4 Reasons Why Sea Limited Is a Great Investment
Mobile entertainment and e-commerce contender Sea Limited (NYSE: SE) has quickly emerged from a regional Southeast Asian player to a major global entity. Business is looking as strong as ever, yet Sea's shares are down about 50% over the past two months. Despite investors' short-term concerns, Sea seems poised to be a great long-term investment for four key reasons.
Southeast Asia, Sea's core market, is one of the world's fastest-growing regions, with a population rising over 50% faster than the United States's, and GDP increasing more than twice as fast.
An expanding middle class, rising average household incomes, and rapidly spreading cellphone and internet usage are creating more online gamers and shoppers in the seven countries where Sea operates. Sea has shrewdly established the key pillars of its business -- Garena, Shopee, and Sea Money -- to take advantage of all those trends.
Source Fool.com
