Latest news with #Sea
Associated Press
a day ago
- Business
- Associated Press
Gebrüder Weiss Expands into Thailand
International Logistics company continues to expand its network in South-East Asia to provide air and sea freight transportation, customs handling and cross-border land transport Bangkok, Thailand and Lauterach, Austria--(Newsfile Corp. - May 30, 2025) - Gebrüder Weiss is set to open a new country organization in Thailand on June 1, 2025. The international transport and logistics company is strengthening its market presence in Southeast Asia and expanding its network in one of the world's most economically dynamic regions. 'The new country organization allows us to close a strategic gap and create direct connections to central Asia-Pacific markets for our customers,' says Lothar Thoma, Managing Director Air & Sea at Gebrüder Weiss. 'Thailand is an important export location with strong trade links to the USA, China, Japan, Australia, and Singapore - markets where we are also represented with locations of our own.' In 2024, Thailand posted export volumes worth approximately $ 300 billion, up 5 percent from the previous year. Industrial goods account for the majority of outbound trade at 86 percent, with key categories including electronics, vehicles, machinery, and food. The team of 20 employees in Bangkok provides international air and sea freight transportation, customs handling, and national and cross-border land transport services. 'Our employees have many years of experience in international transport management. In the medium term, we are aiming to expand our services in Thailand to include warehouse logistics, with a particular focus on the automotive and high-tech sectors,' says Cristian Predan, Director South-East Asia at Gebrüder Weiss. With its entry into the Thai market, Gebrüder Weiss now has an active presence in nine countries across the East and South-East Asia region and Oceania. These include Australia, Greater China, Japan, Malaysia, New Zealand, Singapore, South Korea, and Vietnam. The regional network now spans 35 locations with around 800 employees. [ This image cannot be displayed. Please visit the source: ] Gebrüder Weiss opens a new location in Thailand. Here: the team in Bangkok. (Source: Gebrüder Weiss) To view an enhanced version of this graphic, please visit: [ This image cannot be displayed. Please visit the source: ] Laem Chabang container port is Thailand's most important seaport and a central hub for international trade. (Source: GettyImages) To view an enhanced version of this graphic, please visit: [ This image cannot be displayed. Please visit the source: ] Lothar Thoma, Managing Director Air & Sea at Gebrüder Weiss (Source: Gebrüder Weiss / Ohligschläger) To view an enhanced version of this graphic, please visit: [ This image cannot be displayed. Please visit the source: ] Cristian Predan, Director South-East Asia at Gebrüder Weiss. (Source: Gebrüder Weiss / Serra) To view an enhanced version of this graphic, please visit: [ This image cannot be displayed. Please visit the source: ] From Tokyo to Sydney: The Gebrüder Weiss network in China, South-East Asia, and Oceania includes 35 locations. (Source: Gebrüder Weiss) To view an enhanced version of this graphic, please visit: [ This image cannot be displayed. Please visit the source: ] Gebrüder Weiss locations in Australia and New Zealand (source: Gebrüder Weiss) To view an enhanced version of this graphic, please visit: About Gebrüder Weiss Gebrüder Weiss, a global freight forwarder with a core business of overland transport, air, and sea freight and logistics, is the world's oldest transport company with a history that dates back more than half a millennium. The family-owned company employs more than 8,600 people worldwide and boasts 180 company-owned locations. The business presence in North America includes headquarters in Chicago and offices in Atlanta, Boston, Dallas, Denver, El Paso, Houston, Laredo, Los Angeles, Miami, New York, Phoenix, Salt Lake City, San Francisco, Montreal, Toronto, and Vancouver. The company has implemented a wide range of environmental, economic, and social initiatives and is recognized as a pioneer in sustainable business practices. The company's emphasis on superior customer service pairs customized solutions with a single point of contact to provide customers with focused, reliable, and efficient strategic solutions. North American Contact: Karolyn Raphael Public Relations for Gebrüder Weiss [email protected] 312-494-0422 To view the source version of this press release, please visit
Yahoo
a day ago
- Business
- Yahoo
Gebrüder Weiss Expands into Thailand
International Logistics company continues to expand its network in South-East Asia to provide air and sea freight transportation, customs handling and cross-border land transport Bangkok, Thailand and Lauterach, Austria--(Newsfile Corp. - May 30, 2025) - Gebrüder Weiss is set to open a new country organization in Thailand on June 1, 2025. The international transport and logistics company is strengthening its market presence in Southeast Asia and expanding its network in one of the world's most economically dynamic regions. "The new country organization allows us to close a strategic gap and create direct connections to central Asia-Pacific markets for our customers," says Lothar Thoma, Managing Director Air & Sea at Gebrüder Weiss. "Thailand is an important export location with strong trade links to the USA, China, Japan, Australia, and Singapore - markets where we are also represented with locations of our own." In 2024, Thailand posted export volumes worth approximately $ 300 billion, up 5 percent from the previous year. Industrial goods account for the majority of outbound trade at 86 percent, with key categories including electronics, vehicles, machinery, and food. The team of 20 employees in Bangkok provides international air and sea freight transportation, customs handling, and national and cross-border land transport services. "Our employees have many years of experience in international transport management. In the medium term, we are aiming to expand our services in Thailand to include warehouse logistics, with a particular focus on the automotive and high-tech sectors," says Cristian Predan, Director South-East Asia at Gebrüder Weiss. With its entry into the Thai market, Gebrüder Weiss now has an active presence in nine countries across the East and South-East Asia region and Oceania. These include Australia, Greater China, Japan, Malaysia, New Zealand, Singapore, South Korea, and Vietnam. The regional network now spans 35 locations with around 800 employees. Gebrüder Weiss opens a new location in Thailand. Here: the team in Bangkok. (Source: Gebrüder Weiss) To view an enhanced version of this graphic, please visit: Laem Chabang container port is Thailand's most important seaport and a central hub for international trade. (Source: GettyImages) To view an enhanced version of this graphic, please visit: Lothar Thoma, Managing Director Air & Sea at Gebrüder Weiss (Source: Gebrüder Weiss / Ohligschläger) To view an enhanced version of this graphic, please visit: Cristian Predan, Director South-East Asia at Gebrüder Weiss. (Source: Gebrüder Weiss / Serra) To view an enhanced version of this graphic, please visit: From Tokyo to Sydney: The Gebrüder Weiss network in China, South-East Asia, and Oceania includes 35 locations. (Source: Gebrüder Weiss) To view an enhanced version of this graphic, please visit: Gebrüder Weiss locations in Australia and New Zealand (source: Gebrüder Weiss) To view an enhanced version of this graphic, please visit: About Gebrüder WeissGebrüder Weiss, a global freight forwarder with a core business of overland transport, air, and sea freight and logistics, is the world's oldest transport company with a history that dates back more than half a millennium. The family-owned company employs more than 8,600 people worldwide and boasts 180 company-owned locations. The business presence in North America includes headquarters in Chicago and offices in Atlanta, Boston, Dallas, Denver, El Paso, Houston, Laredo, Los Angeles, Miami, New York, Phoenix, Salt Lake City, San Francisco, Montreal, Toronto, and Vancouver. The company has implemented a wide range of environmental, economic, and social initiatives and is recognized as a pioneer in sustainable business practices. The company's emphasis on superior customer service pairs customized solutions with a single point of contact to provide customers with focused, reliable, and efficient strategic solutions. North American Contact:Karolyn Raphael Public Relations for Gebrüder Weisskarolyn@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
BofA Takes Wait-and-See Approach on Sea Ltd. (SE)
On Tuesday, May 27, Bank of America Securities analyst Sachin Salgaonkar maintained a Hold rating on Sea Limited (NYSE:SE), keeping the price target unchanged at $170. Sea's stock has risen 55% year-to-date, and the analyst notes that its current valuation looks expensive based on its 2026 forward price-to-earnings (P/E) ratio, particularly when compared to other e-commerce peers. An e-commerce platform displaying a wide range of products to customers online. Salgaonkar highlighted that due to the high valuation, some hedge funds have begun trimming their positions after achieving solid gains earlier this year. At the same time, he maintains that many long-term investors remain optimistic about the company's prospects. A key focus for investors in the coming quarters is the potential for EBITDA margin improvement at Shopee, Sea's e-commerce platform. However, the analyst does not expect any meaningful upside in this area. He also emphasized the need for greater clarity regarding the quality of the fintech division's loan portfolio, which remains under scrutiny. Additionally, Salgaonkar believes the company must work on expanding its e-commerce margins, which could help support a higher valuation over time. Sea Ltd. is a consumer internet holding company. It operates three core businesses of e-commerce, digital financial services, and digital entertainment, known as Shopee, SeaMoney, and Garena, respectively. While we acknowledge the potential of SE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SE and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
4 days ago
- Business
- Yahoo
All Aboard the Sea Limited Stock (SE) Rally
Since reaching its lowest point in early 2024, Sea Limited's (SE) stock has experienced a consistent upward trajectory. This positive performance aligns with the company's strategic efforts over the past few years to reverse negative cash flows, accelerate revenue growth, and enhance operational efficiency, contributing to steadily improving operating margins. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Sea Limited's Q1 results reaffirmed its positive momentum, setting a strong tone for the start of 2025. Management reinforced this trajectory with confident forward guidance, which was well-received by the market and helped sustain bullish sentiment. However, given the stock's significant gains and the progress already reflected in its valuation, much of the current optimism appears to be priced in. That said, Sea's underlying fundamentals and long-term growth prospects continue to support a constructive investment case. While the upside potential may now be more moderate, I maintain a cautiously bullish outlook on SE. For those less familiar, Sea Limited is widely seen as the leading tech conglomerate in Southeast Asia. It dominates the e-commerce space through its Shopee platform, expands rapidly in fintech via its Monee division, and maintains a strong presence in gaming with hits like Free Fire under its Garena segment. Sea's stock has performed incredibly well, climbing from around $71 per share over the past year to recent highs near $160. The company's strong revenue growth has been a key driver behind this surge. After slowing down in 2023 and early 2024, Sea has reaccelerated its growth over several consecutive quarters, from just 4.8% year-over-year to rates between 23% and 36% last year. This rebound has been led by Shopee, which had been losing momentum but has regained market share in various Southeast Asian countries, especially in Latin America, where it's now the second-largest player. Strategic investments in logistics and a more profitable product mix have also played a significant role in driving this turnaround. Beyond top-line performance, the company has also turned profitable over the past two years, maintaining positive operating margins for multiple quarters. Back in 2022, Sea's operating margin was around -15%. That figure has improved to about 5% over the last twelve months, thanks to tighter cost control, lower customer acquisition costs, and a focus on expanding in higher-margin markets. Cash flow from operations has been even more impressive, reaching 19% of revenue over the trailing twelve months—a strong indicator of financial health, especially for a company operating in capital-heavy industries like e-commerce and digital finance. Two weeks ago, Sea Limited reported its Q1 earnings, and they definitely helped confirm the bullish momentum behind the stock's massive rally over the past year. The headline was a 30% year-over-year jump in revenue to $4.84 billion, but even more impressive was the GAAP net income of $410.8 million—a major turnaround from a $23 million loss in the same quarter last year. Shopee was the standout performer, generating $3.5 billion in revenue—a 28% year-over-year increase—fueled by 21% growth in gross merchandise volume (GMV), improved take rates, and enhanced advertising monetization. Core marketplace revenue rose by 39%, indicating higher transaction volumes and increased profitability per transaction. Notably, Shopee's significant investment in logistics is showing strong returns, with EBITDA improving from a $22 million loss in the same quarter last year to a $264 million profit this quarter. But Sea Limited isn't just about Shopee. The fintech arm, Monee, also showed strong momentum with revenues up 58% year-over-year to $787.1 million, and its user base growing by 50% to reach 28 million. If that wasn't enough, after struggling for several quarters, Garena delivered a solid comeback, with bookings of $775.4 million (up 51% YoY) and adjusted EBITDA rising 57% to $458.2 million. Overall, it was a stellar quarter across the board. In addition to the strong revenue and margin improvements, Sea also showed healthy cash generation and a rock-solid balance sheet. Unlike in 2022, when it was burning cash, the company now holds $8.6 billion in cash and short-term investments, with no near-term liquidity concerns in sight. The solid guidance from management is more important than just the reassuring quarterly numbers, especially on the bottom line. With a strong start to the year, CEO Forrest Li expressed confidence in hitting their full-year targets. Management expects robust double-digit growth across key segments in 2025, and analysts have taken notice, raising EPS growth expectations by 6% for FY2025 and 5% for FY2026 after Q1 results. That said, when we look at the stock's valuation after its huge run-up, some caution is warranted. Sea Limited's forward price-to-sales ratio is now sitting at 4.6x—the highest it's been in the past three years. That's almost double the average of 2.6x during that time and well above the 1.2x multiple seen at the start of 2024. Of course, high valuations can still be justified if margins are improving and long-term profitability is clearly on the horizon, which does seem to be the case here. That's the key reason investors are willing to pay a premium today. So, I wouldn't say the stock is overvalued because it's trading near its historical highs. But with less of a margin of safety, the upside could be more limited from here, unless the company continues to deliver stronger growth to match these higher expectations. Wall Street sentiment toward Sea Limited remains largely positive. Of the 16 analysts who have issued ratings over the past three months, 12 recommend the stock as a Buy, while four have assigned a Hold rating. However, the potential upside appears relatively limited at current levels. SE's average price target of $171.63 implies a modest 4.8% increase from the current share price. Sea Limited offers compelling support for a strong, long-term bullish outlook. Robust revenue growth—driven primarily by Shopee's expansion—along with solid performance from Monee and a Garena recovery, reflects a well-diversified and strengthening business. These gains, improving margins, and a healthy cash position contribute to a promising overall picture. While valuation multiples appear elevated and may limit short—to medium-term upside following the stock's strong rally over the past year, the momentum remains positive. I maintain a cautiously optimistic long-term view on SE, as its premium valuation is arguably justified by its consistent progress toward sustainable profitability. Disclaimer & DisclosureReport an Issue Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
5 days ago
- Business
- Business Insider
All Aboard the Sea Limited Stock (SE) Rally
Since reaching its lowest point in early 2024, Sea Limited's (SE) stock has experienced a consistent upward trajectory. This positive performance aligns with the company's strategic efforts over the past few years to reverse negative cash flows, accelerate revenue growth, and enhance operational efficiency, contributing to steadily improving operating margins. Confident Investing Starts Here: Sea Limited's Q1 results reaffirmed its positive momentum, setting a strong tone for the start of 2025. Management reinforced this trajectory with confident forward guidance, which was well-received by the market and helped sustain bullish sentiment. However, given the stock's significant gains and the progress already reflected in its valuation, much of the current optimism appears to be priced in. That said, Sea's underlying fundamentals and long-term growth prospects continue to support a constructive investment case. While the upside potential may now be more moderate, I maintain a cautiously bullish outlook on SE. Shopee's Comeback and Sea's Rising Tide For those less familiar, Sea Limited is widely seen as the leading tech conglomerate in Southeast Asia. It dominates the e-commerce space through its Shopee platform, expands rapidly in fintech via its Monee division, and maintains a strong presence in gaming with hits like Free Fire under its Garena segment. Sea's stock has performed incredibly well, climbing from around $71 per share over the past year to recent highs near $160. The company's strong revenue growth has been a key driver behind this surge. After slowing down in 2023 and early 2024, Sea has reaccelerated its growth over several consecutive quarters, from just 4.8% year-over-year to rates between 23% and 36% last year. This rebound has been led by Shopee, which had been losing momentum but has regained market share in various Southeast Asian countries, especially in Latin America, where it's now the second-largest player. Strategic investments in logistics and a more profitable product mix have also played a significant role in driving this turnaround. Beyond top-line performance, the company has also turned profitable over the past two years, maintaining positive operating margins for multiple quarters. Back in 2022, Sea's operating margin was around -15%. That figure has improved to about 5% over the last twelve months, thanks to tighter cost control, lower customer acquisition costs, and a focus on expanding in higher-margin markets. Cash flow from operations has been even more impressive, reaching 19% of revenue over the trailing twelve months—a strong indicator of financial health, especially for a company operating in capital-heavy industries like e-commerce and digital finance. Mighty Quarter Fuels Sea's Momentum Two weeks ago, Sea Limited reported its Q1 earnings, and they definitely helped confirm the bullish momentum behind the stock's massive rally over the past year. The headline was a 30% year-over-year jump in revenue to $4.84 billion, but even more impressive was the GAAP net income of $410.8 million—a major turnaround from a $23 million loss in the same quarter last year. Shopee was the standout performer, generating $3.5 billion in revenue—a 28% year-over-year increase—fueled by 21% growth in gross merchandise volume (GMV), improved take rates, and enhanced advertising monetization. Core marketplace revenue rose by 39%, indicating higher transaction volumes and increased profitability per transaction. Notably, Shopee's significant investment in logistics is showing strong returns, with EBITDA improving from a $22 million loss in the same quarter last year to a $264 million profit this quarter. But Sea Limited isn't just about Shopee. The fintech arm, Monee, also showed strong momentum with revenues up 58% year-over-year to $787.1 million, and its user base growing by 50% to reach 28 million. If that wasn't enough, after struggling for several quarters, Garena delivered a solid comeback, with bookings of $775.4 million (up 51% YoY) and adjusted EBITDA rising 57% to $458.2 million. Overall, it was a stellar quarter across the board. In addition to the strong revenue and margin improvements, Sea also showed healthy cash generation and a rock-solid balance sheet. Unlike in 2022, when it was burning cash, the company now holds $8.6 billion in cash and short-term investments, with no near-term liquidity concerns in sight. High Hopes and High Multiples The solid guidance from management is more important than just the reassuring quarterly numbers, especially on the bottom line. With a strong start to the year, CEO Forrest Li expressed confidence in hitting their full-year targets. Management expects robust double-digit growth across key segments in 2025, and analysts have taken notice, raising EPS growth expectations by 6% for FY2025 and 5% for FY2026 after Q1 results. That said, when we look at the stock's valuation after its huge run-up, some caution is warranted. Sea Limited's forward price-to-sales ratio is now sitting at 4.6x—the highest it's been in the past three years. That's almost double the average of 2.6x during that time and well above the 1.2x multiple seen at the start of 2024. Of course, high valuations can still be justified if margins are improving and long-term profitability is clearly on the horizon, which does seem to be the case here. That's the key reason investors are willing to pay a premium today. So, I wouldn't say the stock is overvalued because it's trading near its historical highs. But with less of a margin of safety, the upside could be more limited from here, unless the company continues to deliver stronger growth to match these higher expectations. Is SE Stock a Buy or Sell? Wall Street sentiment toward Sea Limited remains largely positive. Of the 16 analysts who have issued ratings over the past three months, 12 recommend the stock as a Buy, while four have assigned a Hold rating. However, the potential upside appears relatively limited at current levels. SE's average price target of $171.63 implies a modest 4.8% increase from the current share price. Plenty of Wind in the Sails, Just Mind the Price Tag Sea Limited offers compelling support for a strong, long-term bullish outlook. Robust revenue growth—driven primarily by Shopee's expansion—along with solid performance from Monee and a Garena recovery, reflects a well-diversified and strengthening business. These gains, improving margins, and a healthy cash position contribute to a promising overall picture. While valuation multiples appear elevated and may limit short—to medium-term upside following the stock's strong rally over the past year, the momentum remains positive.
