"Local-oriented company is losing money globally, therefore, they must be hugely profitable in at least one locale"

There's absolutely no evidence to support that claim (at least, none that has been presented in this discussion).

You've actually taken ridiculous one step beyond with your assertion that, "they will become extremely profitable as the market leader." Market leadership has absolutely nothing to do with profitability. The two concepts are 100% unrelated.

What is their plan to become profitable? If they can grow revenue by thousands of percentage points and still not achieve profitability--how do they do it? They've got great plans around achieving revenue growth--but I contend that have no idea how to go from revenue growth to profitability.