Hot E-Commerce Stock Sea Ltd. Falls Amid Antitrust Probe In …

May 28, 2024 · Antitrust regulators in Indonesia are investigating whether Sea Limited unfairly favored its own delivery services for orders placed on its Shopee e-commerce platform. U.S. …

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Hot E-Commerce Stock Sea Ltd. Falls Amid Antitrust Probe In …

1 week from now

On the stock market today, Sea stock lost 3.2% to close at 69.70. Shares hovered around Sea stock's 21-day moving average for much of the day before closing above it, according to …

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Morgan Stanley Maintains Target On Sea Ltd. Shares Amid Antitrust …

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On Tuesday, Morgan Stanley reiterated its Overweight rating on Sea Ltd. (NYNYSE: SE:SE) with a price target of $70.00 for the shares, despite recent developments in an antitrust case …

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Sea Stock: E-Commerce Firm Rallies 90% Amid TikTok, Temu …

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Sep 6, 2024 · Sea stock has rallied back as e-commerce sales growth accelerated, starting in the first quarter of the year. Singapore-based Sea also operates digital-payments provider …

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Here’s Why Baron Funds Disposed Its Sea Limited (SE) Stake

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Jun 13, 2022 · Founded in 2009, Sea Limited (NYSE:SE) is a Singapore-based global consumer internet company with a $42.8 billion market capitalization. Sea Limited (NYSE:SE) delivered a …

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FAQs about Hot E-Commerce Stock Sea Ltd. Falls Amid Antitrust Probe In … Coupon?

Why is sea a good e-commerce stock to buy?

Sea rose due to an improved competitive environment in its Shopee e-commerce business that set the stage for commission increases, while a positive inflection in its gaming business surprised market participants." Overall SE ranks 6th among the 7 best e-commerce stocks to buy according to hedge funds. ...

Why is Indonesia's antitrust agency probing Sea's e-commerce platform Shopee?

Indonesia's antitrust agency is probing Sea's e-commerce platform Shopee over allegations of unfair favoritism to its own delivery service. Read more here. ...

Does Sea have an antitrust probe in Indonesia?

Indonesia's antitrust watchdog, KPPU, announced the probe on Tuesday. Shoppers in Indonesia can choose which company delivers their purchase and Indonesian officials say that Sea set up an algorithm that prioritized its own service over other options, according to a Bloomberg report. Shopee is scheduled to respond at a hearing on June 11. ...

Is sea limited a e-commerce company?

As of Sep 14, 2024. Values delayed up to 15 minutes Sea Limited is a consumer Internet company. The Company operates three core businesses of e-commerce, digital financial services, and digital entertainment, known as Shopee, SeaMoney and Garena. Its segments are e-commerce, digital financial services, and digital entertainment. ...

How did Sea's e-commerce & digital financial services business perform?

Sea’s cash-cow gaming unit, which helped fund the company’s expansion in e-commerce and digital financial services, saw its revenue fall by 33.7% year-over-year to $592 million, while Sea’s nascent digital financial services arm saw its revenue rise by 36.5% year-over-year to $446 million. ...

Is TikTok fending off China-based e-commerce challengers in Indonesia?

Shares of the Singapore-based internet services company have been helped by the perception it is fending off China-based e-commerce challengers such as Alibaba and PDD Holdings in its key markets, which includes Indonesia. TikTok's China-based parent company ByteDance is also a competitor in Indonesia. ...