Will Sea Limited Continue to Beat the Market?
Companies that beat the market consistently and deliver multibagger returns accomplish these successes by being able to innovate and reinvent themselves over the years. Sea Limited (NYSE: SE) has been doing this since its founding in 2009. Founder-CEO Forrest Li and his teams have created multiple business segments that integrate with one another. Sea Limited is focused on capturing leading positions in Southeast Asia and Latin America for mobile gaming, eSports, e-commerce, digital payments and banking, food delivery services, and artificial intelligence. In the past few years some of these segments have generated triple-digit revenue growth, growing margins, and the stock has delivered multibagger returns to shareholders.
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Li realized that social media users want better ways to connect with people. They flock to mobile gaming and eSports to compete with friends without weathering the negativity of other social sites. Combining this insight with his love of video games, in 2012 Li created Garena+, a mobile game and social platform with an interface similar to instant messaging platforms. Garena+ allows gamers to create friend groups, chat with friends online, see in-game achievements, and make in-game purchases with its virtual currency, Shells. Players are also able to form groups or clans, and chat with multiple players simultaneously through public or private channels within Garena+.
Source Fool.com