Could Sea Limited Become the Next Amazon?
Sea Limited (NYSE: SE) is often called the "Amazon (NASDAQ: AMZN) of Southeast Asia" because it owns Shopee, the region's largest e-commerce platform. However, Sea is still a lot smaller than Amazon.
Analysts expect Amazon to generate nearly 50 times more revenue than Sea this year. Amazon's market cap of $1.76 trillion also dwarfs Sea's market cap of $123 billion. Shrewd investors will also likely realize that the two companies operate very different business models.
But over the next decade, could Sea leverage its e-commerce strengths to become a multinational tech titan like Amazon? Let's compare their similarities, differences, and long-term growth trajectories to decide.
Source Fool.com
