From Nasdaq:

Sea Limited (NYSE: SE) saw explosive growth post-IPO, turning a $50,000 investment into $1.2 million. However, stock now trades at $58, shrinking that investment to $193,000. Growth slowdown attributed to Shopee and Garena. Yet, Sea’s stock valuation could set a floor for future gains amidst low enterprise value of $29 billion.

Shopee’s revenue growth cooled post-pandemic, facing stiff competition and operational challenges. Garena bookings dropped as game popularity waned and faced issues in India. Sea’s cost-cutting measures led to profitability and a focus on first-party logistics. Analysts project modest growth, but potential for millionaire-making gains remains with stable earnings and expansion into fintech ecosystem.



Read more at Nasdaq: Could Sea Limited Stock Help You Become a Millionaire?