The largest e-commerce player in South East Asia, E88 has been through a process of integrating operations and reducing costs. VIP Shop (NYSE:VIPS), a $14 billion peer (versus E88’s $65 million market cap) just made a $6.3 million strategic investment in the firm, validating the business model. With this strategic partnership, expect profitability and growth to be fast tracked. Jonathon Feil, Morgans Financial
E88 Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
