Sea Limited Q3 FY23:
• Revenue +5% Y/Y to $3.3B ($90M beat).
• EPS -$0.26 ($0.29 miss).
Shopee marketplace +18% Y/Y to $1.9B
Garena Bookings +1% Q/Q to $0.4B.
SeaMoney revenue +37% Y/Y to $0.4B.
• EPS -$0.26 ($0.29 miss).
Shopee marketplace +18% Y/Y to $1.9B
Garena Bookings +1% Q/Q to $0.4B.
SeaMoney revenue +37% Y/Y to $0.4B.
Sea Limited plans to focus on investing in the business to boost their market share and their position as marketleader. For the long term that's a good sign.
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102159142 : Are you really the head of the Navy
Lithanjah 102159142: Do you doubt it was sent by Li Xiaodong?
Lithanjah : BTW, operating loss is 0.1B, sales and marketing alone already 0.9B. Can just cut a bit of the sales and marketing expenses? Anyway, see the much of effect from S&M..
28282828 Lithanjah: Doesnt work that way. If you cut on marketing expenses, revenue may drop and change the picture totally
Brave mooer 102159142: Show some respect to sea’s PR in this situation
CHK82 : Hi admin, you still not giving up.