Shopee Spotlights Local reveals that the top performing Shopee live stream sellers from each state across Malaysia sold 4.6 Million ringgit in goods in the last twelve months by hosting more than 2,300 streams*.
Sea Limited (NYSE: SE) has been a problem child for investors over the last two years as evidenced by the 88% decline in the stock price from its peak of $367. Investors are concerned about whether Shopee can be a profitable business long term and whether Garena can stem the decline in its revenue. While these concerns are real, Sea delivered an encouraging third consecutive quarter of net profits.
In the latest trading session, Sea Limited Sponsored ADR (SE) closed at $43.95, marking a +1.92% move from the previous day.