$Sea (SE.US)$ sea's market in Southeast Asia has far surpass...
$Sea (SE.US)$ sea's market in Southeast Asia has far surpassed jd.com and pdd holdings, and it will surpass Alibaba and sea's major shareholder Tencent if it doubles.
However, pdd holdings' GMV is twenty times that of sea. The number of sea's users is also boosted by various advertising subsidies, with a large number of users and extremely low per capita consumption. E-commerce is not just about the number of users, it's also about purchasing power. For example, in e-commerce statistics, both myself and Wang Sicong count as one person, but Wang Sicong's purchasing power exceeds mine by more than ten thousand.
Sea money has been hyped up as the equivalent of PayPal, which is completely exaggerated. Sea has obtained a payment license in Singapore, but there is no application scenario for sea money in Singapore. Singapore mainly uses PayPal, Grab Pay, and PayNow QR codes. I have never seen anything about sea money. When buying things on Shopee, you have to transfer money from the bank to sea money first, and then use sea money to make the payment. All the shopping transactions are counted as sea money transactions. Can statistics still be manipulated like this? Isn't this deceiving people?
I do not deny that sea is a great company, but its current valuation is a bit high. It hasn't achieved corresponding results yet, but it's being hyped up as if it has. When the stock price rises, it's hyped up, and when it falls, it's criticized.
Besides, the moat of e-commerce is not deep enough and the customer retention is insufficient. Shopee is just paving the way, and it's unknown whether there will be other competitors in the future. Look at Alibaba, which is under pressure from jd.com and pdd holdings.
Besides, the moat of e-commerce is not deep enough and the customer retention is insufficient. Shopee is just paving the way, and it's unknown whether there will be other competitors in the future. Look at Alibaba, which is under pressure from jd.com and pdd holdings.
Sea faces serious policy risks in Taiwan. Sea money has already been stopped in Taiwan because the Taiwanese authorities say that Tencent is sea's major shareholder. It's unknown whether Taiwan will target sea in the future due to the background of the management and mainland Chinese capital. Sea also faces serious policy risks in India, where all large Chinese apps have been banned because of sea's background. If India targets sea, it wouldn't be surprising.
sea's best assist right now is the pandemic. The more severe and prolonged the pandemic in Southeast Asia, the more advantageous it is for sea. A never-ending pandemic is the biggest bullish factor for sea. Although it sounds inhumane, it's the reality! Once the pandemic disappears, it will be the biggest bearish factor for Shopee. Many people will still go to shopping malls to shop, reducing purchases on Shopee. After all, the logistics from China to Southeast Asia is just too slow. Who doesn't want to inspect the goods in person and receive them instantly?
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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.