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Sea Limited American Depositary Shares each representing one Class A
2024-01-31 03:46:45 ET
Summary
Sea Limited operates three core businesses: Garena, Shopee, and SeaMoney, focusing on digital entertainment, e-commerce, and digital payments and financial services.
Garena's revenue has been declining, while Shopee has become the main source of sales for Sea Limited.
The company might not be as cheaply valued as it seems. More than a 5% net income margin seems unlikely in this business.