How Sea Limited Could Easily Reach A $1 Trillion Market Cap
It has been a stunning rise for Sea Limited (NYSE: SE), the emerging gaming, e-commerce, and digital finance giant based in Singapore. Just how stunning? Well, shares went public on the New York Stock Exchange in late 2017 at a market cap of a little under $5 billion. Fast-forward to today and we see Sea's market cap just reached $180 billion, good for a 3,500% return in not quite four years.
But with that much propulsion, does anyone think Sea will really be content with a $200 billion market cap? Not likely. Management more likely has its sights set on attaining a $1 trillion market cap. Previously, that milestone has only been achieved by a half-dozen or so of the top companies in the world.
And indications are that Sea could very well hit that mark. Here's how.
Source Fool.com
