DBS downgrades Shopee, Garena owner Sea to ‘sell’, Companies & Markets

DBS downgrades Shopee, Garena owner Sea to ‘sell’, Companies & Markets

Singapore INTERNET company Sea Ltd, which owns e-commerce platform Shopee and game developer Garena, is now rated “sell” by DBS Group Research down from “fully valued”, given its slower-than-expected e-commerce sales, higher losses in the e-wallet business, and rich valuations. In… Click here for the full story.

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Singapore

INTERNET company Sea Ltd, which owns e-commerce platform Shopee and game developer Garena, is now rated “sell” by DBS Group Research down from “fully valued”, given its slower-than-expected e-commerce sales, higher losses in the e-wallet business, and rich valuations.

In…





Click here for the full story.

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