Since then, however, Sea’s shares have dropped 65.5% due to a confluence of factors—Tencent reduced its stake, the company faced operational uncertainty in India and its net loss widened. In the fourth quarter of 2021, Sea reported a net loss of more than $616 million, up from $525 million from a year ago.
Similarly, Why is Sea Limited stock dropping?
Summary. Sea Limited is down an astounding 75% from all-time highs. The company closed out the year with rapid growth in e-commerce and projected strong growth to continue next year. On the flip side, the company guided to steep struggles in its video game segment.
Will SE stock recover? It indicated the stock could fall to an average price of $63.132 per share on 29 March 2022. However, this service expected that the price of Sea Limited stock could rebound and reach $146.76 by the end of 2022, $199.06 by the end of 2023, and $251.77 by the end of 2024.
Thereof, Is Sea Limited a Chinese company?
While Sea is based in Singapore, its founders are Chinese-born. The company is also backed by the Chinese technology and entertainment firm Tencent.
Is Sea Chinese stock?
However, in Sea Limited (NYSE:SE), we have a stock that still offers all of the attractive growth of Asia, more specifically Southeast Asia, and has a much more limited regulatory risk than Chinese stocks.
Will Sea Ltd recover?
It indicated the stock could fall to an average price of $63.132 per share on 29 March 2022. However, this service expected that the price of Sea Limited stock could rebound and reach $146.76 by the end of 2022, $199.06 by the end of 2023, and $251.77 by the end of 2024.
What is Sea company?
Sea Ltd (Sea) carries out the development of platforms for online, mobile entertainment and communication for users. Its entertainment platform enables users to access mobile and online PC games, and access other entertainment content such as live streaming.
Who is the owner of Sea?
Sea currently functions as a holding company for Garena, SeaMoney, and Shopee.
…
Sea Ltd.
| Type | Public |
|---|---|
| Founder | Forrest Li |
| Headquarters | Singapore |
| Area served | Worldwide |
| Key people | Forrest Li (Chairman) and (CEO) Gang Ye (Director) and (COO) |
Does Sea own Shopee?
Shopee’s parent company, Sea Group, filed for an initial public offering on the New York Stock Exchange (NYSE) in October 2017 for US$1 billion. Tencent is the main beneficiary of the Sea listing with a 20% share while Blue Dolphins Venture — an organization set up by founder Forrest Li — holds 15%.
Who owns Sea Limited?
Forrest Li is our founder and has served as the chairman of our company and our group chief executive officer since our inception in May 2009. He is a member of the board of directors of the Singapore Economic Development Board, and serves as an independent non-executive director of Shangri-La Asia Limited.
Who owns Sea Limited?
Forrest Li is our founder and has served as the chairman of our company and our group chief executive officer since our inception in May 2009.
Is Sea profitable?
The company is still not profitable, something that assumes greater importance in the minds of investors during times of economic uncertainty. Despite these challenges, there are a lot of factors that can make Sea a winning stock in 2022.
What do sea LTD do?
Sea Ltd (Sea) carries out the development of platforms for online, mobile entertainment and communication for users. Its entertainment platform enables users to access mobile and online PC games, and access other entertainment content such as live streaming.
What is the largest Chinese stock market?
The Shanghai stock exchange is China’s largest. Its total market capitalization was $4.1 trillion in 2016.
Who owns Sea stock?
Top 10 Owners of Sea Ltd
| Stockholder | Stake | Shares owned |
|---|---|---|
| T. Rowe Price Associates, Inc. (I… | 6.85% | 28,071,659 |
| Sands Capital Management LLC | 4.43% | 18,159,912 |
| Capital Research & Management Co…. | 3.93% | 16,105,696 |
| Fidelity Management & Research Co… | 3.00% | 12,293,461 |
Who are sea limited competitors?
Sea’s top competitors include Alibaba, Tencent, Ruckus Media Group and AppYea.
Who owns the Mariana Trench?
The Mariana Trench, in the Pacific Ocean, is the deepest location on Earth. According to the Exclusive Economic Zone (EEZ), the United States has jurisdiction over the trench and its resources. Scientists use a variety of technologies to overcome the challenges of deep-sea exploration and explore the Trench.
Can you buy a piece of the ocean?
“Property law states that territorial waters belong to the country and cannot be sold or bought.
Who owns the Black sea?
The Black Sea is bordered by Bulgaria, Georgia, Romania, Russia, Turkey, and Ukraine . It has a positive water balance, with an annual net outflow of 300 km 3 (72 cu mi) per year through the Bosporus and the Dardanelles into the Aegean Sea.
…
| Black Sea | |
|---|---|
| Water volume | 547,000 km 3 (131,200 cu mi) |
| Islands | 10+ |
Is Shopee available in Japan?
Since we can’t visit Japan’s store, we can only virtually « visit » their stores online and the good thing is we can now purchase items from Japan and get it shipped to Malaysia from only RM4.
Who is behind Shopee?
Today, Mr Li, 43, is the billionaire founder and group chief executive of tech giant Sea, which owns e-commerce platform Shopee and also operates businesses in gaming and digital finance.
Is Lazada a Singapore company?
Lazada Group (t/a Lazada) is an international e-commerce company founded by Maximilian Bittner, Mads Faurholt, Stefan Bruun, and Raphael Strauch with the backing of Rocket Internet in 2012, and owned by Alibaba Group.
…
Lazada.
| Type of business | Privately held company |
|---|---|
| Founded | March 27, 2012 |
| Headquarters | Downtown Core, Singapore |
Join TheMoney.co community and don’t forget to share this post !
