Citi Maintains Sea(SE.US) With Buy Rating, Announces Target Price $90
Citi analyst Alicia Yap maintains $Sea(SE.US)$ with a buy rating, and sets the target price at $90.According to TipRanks data, the analyst has a success rate of 35.5% and a total average return of -4.
US stocks are active | Sea's stock rose more than 3.8%, its subsidiaries Shopee and YouTube launched online shopping services in Indonesia.
On September 19, e-commerce platform Shopee's parent company Sea (SE.US) rose more than 3.8%, reaching $85.55. On the news front, YouTube and Shopee announced plans to launch an online shopping service in India and expand the service in Southeast Asia. This service, called YouTube Shopping, allows users to browse products on YouTube and purchase them directly through Shopee's link. The service is planned to expand to Thailand and Vietnam in the coming weeks.
YouTube and Shopee collaborate to launch an online shopping service in Indonesia.
On September 19th, Galonghui announced that YouTube and e-commerce platform Shopee will launch an online shopping service in India and plan to expand the service in Southeast Asia. This service, called YouTube Shopping, allows users to browse products on YouTube and purchase them directly through Shopee's links. The service is planned to expand to Thailand and Vietnam in the coming weeks. When asked about the scale of cooperation with Shopee, YouTube's APAC Director, Ajay Vidyasagar, said that the scale of cooperation is very large.
Asian Equities Traded in the US as American Depositary Receipts Edge Up in Wednesday Trading
Express News | Jakarta - Alphabet's YouTube and Sea's Shopee Launch "YouTube Shopping" in Indonesia; Plan to Launch in Thailand and Vietnam Soon
Form 144 | Sea(SE.US) Insider Proposes to Sell 51.12 Million in Common Stocks
SEC FILLINGS DISCLOSED/ Sep 17, $Sea(SE.US)$ Insider Alpha Ally Holdings Limited intends to sell 640K shares of its common stock on Sep 17, with a total market value of approximately $51.12 million.