Sea's Decision to Close India Operations Seen as a "Clear Positive"

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Sea's Decision to Close India Operations Seen as a "Clear Positive"

StreetInsider2022-03-29

Singapore-based global consumer internet company Sea said its e-commerce arm Shopee will shut down its operations in India amid the company's poor growth outlook.This is the second pullback for Shopee...

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Comment（16）

Mtan23
·2022-03-29
Good read
Reply
2
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chews
·2022-03-29
Like
Reply
3
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Solomontan99
·2022-03-29
Free stock? Nice!
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3
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MSTAN
·2022-03-29
👍👍
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2
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Zarkness
·2022-03-29
Still need much better markets elsewhere
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2
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Chororo
·2022-03-29
。
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3
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cakwai
·2022-03-29
Many ppl have the mindset that if a company pulls out from a market, its bad. However it take strong and firm leadership and courage to do so. From a business owner angle, I'll share why what SE did is good:1. The market isnt earning as expected. When this happens, companies often do agressive advertising, revamping, often without consideration on market needs. Sometimes its not that u are selling a lousy product. Its that the time isnt ripe and market isnt ready for u.2. Acceptance of failure. Liquidating assets from a market that doesnt generate revenue allows the company to pivot instead of "locking" money in something hoping to earn. Similar to stocks, its best to cut loss and look elsewhere. when u consider the opportunity cost, a move made is always better than remaining&nb
Reply
7
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Steven Tay
·2022-03-29
Ok
Reply
2
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InfiniteChaos
·2022-03-29
I don't understand why India can ban free fire. isnt there a trade deal between Singapore And India?
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4
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VivianChua
·2022-03-29
Great news💚💚💚
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买香蕉也用券
·2022-03-29
？？？ didn'tyour CEO said will continue burning cash? Why did u stop expanding? Pls let me short u more to below 100!
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FlareSpark
·2022-03-29
Stop bleeding before too late
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Jerrya
·2022-03-29
Thanks for the insights
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1
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LionKingAir
·2022-03-29
Okay
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Noob6
·2022-03-29
Ok
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LEESIMON
·2022-03-29
Great potential
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Hence, SE's no longer pursuing this strategy is a clear positive, in our view,\" Goodridge said in a client note.The analyst finds the current companys market valuation as attractive.UBS analyst Navin Killa also reflected positively on SEs decision, saying it may signal an improving discipline in cash burn.\"We believe the exit should be viewed positively by the market:This supports management's commentary during FY21 earnings call that the company would take a more calibrated approach towards investments especially on international opportunities ex-ASEAN and Taiwan (with Brazil as the key focus);It removes the potential of high cash burn from competing with an ultra-competitive Indian e-commerce market with global and local giants such as Amazon (NASDAQ:AMZN), Flipkart and JioMart,\" Killa wrote in a memo.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9019320637,"gmtCreate":1648536159552,"gmtModify":1676534351306,"author":{"id":"3579572647008782","authorId":"3579572647008782","name":"Mtan23","avatar":"https://static.tigerbbs.com/21a2ddfc414d0d3eab50e895e776bf23","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Good read&nbsp;","listText":"Good read&nbsp;","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019320637","repostId":2222894058,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019362575,"gmtCreate":1648534943663,"gmtModify":1676534351217,"author":{"id":"3569931936965010","authorId":"3569931936965010","name":"chews","avatar":"https://static.tigerbbs.com/6c1fa6f2842229096200b78fa2605616","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019362575","repostId":2222894058,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019363116,"gmtCreate":1648533468800,"gmtModify":1676534350964,"author":{"id":"3586330528378121","authorId":"3586330528378121","name":"Solomontan99","avatar":"https://static.tigerbbs.com/ae09f7a70bb7992c56a1be3b990b5332","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Free stock? Nice!&nbsp;","listText":"Free stock? Nice!&nbsp;","text":"Free stock? Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019363116","repostId":2222894058,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019369204,"gmtCreate":1648533390723,"gmtModify":1676534350949,"author":{"id":"4089461104605170","authorId":"4089461104605170","name":"MSTAN","avatar":"https://static.itradeup.com/news/1d0ff53a35c30afecbd1fa0c5ed59f07","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"👍👍","listText":"👍👍","text":"👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019369204","repostId":2222894058,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019383419,"gmtCreate":1648530277632,"gmtModify":1676534350736,"author":{"id":"3572916667219493","authorId":"3572916667219493","name":"Zarkness","avatar":"https://static.tigerbbs.com/4b8c61830c4883c4232aece921d89d14","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0},"htmlText":"Still need much better markets elsewhere","listText":"Still need much better markets elsewhere","text":"Still need much better markets elsewhere","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019383419","repostId":2222894058,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019380508,"gmtCreate":1648529757307,"gmtModify":1676534350683,"author":{"id":"3548890322785063","authorId":"3548890322785063","name":"Chororo","avatar":"https://static.tigerbbs.com/0cbcbb673621a63bd8bb2f8219eded23","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"。","listText":"。","text":"。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019380508","repostId":2222894058,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019315245,"gmtCreate":1648528704204,"gmtModify":1676534350604,"author":{"id":"3575887152834088","authorId":"3575887152834088","name":"cakwai","avatar":"https://static.tigerbbs.com/3fd2ce1f011a158627b1c4d5c3818b19","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Many ppl have the mindset that if a company pulls out from a market, its bad. However it take strong and firm leadership and courage to do so. From a business owner angle, I'll share why what SE did is good:1. The market isnt earning as expected. When this happens, companies often do agressive advertising, revamping, often without consideration on market needs. Sometimes its not that u are selling a lousy product. Its that the time isnt ripe and market isnt ready for u.2. Acceptance of failure.&nbsp;Liquidating assets from&nbsp;a market that doesnt generate revenue allows the company to pivot instead of \"locking\" money in something hoping to earn. Similar to stocks, its best to cut loss and look elsewhere. when u consider the opportunity cost, a move made is always better than remaining&amp;nb","listText":"Many ppl have the mindset that if a company pulls out from a market, its bad. However it take strong and firm leadership and courage to do so. From a business owner angle, I'll share why what SE did is good:1. The market isnt earning as expected. When this happens, companies often do agressive advertising, revamping, often without consideration on market needs. Sometimes its not that u are selling a lousy product. Its that the time isnt ripe and market isnt ready for u.2. Acceptance of failure.&nbsp;Liquidating assets from&nbsp;a market that doesnt generate revenue allows the company to pivot instead of \"locking\" money in something hoping to earn. Similar to stocks, its best to cut loss and look elsewhere. when u consider the opportunity cost, a move made is always better than remaining&amp;nb","text":"Many ppl have the mindset that if a company pulls out from a market, its bad. However it take strong and firm leadership and courage to do so. From a business owner angle, I'll share why what SE did is good:1. The market isnt earning as expected. When this happens, companies often do agressive advertising, revamping, often without consideration on market needs. Sometimes its not that u are selling a lousy product. Its that the time isnt ripe and market isnt ready for u.2. Acceptance of failure. Liquidating assets from a market that doesnt generate revenue allows the company to pivot instead of \"locking\" money in something hoping to earn. Similar to stocks, its best to cut loss and look elsewhere. when u consider the opportunity cost, a move made is always better than remaining&nb","images":[],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019315245","repostId":2222894058,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019316666,"gmtCreate":1648528324662,"gmtModify":1676534350578,"author":{"id":"4099285253763630","authorId":"4099285253763630","name":"Steven Tay","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019316666","repostId":2222894058,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019311162,"gmtCreate":1648527936246,"gmtModify":1676534350499,"author":{"id":"3556067163769372","authorId":"3556067163769372","name":"InfiniteChaos","avatar":"https://community-static.tradeup.com/news/c3e5e6547a0bd93106f07e13bd68d504","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"I don't understand&nbsp;why India can ban free fire. isnt there a trade deal between Singapore And India?&nbsp;","listText":"I don't understand&nbsp;why India can ban free fire. isnt there a trade deal between Singapore And India?&nbsp;","text":"I don't understand why India can ban free fire. isnt there a trade deal between Singapore And India?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019311162","repostId":2222894058,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019311096,"gmtCreate":1648527860588,"gmtModify":1676534350490,"author":{"id":"3580011914778910","authorId":"3580011914778910","name":"VivianChua","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"Great news💚💚💚","listText":"Great news💚💚💚","text":"Great news💚💚💚","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019311096","repostId":2222894058,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019313553,"gmtCreate":1648527829425,"gmtModify":1676534350483,"author":{"id":"4109941540501062","authorId":"4109941540501062","name":"买香蕉也用券","avatar":"https://community-static.tradeup.com/news/bd3a71caa40eb6e0d2468ff0ffa1a967","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1},"htmlText":"？？？ didn'tyour CEO said will continue burning cash? Why did u stop expanding? Pls let me short u more to below 100!","listText":"？？？ didn'tyour CEO said will continue burning cash? Why did u stop expanding? Pls let me short u more to below 100!","text":"？？？ didn'tyour CEO said will continue burning cash? Why did u stop expanding? Pls let me short u more to below 100!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019313553","repostId":2222894058,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019313258,"gmtCreate":1648527783023,"gmtModify":1676534350482,"author":{"id":"3584955097359320","authorId":"3584955097359320","name":"FlareSpark","avatar":"https://static.tigerbbs.com/38942f5d417a8d645800903b08402b4e","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Stop bleeding before too late&nbsp;","listText":"Stop bleeding before too late&nbsp;","text":"Stop bleeding before too late","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019313258","repostId":2222894058,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019319516,"gmtCreate":1648527590930,"gmtModify":1676534350467,"author":{"id":"4096283186816230","authorId":"4096283186816230","name":"Jerrya","avatar":"https://community-static.tradeup.com/news/87d09c22b7fc1288834c4ee500be2aac","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0},"htmlText":"Thanks for the insights","listText":"Thanks for the insights","text":"Thanks for the insights","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019319516","repostId":2222894058,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019337327,"gmtCreate":1648526920045,"gmtModify":1676534350393,"author":{"id":"3582891836402828","authorId":"3582891836402828","name":"LionKingAir","avatar":"https://static.tigerbbs.com/94f60573baa578de19304c643193dad9","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019337327","repostId":2222894058,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019334069,"gmtCreate":1648526607297,"gmtModify":1676534350361,"author":{"id":"3577433295437037","authorId":"3577433295437037","name":"Noob6","avatar":"https://static.tigerbbs.com/395476a9381e76bd4cd6eb8b78eddc5e","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019334069","repostId":2222894058,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019333557,"gmtCreate":1648525149893,"gmtModify":1676534350132,"author":{"id":"3579044609497336","authorId":"3579044609497336","name":"LEESIMON","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":1},"htmlText":"Great potential&nbsp;","listText":"Great potential&nbsp;","text":"Great potential","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019333557","repostId":2222894058,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":220,"commentSize":16,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}