Sea Stock Price, News & Analysis

ChannelAdvisor Corporation (NYSE: ECOM) has announced its integration with Shopee, the leading e-commerce platform in Southeast Asia and Taiwan. This partnership enables ChannelAdvisor's customers to expand their multichannel commerce strategies into new markets in the Asia Pacific region. The integration offers features such as transforming product data for specific channels, optimizing content, synchronizing inventory, consolidating orders, and utilizing advanced analytics for identifying growth opportunities. This move is expected to enhance visibility and sales for brands and retailers in Southeast Asia.

Sea Limited (NYSE: SE) will announce its second quarter 2022 results on August 16, 2022, before the U.S. market opens. Management will host a conference call at 7:30 AM U.S. Eastern Time to discuss the results, with a live webcast available on the Company's website. Key details include:

• US Toll-Free: 1-888-317-6003
• International: 1-412-317-6061

A replay will be accessible on the investor relations website.

Sea Limited (NYSE: SE) reported first-quarter 2022 financial results showing a total revenue of US$2.9 billion, a 64.4% increase year-on-year. Despite strong revenue growth, the net loss rose to US$(580.1) million, up from US$(422.1) million a year earlier. E-commerce and digital financial services saw significant growth, with e-commerce revenue up 94.2% to US$1.5 billion. However, Garena's growth faced challenges post-COVID, with early signs of stabilization for Free Fire. The company is adjusting its e-commerce revenue guidance for the full year due to macro uncertainties.

Sea Limited (NYSE: SE) will announce its first quarter 2022 results on May 17, 2022, before U.S. market opening. Management will host a conference call at 7:30 AM ET. A live webcast can be accessed through the company's website. Key details include:

• Dial-in numbers: US Toll Free: 1-888-317-6003, International: 1-412-317-6061.
• Passcode for Participants: 4420440.

A replay will be available on the investor relations website.

Sea Limited (NYSE: SE) reported substantial growth for Q4 and the full year 2021, with total GAAP revenue reaching US$3.2 billion, up 105.7% year-on-year. Digital Entertainment revenue hit US$1.4 billion (up 104.1%), while E-commerce revenue rose to US$1.6 billion (up 89.4%). Despite these gains, Sea reported an adjusted EBITDA loss of US$492.1 million. Notably, Shopee achieved significant milestones in Brazil, recording over 140 million gross orders, marking a 400% increase year-on-year. The company anticipates achieving profitability in select regions and segments by 2022.

Sea Limited (NYSE: SE) plans to announce its fourth quarter and full year 2021 results on March 1, 2022, before the U.S. market opens. The management will host a conference call at 7:30 AM EST to discuss the results, with a live webcast available on the company’s website. Dial-in numbers and a passcode for participants are provided for the conference call. A replay will be available shortly after. Sea Limited operates in digital entertainment, e-commerce, and digital payments, with its main platforms being Garena, Shopee, and SeaMoney.

Sea Limited (NYSE: SE) announced that at its annual general meeting on February 14, 2022, shareholders approved a special resolution to amend the company's Memorandum and Articles of Association. The amendment increases the voting power of each Class B ordinary share from three to fifteen votes. Approximately 89% of shareholders voted in favor of this resolution. Chairman and CEO Forrest Li expressed gratitude for the strong support from shareholders.

Sea Limited (NYSE: SE) announced its annual general meeting (AGM) on February 14, 2022, proposing amendments to its articles of association. The key change aims to increase Class B ordinary share voting power from 3 votes to 15 votes. Tencent Holdings plans to convert its Class B shares to Class A shares, reducing its voting share to below 10%. The amendments require 75% shareholder approval. Mr. Forrest Li will hold approximately 57% of total voting power post-conversion. The Board recommends a 'FOR' vote on this proposal.

Sea Limited (NYSE: SE) reported robust third-quarter 2021 financial results with total GAAP revenue of US$2.7 billion, a 121.8% year-on-year increase. Gross profit reached US$1.0 billion, up 147.5% year-on-year. However, total adjusted EBITDA was US$(165.5) million, a decline from US$120.4 million in Q3 2020. Digital Entertainment bookings increased 29.2% to US$1.2 billion, while e-commerce revenue surged 134.4% to US$1.5 billion. The company raised its e-commerce revenue guidance for 2021 to between US$5.0 billion and US$5.2 billion.