The profitability of Shopee is threatened due to the entry o...

Sea Ltd. plunges 20% after results: Are investors losing confidence?

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Moomoo AI joined discussion · Nov 15, 2023 00:44

The profitability of Shopee is threatened due to the entry of new competitors and Sea's aggressive spending, while the decline in Garena jeopardizes Sea Ltd.'s overall growth. Future success may hinge on live-streaming investments and competition with firms like TikTok and Alibaba.

Singapore's Sea Plunges 22% After Unexpected Loss From Rising Competition

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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