- Joined
- Aug 26, 2011
- Messages
- 9,931
- Reaction Score
- 10,084
@tentoes4rings After observing initial mainland consumer actions following the govt’s months long-delayed SARS2 acknowledgement, my far more intelligent wife added mainland online consumer delivery and entertainment companies. Then, someone suggested I explore similar companies elsewhere and we bought some MELI, SEA at much lower prices and eventually STNE and volatile JMIA (up 675%) at massively lower prices.
You likely know, eBay-ish MELI’s upside has been and appears to still be its’ payments capabilities. SEA expanding beyond east Asia may be required to carry current price. Breakeven sales months ago and holding all now, but reasonable dips may entice others.
Some massively gutsier people are even buying Cyprus-based, Russkie online consumer company OZON. Not going there
You likely know, eBay-ish MELI’s upside has been and appears to still be its’ payments capabilities. SEA expanding beyond east Asia may be required to carry current price. Breakeven sales months ago and holding all now, but reasonable dips may entice others.
Some massively gutsier people are even buying Cyprus-based, Russkie online consumer company OZON. Not going there