Taking SE as a reference, its subsidiary Shopee has defeated Alibaba's Lazada, and with the support of Tencent in the background, it survived on gaming business in the early years, drawing a big picture of being the e-commerce hegemon in Southeast Asia. At its peak, its market value was close to 20 billion US dollars. There was a time when I should have asked for a share of it, but for some reasons, I got on board at 12 dollars and sold at 30 dollars, which turned out to be a big misunderstanding. However, the fact that it once reached 20 billion US dollars is undeniable. Moreover, the background is the same as a Chinese enterprise, also engaging in cross-border business and shipping from China. A mere Southeast Asia is now worth 60 billion US dollars, and it has just started to make a profit. I just want to ask, how much should TEMU, which is regarded as an enemy by Amazon, be worth?
Many people only see the small amount of stock repurchased by Alibaba. If it's for this, I would definitely not re-enter the e-commerce track to buy Pinduoduo. I believe TEMU will become a stronger existence than Pinduoduo, and the fact is that Pinduoduo has placed its strongest team in TEMU, not Pinduoduo itself. In my view, in the long run, TEMU can be worth 100 billion US dollars. Moreover, I believe this is still Huang Zheng's second-stage rocket. He should have a third-stage rocket in mind, it's just that the time has not come yet.
Comments