$Sea Ltd(SE)$ When a company like shopee, who had a previous goal of spending as much as they can to expand moves their main goal to achieve maximum profitability, you know the company is finally heading on the right track. Hard measures and decisions will have to be made, and in the media, it'll always look bad as FUD will spread like wildfire. but as investors we need to look into what's the company's direction is now, instead of just reacting to what hard actions they are taking as a sign that they're going to crash.
$Sea Ltd(SE)$ despite all the negative press & reception due to the company making hard but necessary actions to recourse into profitability, the results have shown slightly that they are closing the gap on losses. a little too early as an investor to go bullish in an uncertain macroeconomic period, but it's looking better.