PaladinSir
2023-12-11
$Sea Ltd(SE)$ It's a bit stupid to say now, but if 1.5B can get 75% stake in Tokopedia, SE should have done that instead of Tik Tok since SE has 3.2B cash. Imagine owning 40%+40% of Indonesia market. 


SE could have bought over Tokopedia easily If authorities allow.


Target price for SE after TikTok returns to Indonesia?
TikTok has pledged to invest $1.5 billion in a subsidiary under Indonesia's GoTo Group to revive shopping app services in Indonesia. SE dropped 12% during trading hours. ------------------- What's your target price for SE? Is it worth investing or not?
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

We need your insight to fill this gap
Leave a comment