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Sea Limited's Gaming Business Marched Ahead With Its Turnaround Efforts

TheMotleyFool

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Sea Limited's Gaming Business Marched Ahead With Its Turnaround Efforts: https://g.foolcdn.com/editorial/images/779180/video-games-mobile-cellphone-getty-8117.jpg

Sea Limited's (NYSE: SE) gaming business, Garena, is a classic example of a fallen angel.

It went from being a fast-growing and highly profitable gem to a problem child, enduring a continuous cycle of falling revenue and profitability for many quarters.

However, green shoots indicate that the gaming company hit the bottom in the second half of 2023 and is set for better times in 2024 and beyond.

Source Fool.com

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