$Sea Ltd(SE)$ E-commerce can only get more entrenched when people are hooked on the convenience of buying at the click of a mouse. It is getting so prevalent that retail stores are feeling the pinch. It doesn't matter which country. So when actions become habit and more and more people get intobuying online then we can be quite certain that sales will keep improving. Especially for SE Asia where Shopee has a major presence, people are growing in purchasing power ashousehold incomes rise. Vietnam in particular.
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
The "Growth"? But how, and where, and what area to drive? Plus, the global environment has changed, free money is gone. Tiktok and Alibaba are pushing behind. SE could only go down until they prove themselves in next Q report.
Weak volume, no one’s buying this. They know fundamentally it’s just not a great company.
Time to load more.. another opportunity here!!