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Showing posts with the label #top-stories

Ocean's clandestine very rich person CEO opens up after 75% stock decline

 Last Monday, Sea Ltd representatives were beginning their week when an email from Chief Executive Officer Forrest Li showed up. In the 900-word update, the very rich person took on a remorseful tone, tending to head-on a US$150 billion dive in his organization's worth since late 2021. "This drop is excruciating, and you may be feeling disappointed, dampened, or stressed over Sea's future," the 44-year-old wrote in his email seen by Bloomberg News, sent all inclusive the primary working day after Sea indented its third-greatest stock downfall. "Try not to fear: we are in a solid position inside, and we are sure about our following stages. This is momentary agony that we need to persevere to really amplify our drawn out potential." Li's note was strange and highlights changes in progress at the gaming and internet business monster. As of late, with the business developing quickly, the author addressed his soldiers chiefly to celebrate key achievements. Ho...