Better Growth Stock: Sea Limited vs. Grab Holdings
Sea Limited (NYSE: SE) and Grab (NASDAQ: GRAB) are two of the biggest tech companies in Southeast Asia. Sea owns Shopee, the largest e-commerce marketplace in Southeast Asia and Taiwan, and the video game publisher Garena. Grab, which acquired Uber Technologies' Southeast Asian business in 2018, is the region's largest mobility and delivery services provider. Both companies integrate their own digital payment services -- SeaMoney and GrabPay -- into their mobile apps.
But over the past 12 months, Sea's stock price fell 38% while Grab's stock rose 14%. Let's see why the e-commerce and gaming leader underperformed the mobility leader -- and if it will remain the weaker investment for the foreseeable future.
The Singapore skyline. Image source: Getty Images.
Source Fool.com
Uber Technologies Inc Stock
With 71 Buy predictions and 1 Sell predictions Uber Technologies Inc is one of the favorites of our community.
As a result the target price of 79 € shows a positive potential of 30.3% compared to the current price of 60.63 € for Uber Technologies Inc.
