Small Tencent + Ali Sea still has a lot of upside

If Sea has the gene of Tencent games, then e-commerce can do it by the migration of this gene, and finally form a perfect game system. In China, Tencent e-commerce has never beaten Ali, but in Southeast Asia, Sea managed to catch up with Ali's Lazada. In the past 2-3 years, the game has mainly relied on the popular "Peace Elite" mobile game Free Fire. The core of e-commerce Shopee is to capture several major Southeast Asian markets such as Vietnam, Indonesia, Malaysia, Thailand, and the Philippines. Conquered South America in about a year, and the rate of expansion was very barbaric.
If shopee's business in Poland and India progresses smoothly, it will strongly push up the stock price. The risk lies in fluctuations in the macro environment, the overall valuation of technology stocks (especially second-tier growth stocks) has fallen, and business development has fallen short of expectations. The current location has a large upside space and limited downside space, which has a strong appeal