I have a couple of friends who work in Sea Group, they execute flawlessly and the leadership puts a lot of autonomy in the hands of their millennial workforce. These days, they've been working very late up to 11PM. In June, they've added a high double-digit headcount and they are looking to add more too.
Great analysis. Lots of potential for this company. We’ve seen an incredible return on our SE investment so far, and the sky is the limit for those who are looking long-term!
The checkered past of Garena (in terms of being a platform to play pirated games) is indeed true as per my experience growing up in Malaysia (part of SE Asia). However, they have pivoted out of this quite a while back ago, and I'm very much a happy user of Shopee. Similarly excited for SE's future as a fellow shareholder!
Interesting mention of Fornite/Roblox. I'm not a gamer by a mile, chanced upon Fortnite during pandemic, and witnessed the power of this metaverse. My jaw is still dropping at how cleanly they executed thus far. The custom games/events/creatives organized by streamers/creators offers a glimpse of the vast potential a community will bring (just do a quick Youtube search of 'Fortnite fashion show', it's hilarious).
imo, whatever Zuck envisioned with Oculus VR/AR will happen first in these metaverses due to high penetration, and much faster adoption rate.
This is fantastic - thanks for the great analysis. You're right, SE Asia feels ready to explode on the digital scene, with so much headroom for growth.
I have a couple of friends who work in Sea Group, they execute flawlessly and the leadership puts a lot of autonomy in the hands of their millennial workforce. These days, they've been working very late up to 11PM. In June, they've added a high double-digit headcount and they are looking to add more too.
Great analysis. E-commerce/payments are incredible businesses and Tencent is a first-class investor.
Awesome job Julie. Thanks :)
Great analysis. Lots of potential for this company. We’ve seen an incredible return on our SE investment so far, and the sky is the limit for those who are looking long-term!
This was an incredible read on $SE - I've only ever read about Shopee; provided very good context to what the hold co strategy is!
The checkered past of Garena (in terms of being a platform to play pirated games) is indeed true as per my experience growing up in Malaysia (part of SE Asia). However, they have pivoted out of this quite a while back ago, and I'm very much a happy user of Shopee. Similarly excited for SE's future as a fellow shareholder!
Interesting mention of Fornite/Roblox. I'm not a gamer by a mile, chanced upon Fortnite during pandemic, and witnessed the power of this metaverse. My jaw is still dropping at how cleanly they executed thus far. The custom games/events/creatives organized by streamers/creators offers a glimpse of the vast potential a community will bring (just do a quick Youtube search of 'Fortnite fashion show', it's hilarious).
imo, whatever Zuck envisioned with Oculus VR/AR will happen first in these metaverses due to high penetration, and much faster adoption rate.
This is fantastic - thanks for the great analysis. You're right, SE Asia feels ready to explode on the digital scene, with so much headroom for growth.
great piece julie, keep them coming