Sea Limited: No More TikTok - $8.4B Of GMV Up For Grabs

Seekingalpha2023-09-30

SE's prospects in Indonesia are highly promising, due to the immediate ban on TikTok's presence, with the platform's estimated 2023 GMV of $8.4B up for grabs.The ban may benefit pure-play e-commerce ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • navoyhot
    2023-09-30
    navoyhot
    Social media company should establish separate and  independent e-commerce company
  • navoyhot
    2023-09-30
    navoyhot
    Asean countries should follow Indonesia regulatory moves to boost tax income
  • hippyboy
    2023-09-30
    hippyboy
    Flogging a dead horse πŸ˜‚
  • Guavaxf30
    2023-09-30
    Guavaxf30
    I am sure that revenue may get a lift but not sure about the bottom-lined benefit. Cost of sales to fulfilling orders ae just not optimal in an inflationary and growing cost environment.  Indonesia, like many other developing countries, are getting more costly too. Of course, forget about Singapore.... 
Leave a comment
4
5