1142 days ago • Posted by William Ramstein
Sea Ltd. could continue rise into 2021
Sea Ltd. expects revenues to double in 2021 as it continues its growth. Sea is backed by Tencent and has emerged as a stock market phenomenon since its IPO in 2017. This stock is a top performer in Southeast Asia. Revenue rose $1.6 billion in the last three months of 2020 from $777 million a year earlier. Net loss grew from $523 million to $282 million. Source: Bloomberg