$Sea (SE.US)$ SEA's market position has far surpassed that o...
$Sea(SE.US$ SEA's market position has far surpassed that of JD and Pinduoduo, and if it doubles, it will surpass Tencent, the majority shareholder of Ali and SEA.
However, PDD's GMV is 20 times that of Sea. The number of SEA users is also combined with various advertising subsidies. The number of people is quite small, and the per capita consumption is extremely low. E-commerce is more than just counting people; it also depends on purchasing power. For example, Wang Sicong and I are all alone in e-commerce statistics, but Wang Si's purchasing power exceeds 10,000 me.
Sea Money has been dubbed Alipay; this ?$#@$ has no end. Sea has obtained a payment license in Singapore, but there are no sea money application scenarios in Singapore at all. Singapore is a world of PayPal, Grab Pay, and PayNow QR codes. I've never seen any Sea Money. When you buy something at Shopee, first transfer the bank money to Sea Money, then use Sea Money to pay. All shopping transactions are counted as Sea Money transactions. Can statistics still be played like this? Isn't this a scam?
There's no denying that SEA is a strong company, but the current valuation is a bit high. If they haven't achieved the corresponding results, they are being blamed for heaven. If the stock price rises, it blows; if it falls, step down?
Also, the e-commerce moat isn't deep, and customer stickiness isn't enough. Shopee only opens the way first; it's unknown whether other competitors will come up in the future. Look at Ali, who was burdened by JD PDD.
Also, the e-commerce moat isn't deep, and customer stickiness isn't enough. Shopee only opens the way first; it's unknown whether other competitors will come up in the future. Look at Ali, who was burdened by JD PDD.
SEA has serious policy risks in Taiwan. SEA MONEY has been suspended in Taiwan. Because the Taiwanese authorities say Tencent is the majority shareholder of SEA. Whether Taiwan will take action against SEA in the future because of the management's background in mainland management, it is unknown! Sea also has serious policy risks in India. India has already blocked all major Chinese apps. Because of SEA's background, it would be no surprise if India takes action against SEA.
SEA's best help right now is the epidemic. The more severe the Southeast Asian epidemic, the longer it lasts, the more beneficial it is for SEA. The unending epidemic is SEA's biggest advantage. It's too unhumane to say this, but it's true! If the epidemic disappears, it will be the biggest disadvantage for Shopee. Many people will still go to shopping malls to buy things and reduce their purchases on Shopee. After all, logistics from China to Southeast Asia is so slow. Who wouldn't want to inspect the goods on site and then get the goods in an instant?
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Jayishere : In some companies, when the development trend is very good, the price will be inflated. The company must stay awake at this time, otherwise these prices will burst like a bubble.
102941306 : 1. The Pinduoduo and JD markets are only in China, and they are already saturated, and growth is slowing down. Sea e-commerce is in Southeast Asia, Taiwan, Latin America, Europe. The market has great potential, is growing rapidly, and is still expanding rapidly. The SEA e-commerce market is global, much larger than JD and Pinduo.
2. In addition to e-commerce, SEA also has games and financial services. It is also global. The US and Latin America have the highest number of downloads. These are all not available in JD or Pinduoduo.
就是爱说OP 102941306: Europe and America should be Amazon's world. It's probably OK for the Sea to conquer a few small countries
102941306 就是爱说OP: Amazon only has e-commerce, no games. The game industry in Europe and the US ranked first in SEA
就是爱说OP 102941306: Isn't Tencent NetEase number one and second in the world?
就是爱说OP 就是爱说OP:
102941306 就是爱说OP: Sea is a Singaporean company, you are on the Chinese mobile game rankings... Singapore is not China's
就是爱说OP 102941306: You're wrong. This is the world ranking. Tencent is number one in the world, and NetEase is second in the world.