Why is SE considered as a good company? It is only a copycat. The business model is outdated. $BABA and many other companies were the pioneers in the early 2000s. now it is 2021.
This company will eventually be profitable, sure. But think again if you think it is the next Amazon. To be the next Amazon, you have to be innovative. Copying business models from 20 years ago and applying it to a fragmented market like South East Asia is not going to make it.
$Sea Ltd(SE)$
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