Garena

Sea offers growth potential in Fintech while DBS offers yield and stability

Sea vs DBS reflects the difference in how investors value tech companies versus traditional mainstays.

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

(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.

(Aug 22): Sea Ltd., operator of Southeast Asia’s biggest gaming platform, posted a wider quarterly loss as it invests in building up e-commerce platform Shopee.

(May 16): Sea, operator of Southeast Asia’s biggest gaming platform, said it may raise funds to strengthen its balance sheet after its quarterly loss tripled on rising investments at mobile-shopping unit Shopee.

(Feb 27): Sea, operator of Southeast Asia’s biggest gaming platform, has had a rough start as a public company.

SINGAPORE (Nov 22): Sea, the Singapore-based online entertainment and gaming firm formerly known as Garena, announced 3Q17 ended Selosses doubled to US$132.7 million ($179.8 million) from a loss of US$65.6 million in 3Q16.

(Nov 21): Sea pitched itself as an emerging growth company in last month’s initial public offering, and investors are about to get their first chance to see if it lives up to the billing.

SINGAPORE (Oct 23): Singapore is experiencing a surge in venture capital fundraising, reflecting growing interest in Southeast Asia’s startups.