SE is expanding their margin recently on e-commerce platform.
We see advertising revenue is a key to gain strong margin.
Also SG&A in South East Asia is now decreasing as stickiness exists among merchants & buyer.
No need to spend lots of marketing in e-commerce like early stage.
But I guess they are expanding to FinTech and Food Delivery. That's why they loose money in South East Asia.
For Brazil and Latam they are doing quite well in fast execution.
"Shopee goes after FreeFire game" but I am not sure if it works in Europe.
At this point , there are many stocks giving you a chance to buy cheaper than entire of 2021 price
SE may be not the cheapest ,comparing to other stock that was on blood , but I think adding more of SE is a must at some point.
I never worry about earning result of SE since covid pandemic.
This is one of the stock that we must have in portfolio for the long run
We see advertising revenue is a key to gain strong margin.
Also SG&A in South East Asia is now decreasing as stickiness exists among merchants & buyer.
No need to spend lots of marketing in e-commerce like early stage.
But I guess they are expanding to FinTech and Food Delivery. That's why they loose money in South East Asia.
For Brazil and Latam they are doing quite well in fast execution.
"Shopee goes after FreeFire game" but I am not sure if it works in Europe.
At this point , there are many stocks giving you a chance to buy cheaper than entire of 2021 price
SE may be not the cheapest ,comparing to other stock that was on blood , but I think adding more of SE is a must at some point.
I never worry about earning result of SE since covid pandemic.
This is one of the stock that we must have in portfolio for the long run