bearish

Sea

[Sea (SE US, SELL, TP US$51) TP Change]: Competitive Landscape Intensifying… Cut TP to $51

We expect Shopee's competitive landscape further deteriorated in 2Q23, due to increased pressure from TikTok and Lazada in ASEAN, Coupang in Taiwan, and Shein in Brazil. Temu is also a swing factor.
344 Views27 Jul 2023 20:23
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