NYSE-listed online games publisher and e-commerce player Sea Ltd seems to have sold its growth story built on multiple monetisation streams in its core businesses to investors.
The Singapore-based company’s stock, which was languishing at $10.06 in May last year, bounced back to cross $33 in June 2019. Its shares closed Thursday at $33.77, giving it a $15.02-billion market cap and making it one of the most valuable startups to emerge from Southeast Asia.
