+关注
Mingjun
暂无个人介绍
IP属地:未知
15
关注
2
粉丝
0
主题
0
勋章
主贴
热门
Mingjun
2021-09-17
$AEM HOLDINGS LTD(AWX.SI)$
Let's do this. Long term holders please don't keep taking profit. Come on, push this up together with the BBs.
Mingjun
2021-09-09
$PACIFIC BASIN(02343)$
Sold half and let it run 🤷♂️
Mingjun
2021-09-03
$AMD(AMD)$
Consolidation phase before launching again 🚀 Bye Intel
Mingjun
2021-09-03
$MercadoLibre(MELI)$
Latin America version of SEA 🚀
Mingjun
2021-09-02
$SEA LTD(SE)$
Multi-bagger Stage 1
Mingjun
2021-08-06
$AEM HOLDINGS LTD(AWX.SI)$
Today is a good day watching the shortists get burneddd. What a turnaround. All hail Chairman Loke.
Mingjun
2021-05-18
This is nothing. Hope it plummets to a good price for entry.
Sea's 1Q results miss estimates
去老虎APP查看更多动态
{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3580103202665936","uuid":"3580103202665936","gmtCreate":1617725143868,"gmtModify":1617725143868,"name":"Mingjun","pinyin":"mingjun","introduction":"","introductionEn":"","signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":15,"tweetSize":7,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"228c86a078844d74991fff2b7ab2428d-1","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资经理虎","description":"证券账户累计交易金额达到10万美元","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.25","exceedPercentage":"60.08%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.08.22","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"60.20%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":6,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":884380253,"gmtCreate":1631856705272,"gmtModify":1631884831874,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>Let's do this. Long term holders please don't keep taking profit. Come on, push this up together with the BBs.","listText":"<a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>Let's do this. Long term holders please don't keep taking profit. Come on, push this up together with the BBs.","text":"$AEM HOLDINGS LTD(AWX.SI)$Let's do this. Long term holders please don't keep taking profit. Come on, push this up together with the BBs.","images":[{"img":"https://static.tigerbbs.com/d59c8ce83aa0519d7f87943de2d65b43","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884380253","isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":889496387,"gmtCreate":1631165977249,"gmtModify":1631889675815,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/02343\">$PACIFIC BASIN(02343)$</a>Sold half and let it run 🤷♂️","listText":"<a href=\"https://laohu8.com/S/02343\">$PACIFIC BASIN(02343)$</a>Sold half and let it run 🤷♂️","text":"$PACIFIC BASIN(02343)$Sold half and let it run 🤷♂️","images":[{"img":"https://static.tigerbbs.com/6e742591a659b331b38271255294db92","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889496387","isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":815644028,"gmtCreate":1630677823364,"gmtModify":1631884305247,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>Consolidation phase before launching again 🚀 Bye Intel","listText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>Consolidation phase before launching again 🚀 Bye Intel","text":"$AMD(AMD)$Consolidation phase before launching again 🚀 Bye Intel","images":[{"img":"https://static.tigerbbs.com/198942f59fbe35d7f7b6575c0794c0e2","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/815644028","isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":815641258,"gmtCreate":1630677631174,"gmtModify":1631884810194,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MELI\">$MercadoLibre(MELI)$</a>Latin America version of SEA 🚀","listText":"<a href=\"https://laohu8.com/S/MELI\">$MercadoLibre(MELI)$</a>Latin America version of SEA 🚀","text":"$MercadoLibre(MELI)$Latin America version of SEA 🚀","images":[{"img":"https://static.tigerbbs.com/c4f39a3e5561ab5cc21d9c39bb644e4b","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/815641258","isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":816412492,"gmtCreate":1630512770716,"gmtModify":1631883652150,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>Multi-bagger Stage 1","listText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>Multi-bagger Stage 1","text":"$SEA LTD(SE)$Multi-bagger Stage 1","images":[{"img":"https://static.tigerbbs.com/9177d89d0662220464b69e0f9427eeda","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816412492","isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":893828684,"gmtCreate":1628256127348,"gmtModify":1631884832374,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>Today is a good day watching the shortists get burneddd. What a turnaround. All hail Chairman Loke.","listText":"<a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>Today is a good day watching the shortists get burneddd. What a turnaround. All hail Chairman Loke.","text":"$AEM HOLDINGS LTD(AWX.SI)$Today is a good day watching the shortists get burneddd. What a turnaround. All hail Chairman Loke.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/893828684","isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194390266,"gmtCreate":1621340176755,"gmtModify":1631884327085,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"This is nothing. Hope it plummets to a good price for entry.","listText":"This is nothing. Hope it plummets to a good price for entry.","text":"This is nothing. Hope it plummets to a good price for entry.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/194390266","repostId":"1171834722","repostType":2,"repost":{"id":"1171834722","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621335352,"share":"https://www.laohu8.com/m/news/1171834722?lang=&edition=full","pubTime":"2021-05-18 18:55","market":"us","language":"en","title":"Sea's 1Q results miss estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1171834722","media":"Tiger Newspress","summary":"Sea Limited today announced its financial results for the first quarter ended March 31, 2021.Sea reported quarterly losses of $ per share which missed the analyst consensus estimate of $ by 16.98 percent. This is a 19.23 percent decrease over losses of $ per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same","content":"<p>Sea Limited today announced its financial results for the first quarter ended March 31, 2021.</p><p>Sea reported quarterly losses of $(0.62) per share which missed the analyst consensus estimate of $(0.53) by 16.98 percent. This is a 19.23 percent decrease over losses of $(0.52) per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same period last year.</p><p><img src=\"https://static.tigerbbs.com/69f1e67eb3b6aab318d0ca67d25b7330\" tg-width=\"827\" tg-height=\"731\"></p><p>Sea stock tumbled 7% once in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/c8ee9edcf9cbd6ee1ff632f3711e95ed\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Highlights </b></p><p><b>▪</b> <b>Group </b></p><p>o Total GAAP revenue was US$1.8 billion, up 146.7% year-on-year.</p><p>o Total gross profit was US$645.4 million, up 212.1% year-on-year.</p><p>o Total adjusted EBITDA1 was US$88.1 million compared to US$(69.9) million for the first quarter of 2020.</p><p><b>▪ Digital Entertainment </b></p><p>o Bookings2 were US$1.1 billion, up 117.4% year-on-year.</p><p>o Adjusted EBITDA1 was US$717.3 million, up 140.4% year-on-year.</p><p>o Adjusted EBITDA represented 64.4% of bookings for the first quarter of 2021, compared to 58.2% for the first quarter of 2020.</p><p>o GAAP revenue was US$781.3 million, up 111.4% year-on-year.</p><p>o Quarterly active users (“QAUs”) reached 648.8 million, an increase of 61.4% yearon-year.</p><p>o Quarterly paying users grew by 123.5% year-on-year to 79.8 million, and represented 12.3% of QAUs for the first quarter compared to 8.9% for the same period in 2020.</p><p>o Average bookings per user were US$1.7, compared to US$1.3 for the first quarter of 2020.</p><p>o Our self-developed global hit game, Free Fire, continued to be the highest grossing mobile game in Latin America, Southeast Asia and India for the first quarter of 2021, according to App Annie3 . Free Fire has maintained this leading position for the past seven consecutive quarters in Latin America and Southeast Asia, and two consecutive quarters in India.</p><p><b>▪ E-commerce </b></p><p>o GAAP revenue was US$922.3 million, up 250.4% year-on-year.</p><p>o GAAP revenue included US$715.9 million of GAAP marketplace revenue4, up 285.0% year-on-year, and US$206.4 million of GAAP product revenue 5, up 167.1% year-on-year.</p><p>o Gross orders totaled 1.1 billion, an increase of 153.0% year-on-year.</p><p>o Gross merchandise value (“GMV”) was US$12.6 billion, an increase of 103.2% year-on-year.</p><p>o Adjusted EBITDA1 was US$(412.9) million compared to US$(264.1) million for the first quarter of 2020. Adjusted EBITDA loss per order decreased by 37.7% year-on-year to US$0.38, compared to US$0.61 for the first quarter of 2020.</p><p>o Both in Southeast Asia and in Taiwan, Shopee ranked first in the Shopping category by average monthly active users and total time spent in app on Android for the first quarter of 2021, according to App Annie3.</p><p>o In Indonesia, where Shopee further accelerated its year-on-year growth in gross orders, it continued to rank first by average monthly active users and total time spent in app on Android in the Shopping category for the first quarter of 2021, according to App Annie.</p><p><b>Digital Financial Services Update </b></p><p>We continued to see strong growth in the adoption of SeaMoney’s offerings. Our mobile wallet total payment volume exceeded US$3.4 billion for the first quarter of 2021, more than tripled that of the first quarter of 2020. Moreover, quarterly paying users for our mobile wallet services surpassed 26.1 million in the first quarter.</p><p><b>Conversions of Convertible Notes </b></p><p>Between March 5, 2021 (the date we last disclosed the outstanding principal amount of our convertible notes) and May 10, 2021, we issued an aggregate of approximately 4.8 million shares to settle conversions of our outstanding convertible notes, namely our 2.25% convertible senior notes due 2023 (the “2023 notes”) and our 1.00% convertible senior notes due 2024 (the “2024 notes”). In aggregate, such conversions are estimated to result in more than US$8.3 million of saving to us in future interest payments.</p><p>As of May 10, 2021, we had 524,433,502 ordinary shares issued and outstanding and approximately US$33.5 million, US$825.1 million and US$1.15 billion principal amount of the 2023 notes, 2024 notes and 2.375% convertible senior notes due 2025 remaining outstanding, respectively.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea's 1Q results miss estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea's 1Q results miss estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-18 18:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sea Limited today announced its financial results for the first quarter ended March 31, 2021.</p><p>Sea reported quarterly losses of $(0.62) per share which missed the analyst consensus estimate of $(0.53) by 16.98 percent. This is a 19.23 percent decrease over losses of $(0.52) per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same period last year.</p><p><img src=\"https://static.tigerbbs.com/69f1e67eb3b6aab318d0ca67d25b7330\" tg-width=\"827\" tg-height=\"731\"></p><p>Sea stock tumbled 7% once in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/c8ee9edcf9cbd6ee1ff632f3711e95ed\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Highlights </b></p><p><b>▪</b> <b>Group </b></p><p>o Total GAAP revenue was US$1.8 billion, up 146.7% year-on-year.</p><p>o Total gross profit was US$645.4 million, up 212.1% year-on-year.</p><p>o Total adjusted EBITDA1 was US$88.1 million compared to US$(69.9) million for the first quarter of 2020.</p><p><b>▪ Digital Entertainment </b></p><p>o Bookings2 were US$1.1 billion, up 117.4% year-on-year.</p><p>o Adjusted EBITDA1 was US$717.3 million, up 140.4% year-on-year.</p><p>o Adjusted EBITDA represented 64.4% of bookings for the first quarter of 2021, compared to 58.2% for the first quarter of 2020.</p><p>o GAAP revenue was US$781.3 million, up 111.4% year-on-year.</p><p>o Quarterly active users (“QAUs”) reached 648.8 million, an increase of 61.4% yearon-year.</p><p>o Quarterly paying users grew by 123.5% year-on-year to 79.8 million, and represented 12.3% of QAUs for the first quarter compared to 8.9% for the same period in 2020.</p><p>o Average bookings per user were US$1.7, compared to US$1.3 for the first quarter of 2020.</p><p>o Our self-developed global hit game, Free Fire, continued to be the highest grossing mobile game in Latin America, Southeast Asia and India for the first quarter of 2021, according to App Annie3 . Free Fire has maintained this leading position for the past seven consecutive quarters in Latin America and Southeast Asia, and two consecutive quarters in India.</p><p><b>▪ E-commerce </b></p><p>o GAAP revenue was US$922.3 million, up 250.4% year-on-year.</p><p>o GAAP revenue included US$715.9 million of GAAP marketplace revenue4, up 285.0% year-on-year, and US$206.4 million of GAAP product revenue 5, up 167.1% year-on-year.</p><p>o Gross orders totaled 1.1 billion, an increase of 153.0% year-on-year.</p><p>o Gross merchandise value (“GMV”) was US$12.6 billion, an increase of 103.2% year-on-year.</p><p>o Adjusted EBITDA1 was US$(412.9) million compared to US$(264.1) million for the first quarter of 2020. Adjusted EBITDA loss per order decreased by 37.7% year-on-year to US$0.38, compared to US$0.61 for the first quarter of 2020.</p><p>o Both in Southeast Asia and in Taiwan, Shopee ranked first in the Shopping category by average monthly active users and total time spent in app on Android for the first quarter of 2021, according to App Annie3.</p><p>o In Indonesia, where Shopee further accelerated its year-on-year growth in gross orders, it continued to rank first by average monthly active users and total time spent in app on Android in the Shopping category for the first quarter of 2021, according to App Annie.</p><p><b>Digital Financial Services Update </b></p><p>We continued to see strong growth in the adoption of SeaMoney’s offerings. Our mobile wallet total payment volume exceeded US$3.4 billion for the first quarter of 2021, more than tripled that of the first quarter of 2020. Moreover, quarterly paying users for our mobile wallet services surpassed 26.1 million in the first quarter.</p><p><b>Conversions of Convertible Notes </b></p><p>Between March 5, 2021 (the date we last disclosed the outstanding principal amount of our convertible notes) and May 10, 2021, we issued an aggregate of approximately 4.8 million shares to settle conversions of our outstanding convertible notes, namely our 2.25% convertible senior notes due 2023 (the “2023 notes”) and our 1.00% convertible senior notes due 2024 (the “2024 notes”). In aggregate, such conversions are estimated to result in more than US$8.3 million of saving to us in future interest payments.</p><p>As of May 10, 2021, we had 524,433,502 ordinary shares issued and outstanding and approximately US$33.5 million, US$825.1 million and US$1.15 billion principal amount of the 2023 notes, 2024 notes and 2.375% convertible senior notes due 2025 remaining outstanding, respectively.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171834722","content_text":"Sea Limited today announced its financial results for the first quarter ended March 31, 2021.Sea reported quarterly losses of $(0.62) per share which missed the analyst consensus estimate of $(0.53) by 16.98 percent. This is a 19.23 percent decrease over losses of $(0.52) per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same period last year.Sea stock tumbled 7% once in premarket trading.First Quarter 2021 Highlights ▪ Group o Total GAAP revenue was US$1.8 billion, up 146.7% year-on-year.o Total gross profit was US$645.4 million, up 212.1% year-on-year.o Total adjusted EBITDA1 was US$88.1 million compared to US$(69.9) million for the first quarter of 2020.▪ Digital Entertainment o Bookings2 were US$1.1 billion, up 117.4% year-on-year.o Adjusted EBITDA1 was US$717.3 million, up 140.4% year-on-year.o Adjusted EBITDA represented 64.4% of bookings for the first quarter of 2021, compared to 58.2% for the first quarter of 2020.o GAAP revenue was US$781.3 million, up 111.4% year-on-year.o Quarterly active users (“QAUs”) reached 648.8 million, an increase of 61.4% yearon-year.o Quarterly paying users grew by 123.5% year-on-year to 79.8 million, and represented 12.3% of QAUs for the first quarter compared to 8.9% for the same period in 2020.o Average bookings per user were US$1.7, compared to US$1.3 for the first quarter of 2020.o Our self-developed global hit game, Free Fire, continued to be the highest grossing mobile game in Latin America, Southeast Asia and India for the first quarter of 2021, according to App Annie3 . Free Fire has maintained this leading position for the past seven consecutive quarters in Latin America and Southeast Asia, and two consecutive quarters in India.▪ E-commerce o GAAP revenue was US$922.3 million, up 250.4% year-on-year.o GAAP revenue included US$715.9 million of GAAP marketplace revenue4, up 285.0% year-on-year, and US$206.4 million of GAAP product revenue 5, up 167.1% year-on-year.o Gross orders totaled 1.1 billion, an increase of 153.0% year-on-year.o Gross merchandise value (“GMV”) was US$12.6 billion, an increase of 103.2% year-on-year.o Adjusted EBITDA1 was US$(412.9) million compared to US$(264.1) million for the first quarter of 2020. Adjusted EBITDA loss per order decreased by 37.7% year-on-year to US$0.38, compared to US$0.61 for the first quarter of 2020.o Both in Southeast Asia and in Taiwan, Shopee ranked first in the Shopping category by average monthly active users and total time spent in app on Android for the first quarter of 2021, according to App Annie3.o In Indonesia, where Shopee further accelerated its year-on-year growth in gross orders, it continued to rank first by average monthly active users and total time spent in app on Android in the Shopping category for the first quarter of 2021, according to App Annie.Digital Financial Services Update We continued to see strong growth in the adoption of SeaMoney’s offerings. Our mobile wallet total payment volume exceeded US$3.4 billion for the first quarter of 2021, more than tripled that of the first quarter of 2020. Moreover, quarterly paying users for our mobile wallet services surpassed 26.1 million in the first quarter.Conversions of Convertible Notes Between March 5, 2021 (the date we last disclosed the outstanding principal amount of our convertible notes) and May 10, 2021, we issued an aggregate of approximately 4.8 million shares to settle conversions of our outstanding convertible notes, namely our 2.25% convertible senior notes due 2023 (the “2023 notes”) and our 1.00% convertible senior notes due 2024 (the “2024 notes”). In aggregate, such conversions are estimated to result in more than US$8.3 million of saving to us in future interest payments.As of May 10, 2021, we had 524,433,502 ordinary shares issued and outstanding and approximately US$33.5 million, US$825.1 million and US$1.15 billion principal amount of the 2023 notes, 2024 notes and 2.375% convertible senior notes due 2025 remaining outstanding, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":816412492,"gmtCreate":1630512770716,"gmtModify":1631883652150,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>Multi-bagger Stage 1","listText":"<a href=\"https://laohu8.com/S/SE\">$SEA LTD(SE)$</a>Multi-bagger Stage 1","text":"$SEA LTD(SE)$Multi-bagger Stage 1","images":[{"img":"https://static.tigerbbs.com/9177d89d0662220464b69e0f9427eeda","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816412492","isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":884380253,"gmtCreate":1631856705272,"gmtModify":1631884831874,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>Let's do this. Long term holders please don't keep taking profit. Come on, push this up together with the BBs.","listText":"<a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>Let's do this. Long term holders please don't keep taking profit. Come on, push this up together with the BBs.","text":"$AEM HOLDINGS LTD(AWX.SI)$Let's do this. Long term holders please don't keep taking profit. Come on, push this up together with the BBs.","images":[{"img":"https://static.tigerbbs.com/d59c8ce83aa0519d7f87943de2d65b43","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884380253","isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":893828684,"gmtCreate":1628256127348,"gmtModify":1631884832374,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>Today is a good day watching the shortists get burneddd. What a turnaround. All hail Chairman Loke.","listText":"<a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>Today is a good day watching the shortists get burneddd. What a turnaround. All hail Chairman Loke.","text":"$AEM HOLDINGS LTD(AWX.SI)$Today is a good day watching the shortists get burneddd. What a turnaround. All hail Chairman Loke.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/893828684","isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194390266,"gmtCreate":1621340176755,"gmtModify":1631884327085,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"This is nothing. Hope it plummets to a good price for entry.","listText":"This is nothing. Hope it plummets to a good price for entry.","text":"This is nothing. Hope it plummets to a good price for entry.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/194390266","repostId":"1171834722","repostType":2,"repost":{"id":"1171834722","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621335352,"share":"https://www.laohu8.com/m/news/1171834722?lang=&edition=full","pubTime":"2021-05-18 18:55","market":"us","language":"en","title":"Sea's 1Q results miss estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1171834722","media":"Tiger Newspress","summary":"Sea Limited today announced its financial results for the first quarter ended March 31, 2021.Sea reported quarterly losses of $ per share which missed the analyst consensus estimate of $ by 16.98 percent. This is a 19.23 percent decrease over losses of $ per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same","content":"<p>Sea Limited today announced its financial results for the first quarter ended March 31, 2021.</p><p>Sea reported quarterly losses of $(0.62) per share which missed the analyst consensus estimate of $(0.53) by 16.98 percent. This is a 19.23 percent decrease over losses of $(0.52) per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same period last year.</p><p><img src=\"https://static.tigerbbs.com/69f1e67eb3b6aab318d0ca67d25b7330\" tg-width=\"827\" tg-height=\"731\"></p><p>Sea stock tumbled 7% once in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/c8ee9edcf9cbd6ee1ff632f3711e95ed\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Highlights </b></p><p><b>▪</b> <b>Group </b></p><p>o Total GAAP revenue was US$1.8 billion, up 146.7% year-on-year.</p><p>o Total gross profit was US$645.4 million, up 212.1% year-on-year.</p><p>o Total adjusted EBITDA1 was US$88.1 million compared to US$(69.9) million for the first quarter of 2020.</p><p><b>▪ Digital Entertainment </b></p><p>o Bookings2 were US$1.1 billion, up 117.4% year-on-year.</p><p>o Adjusted EBITDA1 was US$717.3 million, up 140.4% year-on-year.</p><p>o Adjusted EBITDA represented 64.4% of bookings for the first quarter of 2021, compared to 58.2% for the first quarter of 2020.</p><p>o GAAP revenue was US$781.3 million, up 111.4% year-on-year.</p><p>o Quarterly active users (“QAUs”) reached 648.8 million, an increase of 61.4% yearon-year.</p><p>o Quarterly paying users grew by 123.5% year-on-year to 79.8 million, and represented 12.3% of QAUs for the first quarter compared to 8.9% for the same period in 2020.</p><p>o Average bookings per user were US$1.7, compared to US$1.3 for the first quarter of 2020.</p><p>o Our self-developed global hit game, Free Fire, continued to be the highest grossing mobile game in Latin America, Southeast Asia and India for the first quarter of 2021, according to App Annie3 . Free Fire has maintained this leading position for the past seven consecutive quarters in Latin America and Southeast Asia, and two consecutive quarters in India.</p><p><b>▪ E-commerce </b></p><p>o GAAP revenue was US$922.3 million, up 250.4% year-on-year.</p><p>o GAAP revenue included US$715.9 million of GAAP marketplace revenue4, up 285.0% year-on-year, and US$206.4 million of GAAP product revenue 5, up 167.1% year-on-year.</p><p>o Gross orders totaled 1.1 billion, an increase of 153.0% year-on-year.</p><p>o Gross merchandise value (“GMV”) was US$12.6 billion, an increase of 103.2% year-on-year.</p><p>o Adjusted EBITDA1 was US$(412.9) million compared to US$(264.1) million for the first quarter of 2020. Adjusted EBITDA loss per order decreased by 37.7% year-on-year to US$0.38, compared to US$0.61 for the first quarter of 2020.</p><p>o Both in Southeast Asia and in Taiwan, Shopee ranked first in the Shopping category by average monthly active users and total time spent in app on Android for the first quarter of 2021, according to App Annie3.</p><p>o In Indonesia, where Shopee further accelerated its year-on-year growth in gross orders, it continued to rank first by average monthly active users and total time spent in app on Android in the Shopping category for the first quarter of 2021, according to App Annie.</p><p><b>Digital Financial Services Update </b></p><p>We continued to see strong growth in the adoption of SeaMoney’s offerings. Our mobile wallet total payment volume exceeded US$3.4 billion for the first quarter of 2021, more than tripled that of the first quarter of 2020. Moreover, quarterly paying users for our mobile wallet services surpassed 26.1 million in the first quarter.</p><p><b>Conversions of Convertible Notes </b></p><p>Between March 5, 2021 (the date we last disclosed the outstanding principal amount of our convertible notes) and May 10, 2021, we issued an aggregate of approximately 4.8 million shares to settle conversions of our outstanding convertible notes, namely our 2.25% convertible senior notes due 2023 (the “2023 notes”) and our 1.00% convertible senior notes due 2024 (the “2024 notes”). In aggregate, such conversions are estimated to result in more than US$8.3 million of saving to us in future interest payments.</p><p>As of May 10, 2021, we had 524,433,502 ordinary shares issued and outstanding and approximately US$33.5 million, US$825.1 million and US$1.15 billion principal amount of the 2023 notes, 2024 notes and 2.375% convertible senior notes due 2025 remaining outstanding, respectively.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea's 1Q results miss estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea's 1Q results miss estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-18 18:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sea Limited today announced its financial results for the first quarter ended March 31, 2021.</p><p>Sea reported quarterly losses of $(0.62) per share which missed the analyst consensus estimate of $(0.53) by 16.98 percent. This is a 19.23 percent decrease over losses of $(0.52) per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same period last year.</p><p><img src=\"https://static.tigerbbs.com/69f1e67eb3b6aab318d0ca67d25b7330\" tg-width=\"827\" tg-height=\"731\"></p><p>Sea stock tumbled 7% once in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/c8ee9edcf9cbd6ee1ff632f3711e95ed\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Highlights </b></p><p><b>▪</b> <b>Group </b></p><p>o Total GAAP revenue was US$1.8 billion, up 146.7% year-on-year.</p><p>o Total gross profit was US$645.4 million, up 212.1% year-on-year.</p><p>o Total adjusted EBITDA1 was US$88.1 million compared to US$(69.9) million for the first quarter of 2020.</p><p><b>▪ Digital Entertainment </b></p><p>o Bookings2 were US$1.1 billion, up 117.4% year-on-year.</p><p>o Adjusted EBITDA1 was US$717.3 million, up 140.4% year-on-year.</p><p>o Adjusted EBITDA represented 64.4% of bookings for the first quarter of 2021, compared to 58.2% for the first quarter of 2020.</p><p>o GAAP revenue was US$781.3 million, up 111.4% year-on-year.</p><p>o Quarterly active users (“QAUs”) reached 648.8 million, an increase of 61.4% yearon-year.</p><p>o Quarterly paying users grew by 123.5% year-on-year to 79.8 million, and represented 12.3% of QAUs for the first quarter compared to 8.9% for the same period in 2020.</p><p>o Average bookings per user were US$1.7, compared to US$1.3 for the first quarter of 2020.</p><p>o Our self-developed global hit game, Free Fire, continued to be the highest grossing mobile game in Latin America, Southeast Asia and India for the first quarter of 2021, according to App Annie3 . Free Fire has maintained this leading position for the past seven consecutive quarters in Latin America and Southeast Asia, and two consecutive quarters in India.</p><p><b>▪ E-commerce </b></p><p>o GAAP revenue was US$922.3 million, up 250.4% year-on-year.</p><p>o GAAP revenue included US$715.9 million of GAAP marketplace revenue4, up 285.0% year-on-year, and US$206.4 million of GAAP product revenue 5, up 167.1% year-on-year.</p><p>o Gross orders totaled 1.1 billion, an increase of 153.0% year-on-year.</p><p>o Gross merchandise value (“GMV”) was US$12.6 billion, an increase of 103.2% year-on-year.</p><p>o Adjusted EBITDA1 was US$(412.9) million compared to US$(264.1) million for the first quarter of 2020. Adjusted EBITDA loss per order decreased by 37.7% year-on-year to US$0.38, compared to US$0.61 for the first quarter of 2020.</p><p>o Both in Southeast Asia and in Taiwan, Shopee ranked first in the Shopping category by average monthly active users and total time spent in app on Android for the first quarter of 2021, according to App Annie3.</p><p>o In Indonesia, where Shopee further accelerated its year-on-year growth in gross orders, it continued to rank first by average monthly active users and total time spent in app on Android in the Shopping category for the first quarter of 2021, according to App Annie.</p><p><b>Digital Financial Services Update </b></p><p>We continued to see strong growth in the adoption of SeaMoney’s offerings. Our mobile wallet total payment volume exceeded US$3.4 billion for the first quarter of 2021, more than tripled that of the first quarter of 2020. Moreover, quarterly paying users for our mobile wallet services surpassed 26.1 million in the first quarter.</p><p><b>Conversions of Convertible Notes </b></p><p>Between March 5, 2021 (the date we last disclosed the outstanding principal amount of our convertible notes) and May 10, 2021, we issued an aggregate of approximately 4.8 million shares to settle conversions of our outstanding convertible notes, namely our 2.25% convertible senior notes due 2023 (the “2023 notes”) and our 1.00% convertible senior notes due 2024 (the “2024 notes”). In aggregate, such conversions are estimated to result in more than US$8.3 million of saving to us in future interest payments.</p><p>As of May 10, 2021, we had 524,433,502 ordinary shares issued and outstanding and approximately US$33.5 million, US$825.1 million and US$1.15 billion principal amount of the 2023 notes, 2024 notes and 2.375% convertible senior notes due 2025 remaining outstanding, respectively.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171834722","content_text":"Sea Limited today announced its financial results for the first quarter ended March 31, 2021.Sea reported quarterly losses of $(0.62) per share which missed the analyst consensus estimate of $(0.53) by 16.98 percent. This is a 19.23 percent decrease over losses of $(0.52) per share from the same period last year. The company reported quarterly sales of $1.80 billion which missed the analyst consensus estimate of $1.81 billion by 0.55 percent. This is a 96.95 percent increase over sales of $913.92 million the same period last year.Sea stock tumbled 7% once in premarket trading.First Quarter 2021 Highlights ▪ Group o Total GAAP revenue was US$1.8 billion, up 146.7% year-on-year.o Total gross profit was US$645.4 million, up 212.1% year-on-year.o Total adjusted EBITDA1 was US$88.1 million compared to US$(69.9) million for the first quarter of 2020.▪ Digital Entertainment o Bookings2 were US$1.1 billion, up 117.4% year-on-year.o Adjusted EBITDA1 was US$717.3 million, up 140.4% year-on-year.o Adjusted EBITDA represented 64.4% of bookings for the first quarter of 2021, compared to 58.2% for the first quarter of 2020.o GAAP revenue was US$781.3 million, up 111.4% year-on-year.o Quarterly active users (“QAUs”) reached 648.8 million, an increase of 61.4% yearon-year.o Quarterly paying users grew by 123.5% year-on-year to 79.8 million, and represented 12.3% of QAUs for the first quarter compared to 8.9% for the same period in 2020.o Average bookings per user were US$1.7, compared to US$1.3 for the first quarter of 2020.o Our self-developed global hit game, Free Fire, continued to be the highest grossing mobile game in Latin America, Southeast Asia and India for the first quarter of 2021, according to App Annie3 . Free Fire has maintained this leading position for the past seven consecutive quarters in Latin America and Southeast Asia, and two consecutive quarters in India.▪ E-commerce o GAAP revenue was US$922.3 million, up 250.4% year-on-year.o GAAP revenue included US$715.9 million of GAAP marketplace revenue4, up 285.0% year-on-year, and US$206.4 million of GAAP product revenue 5, up 167.1% year-on-year.o Gross orders totaled 1.1 billion, an increase of 153.0% year-on-year.o Gross merchandise value (“GMV”) was US$12.6 billion, an increase of 103.2% year-on-year.o Adjusted EBITDA1 was US$(412.9) million compared to US$(264.1) million for the first quarter of 2020. Adjusted EBITDA loss per order decreased by 37.7% year-on-year to US$0.38, compared to US$0.61 for the first quarter of 2020.o Both in Southeast Asia and in Taiwan, Shopee ranked first in the Shopping category by average monthly active users and total time spent in app on Android for the first quarter of 2021, according to App Annie3.o In Indonesia, where Shopee further accelerated its year-on-year growth in gross orders, it continued to rank first by average monthly active users and total time spent in app on Android in the Shopping category for the first quarter of 2021, according to App Annie.Digital Financial Services Update We continued to see strong growth in the adoption of SeaMoney’s offerings. Our mobile wallet total payment volume exceeded US$3.4 billion for the first quarter of 2021, more than tripled that of the first quarter of 2020. Moreover, quarterly paying users for our mobile wallet services surpassed 26.1 million in the first quarter.Conversions of Convertible Notes Between March 5, 2021 (the date we last disclosed the outstanding principal amount of our convertible notes) and May 10, 2021, we issued an aggregate of approximately 4.8 million shares to settle conversions of our outstanding convertible notes, namely our 2.25% convertible senior notes due 2023 (the “2023 notes”) and our 1.00% convertible senior notes due 2024 (the “2024 notes”). In aggregate, such conversions are estimated to result in more than US$8.3 million of saving to us in future interest payments.As of May 10, 2021, we had 524,433,502 ordinary shares issued and outstanding and approximately US$33.5 million, US$825.1 million and US$1.15 billion principal amount of the 2023 notes, 2024 notes and 2.375% convertible senior notes due 2025 remaining outstanding, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889496387,"gmtCreate":1631165977249,"gmtModify":1631889675815,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/02343\">$PACIFIC BASIN(02343)$</a>Sold half and let it run 🤷♂️","listText":"<a href=\"https://laohu8.com/S/02343\">$PACIFIC BASIN(02343)$</a>Sold half and let it run 🤷♂️","text":"$PACIFIC BASIN(02343)$Sold half and let it run 🤷♂️","images":[{"img":"https://static.tigerbbs.com/6e742591a659b331b38271255294db92","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889496387","isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":815644028,"gmtCreate":1630677823364,"gmtModify":1631884305247,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>Consolidation phase before launching again 🚀 Bye Intel","listText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>Consolidation phase before launching again 🚀 Bye Intel","text":"$AMD(AMD)$Consolidation phase before launching again 🚀 Bye Intel","images":[{"img":"https://static.tigerbbs.com/198942f59fbe35d7f7b6575c0794c0e2","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/815644028","isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":815641258,"gmtCreate":1630677631174,"gmtModify":1631884810194,"author":{"id":"3580103202665936","authorId":"3580103202665936","name":"Mingjun","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580103202665936","authorIdStr":"3580103202665936"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MELI\">$MercadoLibre(MELI)$</a>Latin America version of SEA 🚀","listText":"<a href=\"https://laohu8.com/S/MELI\">$MercadoLibre(MELI)$</a>Latin America version of SEA 🚀","text":"$MercadoLibre(MELI)$Latin America version of SEA 🚀","images":[{"img":"https://static.tigerbbs.com/c4f39a3e5561ab5cc21d9c39bb644e4b","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/815641258","isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}