The third and last business segment is the digital financial services with the product of SeaMoney. Since 2014, it is one of the fastest growing DFS networks in Asia offering e-wallets, payment processing, micro-lending under AirPay, ShopeePay, Shopee PayLater and other brands. No wonder that digital financial services are on the rise and have big growth prospects especially in Asian markets. According to latest quarterly results, more than 40% of Shopee’s gross orders in April for instance were maid through mobile wallet services provided under SeaMoney.
What’s next ?
The company will be reporting its Q2 results before the market opens on August 18th. The stock had a massive run in the last two quarter already given the expectations on the different business segment growth. Can it go further ? No doubt.. But as in every other trading and investment opportunity, investors should consider risks and benefits of the