You can forgive investors for getting excited. After watching Amazon (NASDAQ: AMZN) become the king of e-commerce in North America, many took what they saw and applied it abroad. So when e-commerce companies like Mercadolibre (NASDAQ: MELI) and Sea Limited (NYSE: SE) cropped up in Latin America and Southeast Asia -- and returned 4,400% and 1,200%, respectively, since going public -- it seemed like a sure blueprint for success. Read More...
You can forgive investors for getting excited. After watching Amazon (NASDAQ: AMZN) become the king of e-commerce in North America, many took what they saw and applied it abroad. So when e-commerce companies like Mercadolibre (NASDAQ: MELI) and Sea Limited (NYSE: SE) cropped up in Latin America and Southeast Asia — and returned 4,400% and 1,200%, respectively, since going public — it seemed like a sure blueprint for success.
