$Sea(SE.US) Southeast Asian e-commerce and fintech company Sea also dominates its region, much like MercadoLibre. However, its shares have traded down sharply over the past year. The company's margins dipped while it defended its territory through seller incentives and various promotions. While this is a reasonable reaction from the market, I think it has been overdone -- especially as Sea grew sales by 47% in its latest quarter. Best yet, Sea's VIP membership grew by 40% to over 10 million customers, and Brazil remained the fastest-growing market for Shopee. In general, the ecommerce sector is suffering from the macro concerns of inflation & the Middle East war, but long term it should technically recover. @Bridge Buzz SG