Thanks so much MajorFool20, RollerCoaster and others who have provided such an excellent curated reading list for SE.
Question about SE vs. Alibaba (Shopee vs. Lazada):
Given the potential future growth of eCommerce and online payments in SE Asia does the success of SE as an investment depend on them winning the battle with Alibaba outright? Or is there enough business that both of these companies will still do quite well for some time until one of them is determined to be the top choice of consumers?
In other words is this a winner take all battle between Shopee and Lazada?
In the US amazon is said to have 49% of ecommerce mkt vs. Walmart at 3.7% (if you count eBay that’s next at 6.6% (Source:bigcommerce.com). I’m sure Mercadolibre has a similar lead in LATAM.
Thanks for your consideration.
SE = 4% of holdings.