Approximately every decade or so, the market trades the best businesses to own long term down the most and in quite violent fashion.Over roughly the last century of American capitalism, the market has
wrong judgement .. Shopee is bigger than lazada in terms of customer volume or revenue
Sea Limited: Decline In Market Share Likely To Hurt The Stock
The recent earnings result shows that Sea Limited has lost its growth momentum in order to improve profitability.Sea Limited is losing market share due to intense competition from Alibaba’s Lazada in
Singapore-based technology firm, Sea Ltd faces significant headwinds amid various downgrades from Wall Street analysts following its second-quarter earnings results.Market sentiment often dominates reality as the momentum of the masses is difficult to deflect. However, in an attempt to assess the velocity and sustainability of the sentiment, I decided to do a deeper dive into the status of Sea Ltd 's salient variables.GuruFocus has detected 2 Warning Sign with C. Click here to check it out.Citigroup Inc 's Alicia Yap adjusted Sea Ltd 's target price to $50 per share from a previous $98, citing that Sea's battle to maintain its market share is starting. In my view, Yap's analysis is objective as industry consolidation will likely occur as the company matures; on the other end, Singapore's consumer internet industry is set for an 11.70% annualized growth rate until 2027, which balances out Yap's take.Further, JPMorgan Chase & Co analyst, Ranjan Sharma downgraded Sea Ltd 's stock to neu