China authorities are cracking down on fraudulent and laundering activities. Best to avoid such for now. But that is also the best opportunity to buy them now. Especially $BABA.US$ it is a steal at this price point. Undervalued.
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Sea Limited $SE.US$ has proven itself. Achieving ATH time after time again.
Sea was closing in on 649 million quarterly active users (QAU) at the end of March, but more importantly had 12.3% of its QAUs paying to play. This pay-to-play figure is many multiples higher than the industry average.
The more exciting long-term opportunity for Sea is its e-commerce platform Shopee, which has consistently been the most downloaded shopping app in Southeastern Asia. Shopee happens to be gaining steam in Brazil, as well. By targeting emerging markets with rapidly growing middle classes, Sea's online platform should deliver sustainably strong growth. For example, $12.6 billion in gross merchandise value (GMV) was purchased on its platform in first-quarter 2021, whi...
Sea was closing in on 649 million quarterly active users (QAU) at the end of March, but more importantly had 12.3% of its QAUs paying to play. This pay-to-play figure is many multiples higher than the industry average.
The more exciting long-term opportunity for Sea is its e-commerce platform Shopee, which has consistently been the most downloaded shopping app in Southeastern Asia. Shopee happens to be gaining steam in Brazil, as well. By targeting emerging markets with rapidly growing middle classes, Sea's online platform should deliver sustainably strong growth. For example, $12.6 billion in gross merchandise value (GMV) was purchased on its platform in first-quarter 2021, whi...
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$BA.US$ much wowwww
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