Shopee's Drive for Profitability Looks Impressive -- Market Talk

1
1
Favorite

Shopee's Drive for Profitability Looks Impressive -- Market Talk

Dow Jones2023-03-08

0421 GMT - Sea Ltd.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts say in a research report, raising the American Depositary Receipt's target price to US$72.00 from US$65.00 with an unchanged hold rating. Its Shopee e-commerce platform's adjusted Ebitda turned positive in 4Q for the first time, with Daiwa's analysts surprised by Shopee's strong efforts to cut losses. The Singapore-based consumer internet company's digital financial services Ebitda also turned positive for the first time, with management mentioning on its earnings call that the key performance indicator for this business is to improve the quality of the loan book and profitability, the analysts say. Sea Ltd.'s ADRs closed 22% higher at US$80.06 on Tuesday. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

March 07, 2023 23:21 ET (04:21 GMT)

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.

Report

Comment（1）

虎威将
·2023-03-08
K
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2317422185?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-03-08 12:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2317422185","market":"us","top_or_hot":-1,"title":"Shopee's Drive for Profitability Looks Impressive -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0421 GMT - <a href=\"https://laohu8.com/S/SE\">Sea Ltd</a>.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts say in a research report, raising the American Depositary Receipt's target price to US$72.00 from US$65.00 with an unchanged hold rating. Its Shopee e-commerce platform's adjusted Ebitda turned positive in 4Q for the first time, with Daiwa's analysts surprised by Shopee's strong efforts to cut losses. The Singapore-based consumer internet company's digital financial services Ebitda also turned positive for the first time, with management mentioning on its earnings call that the key performance indicator for this business is to improve the quality of the loan book and profitability, the analysts say. Sea Ltd.'s ADRs closed 22% higher at US$80.06 on Tuesday. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 07, 2023 23:21 ET (04:21 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"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>Shopee's Drive for Profitability Looks Impressive -- Market Talk</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\">\nShopee's Drive for Profitability Looks Impressive -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-08 12:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0421 GMT - Sea Ltd.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts say in a research report, raising the American Depositary Receipt's target price to US$72.00 from US...</p>\n\n<a href=\"http://dowjonesnews.com/newdjn/logon.aspx?AL=N\">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":"BK4581","symbol_name":"高盛持仓","start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2317422185","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2317422185","pubTimestamp":1678249260,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0421 GMT - Sea Ltd.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4581":"高盛持仓","BK4085":"互动家庭娱乐","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","BK4548":"巴美列捷福持仓","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","LU0048573645.USD":"富达东盟基金","SE":"Sea Ltd","LU0251143029.SGD":"Fidelity ASEAN A-SGD","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","BK4554":"元宇宙及AR概念","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","BK4585":"ETF&股票定投概念","BK4566":"资本集团","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","SG9999002406.SGD":"利安新加坡信托基金","BK4535":"淡马锡持仓","SG9999002620.SGD":"LionGlobal South East Asia SGD","BK4588":"碎股","BK4503":"景林资产持仓","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK4551":"寇图资本持仓","SG9999013478.USD":"利安新加坡股息基金"},"translate_title":"Shopee对盈利能力的追求令人印象深刻——市场对话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SE":1},"content_text":"0421 GMT - Sea Ltd.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts say in a research report, raising the American Depositary Receipt's target price to US$72.00 from US$65.00 with an unchanged hold rating. Its Shopee e-commerce platform's adjusted Ebitda turned positive in 4Q for the first time, with Daiwa's analysts surprised by Shopee's strong efforts to cut losses. The Singapore-based consumer internet company's digital financial services Ebitda also turned positive for the first time, with management mentioning on its earnings call that the key performance indicator for this business is to improve the quality of the loan book and profitability, the analysts say. Sea Ltd.'s ADRs closed 22% higher at US$80.06 on Tuesday. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 07, 2023 23:21 ET (04:21 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9949059489,"gmtCreate":1678253991641,"gmtModify":1678253995209,"author":{"id":"4089979733763570","authorId":"4089979733763570","name":"虎威将","avatar":"https://community-static.tradeup.com/news/d7db4e3c2b733027f14848f5358f8113","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4089979733763570","authorIdStr":"4089979733763570"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949059489","repostId":2317422185,"repostType":2,"repost":{"id":"2317422185","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1678249260,"share":"https://ttm.financial/m/news/2317422185?lang=&edition=fundamental","pubTime":"2023-03-08 12:21","market":"us","language":"en","title":"Shopee's Drive for Profitability Looks Impressive -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2317422185","media":"Dow Jones","summary":"0421 GMT - Sea Ltd.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts ","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0421 GMT - <a href=\"https://laohu8.com/S/SE\">Sea Ltd</a>.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts say in a research report, raising the American Depositary Receipt's target price to US$72.00 from US$65.00 with an unchanged hold rating. Its Shopee e-commerce platform's adjusted Ebitda turned positive in 4Q for the first time, with Daiwa's analysts surprised by Shopee's strong efforts to cut losses. The Singapore-based consumer internet company's digital financial services Ebitda also turned positive for the first time, with management mentioning on its earnings call that the key performance indicator for this business is to improve the quality of the loan book and profitability, the analysts say. Sea Ltd.'s ADRs closed 22% higher at US$80.06 on Tuesday. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 07, 2023 23:21 ET (04:21 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","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>Shopee's Drive for Profitability Looks Impressive -- Market Talk</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\">\nShopee's Drive for Profitability Looks Impressive -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-08 12:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0421 GMT - <a href=\"https://laohu8.com/S/SE\">Sea Ltd</a>.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts say in a research report, raising the American Depositary Receipt's target price to US$72.00 from US$65.00 with an unchanged hold rating. Its Shopee e-commerce platform's adjusted Ebitda turned positive in 4Q for the first time, with Daiwa's analysts surprised by Shopee's strong efforts to cut losses. The Singapore-based consumer internet company's digital financial services Ebitda also turned positive for the first time, with management mentioning on its earnings call that the key performance indicator for this business is to improve the quality of the loan book and profitability, the analysts say. Sea Ltd.'s ADRs closed 22% higher at US$80.06 on Tuesday. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 07, 2023 23:21 ET (04:21 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4566":"资本集团","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","BK4588":"碎股","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","LU0048573645.USD":"富达东盟基金","BK4554":"元宇宙及AR概念","LU0251143029.SGD":"Fidelity ASEAN A-SGD","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK4503":"景林资产持仓","BK4548":"巴美列捷福持仓","BK4581":"高盛持仓","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","BK4551":"寇图资本持仓","BK4085":"互动家庭娱乐","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","SE":"Sea Ltd","SG9999002406.SGD":"利安新加坡信托基金","BK4535":"淡马锡持仓","SG9999002620.SGD":"LionGlobal South East Asia SGD","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK4585":"ETF&股票定投概念","SG9999013478.USD":"利安新加坡股息基金"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2317422185","content_text":"0421 GMT - Sea Ltd.'s drive to reach profitability looks impressive, Daiwa Capital Markets analysts say in a research report, raising the American Depositary Receipt's target price to US$72.00 from US$65.00 with an unchanged hold rating. Its Shopee e-commerce platform's adjusted Ebitda turned positive in 4Q for the first time, with Daiwa's analysts surprised by Shopee's strong efforts to cut losses. The Singapore-based consumer internet company's digital financial services Ebitda also turned positive for the first time, with management mentioning on its earnings call that the key performance indicator for this business is to improve the quality of the loan book and profitability, the analysts say. Sea Ltd.'s ADRs closed 22% higher at US$80.06 on Tuesday. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 07, 2023 23:21 ET (04:21 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}