𝗦𝗵𝗼𝗽𝗲𝗲 𝘃𝘀. 𝗔𝗺𝗮𝘇𝗼𝗻, 𝗯𝘂𝘁 𝗻𝗼𝘁 𝘃𝘀. 𝗠𝗲𝗿𝗰𝗮𝗱𝗼𝗟𝗶𝗯𝗿𝗲
Dear fellow co-investors,
In June, Shopee $SE (Sea Ltd-ADR) overtook $AMZN (Amazon.com Inc) to become the second largest e-commerce player in Brazil after $MELI (MercadoLibre) .
Both Shopee and Amazon are heavily building their logistics networks to improve last mile delivery times, and customer satisfaction.
Happy to have the top 3 e-commerce players in Brazil in our team.
As always, I am available to catch up or discuss any questions you may have.
Meanwhile, keep compounding. 🚀
Cheers, Attila
Performance 2024
Hartmutson 28.7% vs. $SPX500 16.6%
... Show More
