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Forrest Li
Fintech
Sea, another Temasek-linked company, joins digital bank licence bid
Sea Limited, which started as an online gaming company, is going solo in its bid for a digital full bank license here in Singapore, targeting millennials and SMEs.The bid by the New York-listed company, marks the entry of yet another bidder which counts
January 07, 2020
Startups, Entrepreneurs, Digital economy
A new billionaire emerges from Singapore gaming powerhouse Sea
(March 1): Free Fire is a world unto itself. More than 40 million players log on each day to find weapons and battle it out till one character’s left standing.
March 01, 2019
Sea raises US$575 mil in convertible notes offering
SINGAPORE (June 19): Sea has completed its previously announced offering of US$575 million ($777 million) aggregate principal amount of 2.25% convertible senior notes due 2023.
June 19, 2018
Singapore economy
Singapore's entrepreneurial scene looks less boring with spate of megadeals
SINGAPORE (Nov 30): Back in 2002, as the city-state was emerging from its worst recession since 1964, the government was getting impatient over the economy's disproportionate reliance on multinationals and a handful of globally competitive state-back
November 30, 2017
Startups, Entrepreneurs, Digital economy
Garena rebrands as Sea after raising US$550 mil in new funding
(May 8): Garena has rebranded as Sea after Southeast Asia’s most valuable startup secured US$550 million ($772 million) in funds to step up a battle with Chinese e-commerce giant Alibaba and other players in Indonesia.
May 08, 2017
Growing beyond games
Garena is expanding into e-payments and e-commerce. Both industries are well populated with players that do not seem interested in making money. Is Singapore’s most valuable start-up likely to come out ahead?
December 05, 2016
Tech
Temasek unit among new wave of investors in Garena
SINGAPORE (Sept 5): Temasek Holdings’ wholly-owned subsidiary, SeaTown Holdings International, has joined Indonesia-based Global Digital Prima Venture and Japan-based Mistletoe in a new investment in Southeast Asia’s largest start-up, Garena Interacti
September 05, 2016
Tech
Game publisher Garena secures its base in Southeast Asia; gets ready to 'level up'
SINGAPORE (July 23): Singapore stert-ups base themselves in Singapore for a variety of reasons.
July 23, 2012