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E-commerce Logistics as Competitive Moat in Emerging Markets

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  • Proprietary logistics and address systems key to beating global rivals in Southeast Asia
    forrest li · In Good Company with Nicolai Tangen
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Proprietary logistics and address systems key to beating global rivals in Southeast Asia
Sea built its own logistics network and address database from scratch to solve Southeast Asia's fragmented geography, incomplete addressing, and poor road infrastructure — a capital-efficient, lease-based model staffed by top talent that created a structural advantage over competitors like Alibaba and TikTok who rely on third-party logistics.
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