Sea Limited (NYSE: SE) was down over 8% at one point on Tuesday, July 27, with no significant news that could have caused the price drop. In today's video I look at fundamentals and recent news for Sea Limited, and below I share a few highlights from the video. Tencent (OTC: TCEHY) and numerous Chinese stocks were down on Tuesday, as investors became more wary of investing in Chinese-based stocks due to governmental interference in multiple companies. Even though Sea Limited is not a Chinese-based company, Tencent owns roughly 22% of Sea Limited. Sea Limited is a company that focuses on three high-growth markets: e-commerce, gaming, and fintech. The segment that Sea Limited makes most of its money from is gaming, and this is where it overlaps with Tencent. Garena, Sea Limited's gaming platform, has numerous games that people in Southeast Asia can play. Some of the games on this platform are brought through licensing deals and its partnership with Tencent. The fear of Tencent having some impact on Sea Limited's future revenue could have sparked some fear in investors. *Stock prices used were the midday prices of July 27, 2021. The video was published on July 27, 2021.10 stocks we like better than Sea LimitedWhen our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Sea Limited wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 7, 2021 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Jose Najarro owns shares of Alphabet (C shares), Sea Limited, and Tencent Holdings. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Sea Limited, and Tencent Holdings. The Motley Fool recommends the following options: long January 2022 $75 calls on Activision and short January 2022 $75 puts on Activision. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.Source