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SEA's strategy is simple. Raise money so that they can spend heavily on advertisement and discounts. No profit never mind because it's all about hyping up the company so that investors gain from stock price appreciation.
https://www.techinasia.com/sea-raises-6b...y-offering
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Modern legal Ponzi scheme.
$6b can buy a choice of entire profitable companies on the STI, e.g. Venture, Keppel DC Reit, UOL or CDG
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Investors very happy!
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(11-09-2021, 11:08 AM)Blasterlord2 Wrote: SEA's strategy is simple. Raise money so that they can spend heavily on advertisement and discounts. No profit never mind because it's all about hyping up the company so that investors gain from stock price appreciation.
https://www.techinasia.com/sea-raises-6b...y-offering
That's why George Soros and other "investors" very angry with Xi for blocking their way to make more money!
(This post was last modified: 11-09-2021, 11:23 AM by
cityhantam.)
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(11-09-2021, 11:14 AM)starbugs Wrote: Modern legal Ponzi scheme.
$6b can buy a choice of entire profitable companies on the STI, e.g. Venture, Keppel DC Reit, UOL or CDG
He is already top riches man in Singapore. That's speak of modern businesses is a scam to make individual rich thru a illusion system .
Grab's owner another to add to the volume.
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