I don’t think any investor will blame SE management for the incredible speed at which it has moved its focus from top line to bottom line.
It shows unusual ability to adjust to current context.Expanding in new countries/markets has a cost and no ‘growth investor’ will validate GMV reckless growth at any cost.
Likewise closing countries where ramping up sales could prove too long and too costly for their current balance sheet confirms SE pragmatic approach.Once visibility improves I have no doubt top line will reaccelerate.$Sea Ltd(SE)$
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