Sea Shares Fell 13% in Morning Trading

Tiger Newspress2022-02-14

Sea shares fell 13% in morning trading.

The government of India banned its Garena Free Fire game for download owing to security concerns of the game's code. Free Fire accounts for some 10% of Sea's gaming revenue according to some estimates, but gaming in general - and the optimistic assumptions built into its further growth - have been a key part of Sea's valuation.

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2022-02-15
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