3 Things About Sea Limited That Smart Investors Know

Motley Fool2021-12-10

Most investors likely know three things about Sea Limited(NYSE:SE): that it owns Shopee, the top e-commerce player in Southeast Asia and Taiwan; that it owns the mobile game publisher Garena; and that...

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精彩评论

evey77
2021-12-14
evey77
When Shopee is good for consumers (in terms ofall the discount vouchers), intuitively, I felt it’s bad for the stockholders [LOL] But oh well, the desire to spend the coins I accumulated makes me go back to it again and again… loss-making opium [Tongue]
- evey77:
  Isn’t it a good thing that I’m shopper and not a stockholder? [LOL]
- ET77:
  U shop alot!
Evie85
2021-12-13
Evie85
Thanks
IAS
2021-12-11
IAS
A potential company
Firecookies
2021-12-11
Firecookies
Thanks!
BigStonks101
2021-12-11
BigStonks101
Yet the price keeps dropping. Doesnt make sense eh?
Atan29
2021-12-10
Atan29
IT's interesting how when SE price was on the rise that every single article was about how amazing SE is and how it's gonna be a multibagger.Now that the stock price took a beating, you start seeing articles sounding caution on SE's business model.Literally 后知后觉.
- IAS:
  Market noise

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that it owns the mobile game publisher Garena; and that...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/09/3-things-about-sea-limited-that-smart-investors-kn/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SE","symbol_name":"Sea Ltd","start_time":0,"source_url":"https://www.fool.com/investing/2021/12/09/3-things-about-sea-limited-that-smart-investors-kn/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article","article_id":"1195107888","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1195107888","pubTimestamp":1639113421,"sourceInfo":null,"weMediaInfo":null,"summary":"Most investors likely know three things about Sea Limited(NYSE:SE): that it owns Shopee, the top e-c","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SE":"Sea Ltd"},"translate_title":"聪明的投资者知道的关于Sea Limited的3件事","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SE":0.9},"content_text":"Most investors likely know three things about Sea Limited(NYSE:SE): that it owns Shopee, the top e-commerce player in Southeast Asia and Taiwan; that it owns the mobile game publisher Garena; and that it is deeply unprofitable.\nBut this tech company is actually fairly complex, and to better understand its sprawling business, it's worth examining three finer points about it that garner a lot less attention: its dependence on Free Fire; its expansion plans in Latin America; and the growth of its fintech ecosystem.\n1.Free Fire is the wind in Sea's sails\nFour years ago, Garena launched Free Fire, its first self-developed mobile game. 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MercadoLibre ended last quarter with 78.7 million unique active users.\nSea doesn't break out its Latin American results yet, but it's likely still racking up big losses as it expands through MercadoLibre's backyard. Last quarter, Sea said Shopee's adjusted EBITDA loss of $0.41 per order remained unchanged sequentially and year over year across all of its markets -- but narrowed by both metrics in its core Southeast Asia and Taiwan market.\nIn other words, Sea needs to continue narrowing Shopee's losses in Southeast Asia and Taiwan -- all while maintaining Free Fire'sgrowth -- to stabilize its adjusted EBITDA as it expands its massive ecosystem.\n3. Sea Limited is evolving into a digital bank\nShopee isn't Sea's only unprofitable business. Its digital financial services segment, which houses the Sea Money payments platform and other fintech units, is losing money too. This business was also granted a full digital banking license in Singapore last December.\nSea launched the digital financial services segment in the fourth quarter of 2019, and both the total payment volume and the number of quarterly paying users on its mobile wallet app have skyrocketed in the two years since. Unfortunately, its losses are also widening:Once again, this highlights Sea's overwhelming dependence on Free Fire to do the heavy lifting and support its other, unprofitable businesses.\nA wobbly (but promising) business model\nThese three points show us just how unusual Sea's business model is: It's an e-commerce and fintech giant that (for now) relies on the profits from a single mobile game to offset the staggering losses of its other high-growth businesses.\nOn the bright side, Sea also raised about $6 billion in fresh capital earlier this year with a big secondary stock and convertible debt offering -- and it ended the third quarter with $11.1 billion in cash and equivalents on the books. Therefore, Sea can afford to keep bleeding red ink for the foreseeable future.\nI believe Sea still has plenty of growth potential, but it will remain a very volatile stock. Potential investors should be well aware of these risks before betting that the stock will generate multibagger gains.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":604562443,"gmtCreate":1639414051178,"gmtModify":1639415400515,"author":{"id":"3570619054429964","authorId":"3570619054429964","name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3570619054429964","authorIdStr":"3570619054429964"},"htmlText":"When Shopee is good for consumers (in terms ofall the discount vouchers), intuitively, I felt&nbsp;it’s bad for the&nbsp;stockholders [LOL]&nbsp;But oh well, the desire to spend the coins I accumulated makes me go back to it again and again… loss-making opium [Tongue]&nbsp;","listText":"When Shopee is good for consumers (in terms ofall the discount vouchers), intuitively, I felt&nbsp;it’s bad for the&nbsp;stockholders [LOL]&nbsp;But oh well, the desire to spend the coins I accumulated makes me go back to it again and again… loss-making opium [Tongue]&nbsp;","text":"When Shopee is good for consumers (in terms ofall the discount vouchers), intuitively, I felt it’s bad for the stockholders [LOL] But oh well, the desire to spend the coins I accumulated makes me go back to it again and again… loss-making opium [Tongue]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604562443","repostId":1195107888,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6967724,"gmtCreate":1639416820776,"gmtModify":1639416820807,"authorId":3570619054429964,"author":{"id":3570619054429964,"idStr":"3570619054429964","authorId":3570619054429964,"name":"evey77","avatar":"https://static.tigerbbs.com/8a042e238635d0f206ea5cc76045eb40","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":604562443,"type":1,"supId":6967704,"prevId":0,"content":"Isn’t it a good thing that I’m shopper and not a stockholder? [LOL]","text":"Isn’t it a good thing that I’m shopper and not a stockholder? [LOL]","html":"Isn’t it a good thing that I’m shopper and not a stockholder? [LOL]"},{"id":6967704,"gmtCreate":1639416473547,"gmtModify":1639416473583,"authorId":3565944798085236,"author":{"id":3565944798085236,"idStr":"3565944798085236","authorId":3565944798085236,"name":"ET77","avatar":"https://static.tigerbbs.com/2c73ac2c436c2e43d9b78a2c52d24cb7","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":604562443,"type":1,"supId":0,"prevId":0,"content":"U shop alot! ","text":"U shop alot! ","html":"U shop alot! "}],"langContent":"CN"},{"id":604222774,"gmtCreate":1639405848004,"gmtModify":1639405848632,"author":{"id":"3582325424620976","authorId":"3582325424620976","name":"Evie85","avatar":"https://static.tigerbbs.com/cd748ce45187b26e263b88e09acdb161","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582325424620976","authorIdStr":"3582325424620976"},"htmlText":"Thanks&nbsp;","listText":"Thanks&nbsp;","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604222774","repostId":1195107888,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":605257074,"gmtCreate":1639184131748,"gmtModify":1639184132021,"author":{"id":"3576136694569207","authorId":"3576136694569207","name":"IAS","avatar":"https://static.tigerbbs.com/933fbcc1d9c75b4ff82486f8a48a3e7c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3576136694569207","authorIdStr":"3576136694569207"},"htmlText":"A potential company&nbsp;","listText":"A potential company&nbsp;","text":"A potential company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605257074","repostId":1195107888,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":605624504,"gmtCreate":1639156041011,"gmtModify":1639156072681,"author":{"id":"3581905304322072","authorId":"3581905304322072","name":"Firecookies","avatar":"https://static.tigerbbs.com/535d566c31661a1ca0fe7641064aea02","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581905304322072","authorIdStr":"3581905304322072"},"htmlText":"Thanks!","listText":"Thanks!","text":"Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605624504","repostId":1195107888,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":605687810,"gmtCreate":1639152590554,"gmtModify":1639155879163,"author":{"id":"4092442821570860","authorId":"4092442821570860","name":"BigStonks101","avatar":"https://static.tigerbbs.com/097f77c70975dd8f61ed73c2b4a21342","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4092442821570860","authorIdStr":"4092442821570860"},"htmlText":"Yet the price keeps dropping. Doesnt make sense eh?","listText":"Yet the price keeps dropping. Doesnt make sense eh?","text":"Yet the price keeps dropping. Doesnt make sense eh?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605687810","repostId":1195107888,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":605691092,"gmtCreate":1639149646550,"gmtModify":1639149646630,"author":{"id":"3574764104568500","authorId":"3574764104568500","name":"Atan29","avatar":"https://static.tigerbbs.com/72c3cc2330da24aecdc0b89697e19202","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574764104568500","authorIdStr":"3574764104568500"},"htmlText":"IT's interesting how when SE price was on the rise that every single article was about how amazing SE is and how it's gonna be a multibagger.Now that the stock price took a beating, you start seeing articles sounding caution on SE's business model.Literally 后知后觉.","listText":"IT's interesting how when SE price was on the rise that every single article was about how amazing SE is and how it's gonna be a multibagger.Now that the stock price took a beating, you start seeing articles sounding caution on SE's business model.Literally 后知后觉.","text":"IT's interesting how when SE price was on the rise that every single article was about how amazing SE is and how it's gonna be a multibagger.Now that the stock price took a beating, you start seeing articles sounding caution on SE's business model.Literally 后知后觉.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/605691092","repostId":1195107888,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6934408,"gmtCreate":1639184098537,"gmtModify":1639184098645,"authorId":3576136694569207,"author":{"id":3576136694569207,"idStr":"3576136694569207","authorId":3576136694569207,"name":"IAS","avatar":"https://static.tigerbbs.com/933fbcc1d9c75b4ff82486f8a48a3e7c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":605691092,"type":1,"supId":0,"prevId":0,"content":"Market noise ","text":"Market noise ","html":"Market noise "}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":92,"commentSize":17,"repostSize":0,"favoriteSize":3,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1195107888"}