SEA (Garena) - Page 2 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Companies

Companies Discuss companies and organisations.




SEA (Garena)

Reply
 
Thread Tools
  #11 (permalink)  
Old 26-05-2020, 02:57 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Not the person you are replying to, but could you elaborate further on segment reporting? Basically, how to read the numbers in the report? Looks like big losses to an average Joe
SEA comprises of three main but separate segments. Garena (gaming), Shopee (ecommerce) and SeaMoney (Financial Svcs). Under FRS/IFRS rules, they are required to disclose the key performance for each segment separately. You can get a sense of how each segment are performing by looking at these numbers.

While it is true that SEA (on a consol level) is making losses, these losses primarily stem from Shopee. This is typical for start-ups in the period of growth. Whether this is sustainable or not is another question.

So, it will be unfair and inaccurate to say that just because SEA is making losses on a consol level, the entire SEA is a lousy company.

Reply With Quote
  #12 (permalink)  
Old 26-05-2020, 06:16 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
SEA comprises of three main but separate segments. Garena (gaming), Shopee (ecommerce) and SeaMoney (Financial Svcs). Under FRS/IFRS rules, they are required to disclose the key performance for each segment separately. You can get a sense of how each segment are performing by looking at these numbers.

While it is true that SEA (on a consol level) is making losses, these losses primarily stem from Shopee. This is typical for start-ups in the period of growth. Whether this is sustainable or not is another question.

So, it will be unfair and inaccurate to say that just because SEA is making losses on a consol level, the entire SEA is a lousy company.
I see, thanks a lot for the explanation!

Reply With Quote
  #13 (permalink)  
Old 26-05-2020, 06:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Would you work for Tesla? Tesla was bleeding cash for several years but has since became profitable.

Look at their stock price.

Now look at SEA stock price >> reflection of a high growth company

Reply With Quote
  #14 (permalink)  
Old 26-05-2020, 08:49 PM
Unregistered
Guest
 
Posts: n/a
Default

How can sea possibly compete with Amazon or Alibaba in the e-commerce scene. (Amazon is pretty much available worldwide, Alibaba- taobao is also a big player in the e-commerce scene in Asia)?
Reply With Quote
  #15 (permalink)  
Old 26-05-2020, 11:00 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
SEA comprises of three main but separate segments. Garena (gaming), Shopee (ecommerce) and SeaMoney (Financial Svcs). Under FRS/IFRS rules, they are required to disclose the key performance for each segment separately. You can get a sense of how each segment are performing by looking at these numbers.

While it is true that SEA (on a consol level) is making losses, these losses primarily stem from Shopee. This is typical for start-ups in the period of growth. Whether this is sustainable or not is another question.

So, it will be unfair and inaccurate to say that just because SEA is making losses on a consol level, the entire SEA is a lousy company.
yeah come on, seamoney (formerly airpay) is equally sh!t la hor

nothing except garena is good.
and the only saving grace is league of legends.

so you wanna buy into sea group just for 1 online multiplayer game? LEL
Reply With Quote
  #16 (permalink)  
Old 27-05-2020, 04:36 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
How can sea possibly compete with Amazon or Alibaba in the e-commerce scene. (Amazon is pretty much available worldwide, Alibaba- taobao is also a big player in the e-commerce scene in Asia)?
Well, Amazon got kicked in the teeth in China so bad that they can to move out of the country.

In SEA, the fight is still on-going and while there are many players like Lazada, Shopee is doing well enough on it's own.
Reply With Quote

  #17 (permalink)  
Old 27-05-2020, 06:52 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
yeah come on, seamoney (formerly airpay) is equally sh!t la hor

nothing except garena is good.
and the only saving grace is league of legends.

so you wanna buy into sea group just for 1 online multiplayer game? LEL
Work at Riot Games SG if you wanna focus on LoL.
Reply With Quote
  #18 (permalink)  
Old 02-07-2020, 04:48 PM
Unregistered
Guest
 
Posts: n/a
Default

don't need talk so much. just see this, fresh from the oven

s://.businesstimes.com.sg/garage/brokers-take-dbs-downgrades-sea-to-sell-on-e-wallet-drag-rich-valuations?utm_source=telegram&utm_medium=social-organic
Reply With Quote
  #19 (permalink)  
Old 21-01-2021, 10:47 PM
Unregistered
Guest
 
Posts: n/a
Default

lol where are all the people who were trashing SEA?
Reply With Quote
  #20 (permalink)  
Old 04-04-2021, 02:38 PM
Unregistered
Guest
 
Posts: n/a
Default

Progression, salary, culture? Anyone?
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


» 30 Recent Threads
Hospital (Private or Public)... ( 1 2 3... Last Page)
1,741 Replies, 863,734 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
1,319 Replies, 788,006 Views
Career as Teacher ( 1 2 3... Last Page)
13,096 Replies, 8,807,440 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
440 Replies, 872,249 Views
ST Electronics ( 1 2 3... Last Page)
4,310 Replies, 2,119,010 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
7,361 Replies, 4,734,181 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
21,821 Replies, 7,108,165 Views
GovTech ( 1 2 3... Last Page)
9,028 Replies, 3,709,282 Views
Dyson ( 1 2 3... Last Page)
41 Replies, 56,028 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,731 Replies, 1,059,563 Views
Working Culture in IRAS ( 1 2 3... Last Page)
157 Replies, 261,928 Views
How is life as a doctor in... ( 1 2 3... Last Page)
10,987 Replies, 4,577,550 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,748 Replies, 1,511,243 Views
Lawyer Salary ( 1 2 3... Last Page)
22,514 Replies, 12,674,637 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
6,592 Replies, 5,726,572 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,302 Replies, 856,554 Views
Compare civil service salary ( 1 2 3... Last Page)
17,007 Replies, 14,736,609 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,948 Replies, 5,790,471 Views
Work culture in IHiS ( 1 2 3... Last Page)
930 Replies, 757,616 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,949 Replies, 1,867,912 Views
Roles in accenture singapore ( 1 2 3... Last Page)
9,118 Replies, 3,219,148 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
1,258 Replies, 811,537 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,066 Replies, 581,910 Views
Engineer Pay ( 1 2 3... Last Page)
690 Replies, 554,419 Views
Achievers Dream Learning Centre,... ( 1 2 3... Last Page)
36 Replies, 7,772 Views
Work life and culture as a Project...
6 Replies, 2,154 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
2,122 Replies, 2,001,117 Views
If you can't find a company here... ( 1 2 3... Last Page)
160 Replies, 78,829 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,795 Replies, 1,540,703 Views
Open Government Products (under... ( 1 2 3... Last Page)
31 Replies, 40,171 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:09 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2