliberate slowdown to achieve breakeven, but will likely pressure profit, particularly as digital banks ramp up. -Nathan Naidu, analyst","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":41,"commentSize":0,"repostSize":3,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}