Here's Why Sea Limited Stock Rose by 18% Last Month
The Motley Fool
MAY 6, 2024
In 2023, the Shopee platform had adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) of negative $214 million. For comparison, its other two business segments had positive earnings. In the fourth quarter of 2023, a whopping 72% of the company's revenue was from its Shopee platform.
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