$Sea Ltd(SE)$ Sea Limited’s (NYSE: SE) high potential is based on its strong performance and strategic initiatives.
Shopee, Sea’s e-commerce segment, continues to exhibit robust growth, with significant margin improvement and strong YoY revenue growth. The platform’s double-digit increase in gross orders QoQ demonstrates its increasing user popularity. This growth is attributed to efficiency gains in logistics operations, expanded delivery options, and improved user experiences.
Additionally, the introduction of live streaming and the Shopee Affiliate Program has boosted user engagement and improved Net Promoter Score (NPS), attracting buyers and sellers.
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Comments
Wow this is huge. Indonesia is seeking to ban TikTok shop. I posted just last week that competition from TikTok shop is my biggest concern for Shopee. That threat is now gone. Should be up way, way more today.
i see minimum 3.3 top line for Q3 with Garena uptick. This trend will accelerate into Q4 with an easy 3.4 if not 3.5. Top line will grow minimum 20% to 25% yoy thereafter throughout 2024.
One piece of good news and will jump to $50 instantly.
Still less than 2 times sales. All it takes is a small string of good news for it to rocket higher.
this seems undervalued . I will not on Monday . Does Cathy woods still own this?
This company is too big to fail in Singapore.