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I'm Cautiously Optimistic About Sea Limited's Gaming Business Turnaround. Here's Why.

I'm Cautiously Optimistic About Sea Limited's Gaming Business Turnaround. Here's Why.

Once a gem within Singapore tech conglomerate Sea Limited (NYSE: SE), Garena has fallen from grace as revenue and profitability declined massively over the last few quarters. It didn't help that this game development business had to temporarily halt its operations of Freefire apps in India due to a regulatory ban. Garena was already doing well, but when the COVID-19 pandemic hit, demand went through the roof amid global lockdowns.