[Rewards] Sea achieved a record Q3 revenue with net loss narrowed, spiking on e-commerce
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KEY Figures:
● Total Q3 2022 revenue of Sea Limited was $3.2 billion, up 17.4% year-on-year.
● Total net loss was $(569.3) million, improving by 38.9% quarter-on-quarter, but flat YoY.
● Total adjusted EBITDA was $(357.7) million, compared to $(165.5) million for Q3 202...

The shares of Alibaba have received a $205 price target from Benchmark. And Benchmark analyst Fawne Jiang increased the price target on Alibaba from $200 while maintaining a “Buy” rating on the shares.
Jiang is comfortable with the fiscal first quarter projections and sees upside potential amid the recovery in June, especially in the most recent weeks – which will also incrementally help to create a favorable set-up heading into the ...