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Is Sea Stock a Buy After Promising to Slash Expenses?

Is Sea Stock a Buy After Promising to Slash Expenses?

Shares of Sea Limited (NYSE: SE), southeast Asia's leading internet company, continue their wild ride. Sea's e-commerce business Shoppee is expected to reach breakeven by the end of 2023, but its profitable video game segment Garena (led by the global hit Free Fire) still struggles as many gamers return to work or school. With a long and hard road ahead of it, is now the time to buy Sea stock?