CY09
2022-05-18

$Sea Ltd(SE)$The latest results shows that the growth story has disintegrated. Profits earned from Garena is declining and losses from Shopee is growing. GMV has slowed and seamoney is not growing fast

Sea Money is unlikely to be the Winner in South East Asia Space

No doubt, South East Asia has a large population of unbanked individuals where Sea could tap on. However, it has two major competitors in Grab and Go-to.

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Comments

  • PandoraHaggai
    2022-05-18
    PandoraHaggai
    Actually I think it's a good choice to buy SE now.
  • BurnellStella
    2022-05-18
    BurnellStella
    Don't worry man, I believe SEA will get better and better.
  • HilaryWilde
    2022-05-18
    HilaryWilde
    So you think GRAB will be even better than SEA?
  • MR_Wu
    2022-05-18
    MR_Wu
    I am worried about its future fundamentals.
  • ElvisMarner
    2022-05-18
    ElvisMarner
    SE is facing really tough competition.
  • PhilipChow
    2022-05-18
    PhilipChow
    I still believe Sea is above Grab and others, perhaps Grab will grab the second place
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