Sea Limited (NYSE: SE) went public nearly four years ago at $15 per share. The Singapore-based gaming and e-commerce didn't initially attract much attention, but it's now worth about $350 per share.
Sea's business seemed wobbly at first, but the robust growth of its gaming unit Garena and its e-commerce marketplace Shopee silenced the bears. Its revenue rose 20% in 2017, then surged 100% in 2018, 163% in 2019, and 101% in 2020. Analysts anticipate another 104% growth this year.
Sea's breakneck sales growth convinced many investors to overlook its widening net losses and high valuations. But can Sea maintain its multibagger momentum over the next five years?
For further details see:
Where Will Sea Limited Be in 5 Years?