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My Thoughts on Sea Limited Entering a New Market

By Jose Najarro – Aug 31, 2021 at 11:00AM

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Sea Limited will use the strength of its mobile game to drive new users to its e-commerce application.

Today's video focuses on Sea Limited's (SE 0.38%) e-commerce expansion into India, how it will maximize the company's chances of success, and what it means for investors. Here are some highlights from the video. 

  1. Reuters reports that Sea Limited is expanding its e-commerce applications in India. Sea Limited already has a strong presence in India with its game Free Fire and will use this to its advantage in driving new users to the Shopee e-commerce application. Sea Limited will also be using strong incentives like free shipping and low (or nonexistent) fees to attract more users to its platform. 
  2. For Aug. 29, App Annie reported that Free Fire was the No. 1 grossing game on Google Play for India, the United States, and Brazil. Shopee was the No. 2 overall downloaded app in Brazil.
  3. Sea Limited is releasing Free Fire Max, an upgraded version of Free Fire. The upgraded version has improved graphics, which makes it more demanding on hardware. The games are cross-playable, which means players will be able to play with each other no matter which version of the game each is using. 

Click the video below for my full thoughts and analysis. 

*Stock prices used were the midday prices of Aug. 30, 2021. The video was published on Aug. 30, 2021.



Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Jose Najarro owns shares of Alphabet (C shares) and Sea Limited. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), and Sea Limited. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Sea Stock Quote
Sea
SE
$61.38 (0.38%) $0.23
Alphabet Stock Quote
Alphabet
GOOGL
$100.44 (-0.55%) $0.55
Alphabet Stock Quote
Alphabet
GOOG
$100.83 (-0.44%) $0.45

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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