WIDE MOAT STOCKS COMPARISON

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Stock Comparison

Tencent Holdings Limited vs Sea Limited

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Tencent Holdings Limited

0700.HK · Hong Kong Stock Exchange

Market cap (USD)$479.5B
Gross margin (TTM)56.7%
Operating margin (TTM)32.8%
Net margin (TTM)29.9%
SectorCommunication Services
IndustryInternet platforms
CountryCN
Data as of2026-08-23
70/100
Moat score

Partial score covering 80% of segment weight.

Full stock profile

Dive deeper into Tencent Holdings Limited's moat claims, evidence, and risks.

View 0700.HK analysis

Sea Limited

SE · New York Stock Exchange (ADS)

Market cap (USD)$46.9B
Gross margin (TTM)45%
Operating margin (TTM)8.2%
Net margin (TTM)5.8%
SectorConsumer
IndustryInternet platforms
CountrySG
Data as of2026-08-23
62/100
Moat score

Weighted across the company's segments.

Full stock profile

Dive deeper into Sea Limited's moat claims, evidence, and risks.

View SE analysis

Comparison highlights

  • Segment focus: Tencent Holdings Limited has 5 segments (32.1% in Games); Sea Limited has 4 segments (72.2% in Shopee (E-commerce)).
  • Moat breadth: Tencent Holdings Limited has 4 moat types across 2 domains; Sea Limited has 4 across 2.

Primary market context

Tencent Holdings Limited

Games

Market

Global mobile, PC and console game software and live services

Geography

Mainland China and international markets

Customer

Players, with distribution through mobile stores, PC storefronts and consoles

Role

Developer, publisher and live-service operator

Revenue share

32.1%

Sea Limited

Shopee (E-commerce)

Market

E-commerce marketplace and related value-added services

Geography

Southeast Asia, Taiwan, Brazil

Customer

Consumers and sellers

Role

Marketplace operator

Revenue share

72.2%

Side-by-side metrics

Tencent Holdings Limited
Sea Limited
Ticker / Exchange
0700.HK - Hong Kong Stock Exchange
SE - New York Stock Exchange (ADS)
Market cap (USD)
$479.5B
$46.9B
Gross margin (TTM)
56.7%
45%
Operating margin (TTM)
32.8%
8.2%
Net margin (TTM)
29.9%
5.8%
Sector
Communication Services
Consumer
Industry
Internet platforms
Internet platforms
HQ country
CN
SG
Primary segment
Games
Shopee (E-commerce)
Market structure
Oligopoly
Oligopoly
Market share
n/a
53% (reported)
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
70 / 100 (partial, 80% coverage)
62 / 100
Moat domains
Legal, Network
Network, Supply
Last update
2026-09-05
2026-09-05

Moat coverage

Shared moat types

Direct Network EffectsEcosystem ComplementsTwo Sided Network

Tencent Holdings Limited strengths

Content Rights Currency

Sea Limited strengths

Physical Network Density

Segment mix

Tencent Holdings Limited segments

Full profile >

Games

Oligopoly

32.1%

Social networks and digital content

Oligopoly

17%

Marketing Services

Oligopoly

19.3%

FinTech and Business Services

Oligopoly

30.5%

Others

Competitive

1.1%

Sea Limited segments

Full profile >

Shopee (E-commerce)

Oligopoly

72.2%

Monee (Digital Financial Services)

Competitive

16.5%

Garena (Digital Entertainment)

Competitive

10.5%

Other Services

Competitive

0.8%

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.