BHI 3.0·Q1 2026 Bulletin
Last computed 14:32 UTC, Apr 29 2026·Spearman ρ = 0.83·Validation: preliminary
Today's bulletin →
Movers · since 14:32 UTC, Apr 29 2026
PLATFORM PROFILESE

Shopee/Sea

$52BSEA dominantE-Commerce
3.03
B-index (V3.1)
BLACK HOLE
Capture1.313
Escape0.434
Key Structural Insight

MercadoLibre of Southeast Asia. Marketplace + fintech + logistics = regional lock-in.

Eleven-Parameter Profile

5DATAMEMACTPROCNETCLOSEPORTSUBFALLORGMOM
Data Depth7/10
Memory6/10
Action6/10
Process7/10
Network8/10
Closeness8/10
Portability4/10
Substitutability4/10
Human Fallback5/10
Org Depth5/10
Momentum7/10
Capture Escape Extended

V3.1 Decomposition

ComponentValueFormula
CES₄ capture core0.6490CES(d, m, a, p)
Knowledge synergy σₖ0.6481√(d · m)
Operability synergy σₒ0.6481√(a · p)
Synergy boost1.19441 + 0.3·(σₖ + σₒ)/2
Org-depth multiplier1.25001 + 0.5·o
Momentum multiplier1.21001 + 0.3·t
Total Capture1.3132c·(1+0.5n)·core·syn·org·mom
CES₃ escape core0.4321CES(x, s, h)
Feedback attenuation0.7728max(0.3, 1 − 0.35·core)
Total Escape0.4339ε + escCore · feedback
B = Capture / Escape3.031.313 / 0.434

Scoring Rationale

Dominant Southeast Asia. ShopeePay. Live commerce. SeaMoney fintech layer. Logistics in 7+ countries.

Parameter Sensitivity

MARGINAL B-INDEX CHANGE PER ±1 SCORE SHIFT
CLOSE8
+0.76
PORT4
-0.38
SUB4
-0.38
MEM6
+0.34
ACT6
+0.34
FALL5
-0.34
DATA7
+0.31
PROC7
+0.31
ORG5
+0.24
NET8
+0.22
MOM7
+0.15
+ raises B (deepens lock-in) lowers B (aids escape)

Comparable PlatformsE-Commerce (7 peers)

#PlatformTickerB-indexZone
01Amazon MarketplaceAMZN7.77BLACK HOLEProfile →
02MercadoLibreMELI5.87BLACK HOLEProfile →
03Alibaba/TaobaoBABA4.97BLACK HOLEProfile →
04CoupangCPNG3.72BLACK HOLEProfile →
05ShopifySHOP3.15BLACK HOLEProfile →
06PDD/TemuPDD1.86EVENT HORIZONProfile →
07eBayEBAY1.71EVENT HORIZONProfile →