“It will require us to make the right calls, execute extremely well, remain very disciplined, and compete relentlessly,” Li said in the memo on the eighth anniversary of Sea’s stock-market debut. “But a tech transition like this makes it possible” for Sea to be a trillion dollar company, he said.
Sea Ltd. founder Forrest Li told employees a trillion US dollar market capitalisation — an increase of about 10 times — is possible as the Southeast Asia e-commerce leader joins tech companies globally betting on artificial intelligence for growth.
In a memo to staff Monday, seen by Bloomberg News, Li compared the rapid growth of AI to the personal computer and smartphone revolutions that expanded consumer access to products and services once available only to the wealthy. But Li said it won’t be easy for the gaming and online-retail giant to harness the value creation AI will bring.
