Growth stocks that can build wealth for generations by 2040
$Sea (SE.US)$
Although Sea is losing money (at present), it has three fast-growing business units, which may significantly increase its valuation in the long run.
At present, the only department that generates EBITDA is Garena, the game Department of Sea. Thanks to the mobile game Free Fire, by the first quarter of 2022, the revenue rate of paid games among Sea's quarterly active users was 10%, higher than that of its peers.
Then came SeaMoney, a digital financial services unit. Since Sea operates in many emerging markets where basic banking services are limited, providing digital wallets may help consumers and companies' profits.
The third high growth part is Shopee, an e-commerce platform. After the online sales platform created a total commodity value (GMV) of $10billion in 2018, Shopee's $17.4 billion GMV represented an annualized GMV rate of nearly $7billion in the first quarter alone. As online sales in Southeast Asia are still in their infancy, Sea's retail growth potential is unparalleled.
Although Sea is losing money (at present), it has three fast-growing business units, which may significantly increase its valuation in the long run.
At present, the only department that generates EBITDA is Garena, the game Department of Sea. Thanks to the mobile game Free Fire, by the first quarter of 2022, the revenue rate of paid games among Sea's quarterly active users was 10%, higher than that of its peers.
Then came SeaMoney, a digital financial services unit. Since Sea operates in many emerging markets where basic banking services are limited, providing digital wallets may help consumers and companies' profits.
The third high growth part is Shopee, an e-commerce platform. After the online sales platform created a total commodity value (GMV) of $10billion in 2018, Shopee's $17.4 billion GMV represented an annualized GMV rate of nearly $7billion in the first quarter alone. As online sales in Southeast Asia are still in their infancy, Sea's retail growth potential is unparalleled.
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102941306 : When the income of seamoney can surpass that of garena, that is the time to really take off.