Sea Limited Alleviates Concerns Regarding Macroeconomic Headwinds. JPMorgan Raises the Rating and Sees Further a 23% Upside Potential After the Breakout.
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Sea Limited (SE) is an internet company from Southeast Asia, active in both e-commerce (via Shopee) and digital financial services (under the Monee brand) as well as digital entertainment (through Garena). Shopee is one of the largest online marketplaces in Southeast Asia and Brazil. Monee offers digital payment services, consumer loans, banking, investment, and insurance. Additionally, Garena is one of the world's largest publishers and developers of online and mobile games, particularly known for the title Free Fire. In the first quarter, Sea...
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