Garena

Update

Sea selling shares at US$15 each in NYSE IPO

(Oct 20): Singapore’s Sea plans has priced its initial public offering of nearly 59 million American depositary shares at US$15 each to raise US$884 million ($1.2 billion), according to a press statement by the company on Friday evening.

Tech

Sea isn't all that similar to Tencent after all

(Oct 12): Singapore’s Sea initially modelled itself on Chinese internet colossus Tencent Holdings. and is often called the Tencent of Southeast Asia. Now that Sea has filed for an initial public offering and given a peak at its financials, the resembla

Tech

Life could get choppy for Sea after US$1 bil IPO

HONG KONG (Sept 25): Listed life can be rough. Sea, a Southeast Asian startup formerly known as Garena, has filed for a US initial public offering of up to US$1 billion ($1.35 billion). But larger deep-pocketed rivals are ramping up competition. An IPO at

Tech

Sea, former Garena, files for NYSE IPO

SINGAPORE (Sept 23): Sea, the internet company formerly known as Garena, is readying itself for an initial public offering (IPO) in the US.

Tech

Is the electronic games industry too big for its own good?

SINGAPORE (July 7): Every year in mid-June, a who’s who of the electronic entertainment and video game industry, from makers of consoles to game developers, descend on Los Angeles, the entertainment capital of the world and home to Hollywood, for E3, th

IPO

Southeast Asia's biggest startup said to file for US$1 bil IPO

SINGAPORE (May 24): Sea, Southeast Asia’s most valuable startup, has filed confidentially for a potential US initial public offering that could raise about US$1 billion ($1.4 billion), according to people with knowledge of the matter.

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.
Taizo Son

Tech

Billionaire Taizo Son ditches Japan to start afresh in Singapore

SINGAPORE (April 18): Singapore may have just added a new tech billionaire, but it had to lure him from Japan first.

Garena picks Goldman for US$1 billion IPO

SINGAPORE (Jan 11): Garena, Southeast Asia’s most valuable startup, picked Goldman Sachs Group Inc. to lead a planned initial public offering that could fetch about US$1 billion ($1.44 billion), according to people with knowledge of the matter.
Nick Nash, Garena

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?
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