$Sea Ltd(SE)$ Does anyone have take on where this is going profitability wise? I know that they are using profits from Garena (Free Fire) but their game is getting old. They can't expect to use those profits to fund their other operations indefinitely. They need to come up with a new title it seems. Also SeaMoney and Shoppee continue to lose money. The good thing is they had $11 billion in cash so they can afford to absorb these losses for a little while. My question is do they plan to flip a switch on Shopee and SeaMoney and suddenly make a profit and when do they do this? They're offering heavy discounts which could explain how they've been able to grab more market share, but they need to turn a profit at some point. I'm not sure how they plan on making this happen and that's my main concern with the stock.All that being said the market share might be more important right now and they're just getting too big to ignore the potential of this stock. Also the gaming, fintech, and e-commerce triple threat is enticing. So I'm prepared to ignore the short's knocks on the stock right now.
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