US EditionInside Scoop on the Profitability Rebound Sea Limited Had in 2024
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Inside Scoop on the Profitability Rebound Sea Limited Had in 2024
Back in 2022, Sea Limited was in the midst of a painful transition. It had overextended during the pandemic-era boom, facing USD $1.7 billion net loss, burning cash to chase growth in e-commerce, fintech, and gaming across Asia and Latin America. By late 2023, investor sentiment had soured. Analysts questioned whether the Singapore-based company could evolve beyond its aggressive subsidy-led model and deliver consistent, sustainable returns. Fa…
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