Sea ltd

 One company I've been looking at very closely is Sea Ltd. It's main business is in E commerce - Shopee. There are other none core businesses.

I like them because they seem to be able to take market share where they are operating. They are the largest e commerce company in south east Asia. They are also competing against other e commerce companies, however none seem to be able to take market share from them.

Malaysia is one of their markets in south east Asia.

I've seen Lazada, 11thstreet and temu in Malaysia, however I have never used it. Only Shopee has me as a customer.


They've moved into Brazil and seem to be able to take market share from mercado libre as well. 

I'm waiting for a crash before taking a position.

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