[Click here for information about joining the class action] Attorney advertising. Prior results do not guarantee similar outcomes. On May 28, 2024, Bloomberg published an article reporting that Sea is under investigation by Indonesian antitrust authorities "for potentially unfairly favoring its own delivery service over other alternatives." The Bloomberg article reported that "[o]nline shoppers in Indonesia can choose the company to deliver their purchases, and Sea's e-commerce arm Shopee set up an algorith ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Sea Limited. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

The worst could be over for this company's critical division. Sea Limited's (SE 1.05%) gaming business, Garena, is a classic example of a fallen angel. It went from being a fast-growing and highly profitable gem to a problem child, enduring a continuous cycle of falling revenue and profitability for many quarters. However, green shoots indicate that the gaming company hit the bottom in the second half of 2023 and is set for better times in 2024 and beyond. So far, these actions have helped stabilize the dec ...

NEW YORK, May 30, 2024 Pomerantz LLP is investigating claims on behalf of investors of Sea Limited ("Sea" or the "Company") (NYSE: SE). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Sea and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On May 28, 2024, Bloomberg published an article reporting ...

Sea Limited Sponsored ADR (SE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this company have returned +8.5%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Internet - Software industry, which Sea Limited falls in, has gained 3.6%. The key question now is: What could be the stock's future direction? Although medi ...

Robert Way Introduction Three months ago, I wrote an article on Sea Limited (NYSE:SE), highlighting that the market is still in 'disbelief' and that the stock has much more room to run despite its sharp rally. Since that article, the stock is up another 20%, and since its bottom in January, it's up more than 100%. Considering the stock's recent run, bulls might feel the urge to take some profits and reinvest the proceeds elsewhere. But before you hit that sell button, let me talk about why it might be a bet ...

Luxembourg – 25 May 2024 - Subsea7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract by Serica Energy, for the Belinda field development south-east of the Triton FPSO. The Belinda field is operated by Serica Energy and located approximately 190 kilometres east of Aberdeen in the UK Central North Sea, with a water depth of 95 metres. The contract scope includes project management, engineering, procurement, construction and installation (EPCI) of a 5-kilometre 8" production ...

Amazon stock has soared fivefold since 2016, but if you missed out on those gains, Sea Limited might offer another chance. Amazon (AMZN 0.58%) was founded in 1994 to sell products using the Internet. Since then, it has become the dominant player in the e-commerce industry. However, the company has also expanded into other areas, such as cloud computing, streaming, and digital advertising. Shares of Amazon have climbed more than fivefold since 2016, and while e-commerce remains the company's largest source o ...

Sea Limited has returned to double-digit revenue growth on an overall basis. Sea Limited (SE 3.25%) may finally benefit from its role as the premier e-commerce conglomerate in Southeast Asia. Much like Amazon in the U.S. and MercadoLibre in Latin America, it is the leading e-commerce company in its respective region. That helped the stock peak above $372 at the height of the 2021 bull market. Unfortunately, missteps such as expanding Shopee's e-commerce operations outside of Southeast Asia and the reduced p ...

There have been multiple catalysts for MercadoLibre in recent years, but one can't overlook how much more compelling the e-commerce platform is today compared to years past. In Q1 2019, less than half of the items on the company's platform could be delivered in 48 hours or less. Now it even offers same-day shipping in certain cases with 52% of Q1 2024 shipments arriving on the same day or next day. Reducing delivery times can help drive adoption. For those who have been holding shares of Latin American e-co ...