Equity Analysis /
Singapore

Sea Ltd: Surfing the e-commerce wave in ASEAN

  • The pandemic lockdown has boosted Sea's e-commerce and gaming revenue

  • Its Q2 results were littered with impressive numbers. We raise our earnings by 14% and target price by 13%

  • Sea is the best capitalised of the three players competing to become ASEAN's super app

Sea Ltd: Surfing the e-commerce wave in ASEAN
Nirgunan Tiruchelvam
Nirgunan Tiruchelvam

Head of Consumers Equity Research

Tellimer Research
18 August 2021
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