CY09
2022-06-10

$Sea Ltd(SE)$

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.

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

  • DragonTycoon
    2022-06-10
    DragonTycoon
    SEA has a good and competitive shopping platform
    theoretically they should leverage on technology to drive value for its clients and for itself
    but there are strong competitors and whoever executes
  • MortimerDodd
    2022-06-13
    MortimerDodd
    Your opinion is much the same as mine.
  • HilaryWilde
    2022-06-13
    HilaryWilde
    GRAB is now in better shape than SEA.
  • DonnaMay
    2022-06-13
    DonnaMay
    I have some faith in Shopee.
  • Maria_yy
    2022-06-13
    Maria_yy
    SEA's fundamentals are not stellar.
  • Moolele
    2022-06-10
    Moolele
    buying growth story is never easy 😅
Leave a comment