SEA

Maybank sees Sea as top pick within ASEAN internet

Maybank Investment Bank said Friday that it sees Singapore technology firm Sea as its top pick within ASEAN internet sector.

Sea’s revenue rises 36.9 percent year on year to $5B in fourth quarter on strong e-commerce

Sea Limited, the tech conglomerate headquartered in Singapore, announced Wednesday that its revenue for the fourth quarter ended December 31, 2024, jumped 36.9 percent year on year to $5 billion on strong e-commerce growth.

E-commerce platform Shopee partners Malaysia’s Takaful IKHLAS to offer Shariah-compliant motor insurance

The latest addition to Shopee’s growing suite of digital insurance and takaful offerings, IKHLAS Private Car Comprehensive Plus Takaful, aims to provide holistic, Shariah compliant motor takaful protection to users.

Maybank sees robust fintech to drive ASEAN internet sustained growth

Maybank Investment Bank said Wednesday that robust fintech will support elevated growth of ASEAN internet firms in 2025.

TNGlobal Tracker: Startup Funding Snapshot for November 2024

In November, early-stage funding dominated at 70.5 percent of the total investments, while seed-stage funding contributed 29.5 percent, reflecting a focus on early-stage investments.

Maybank sees ASEAN internet players to lead growth ahead of global peers

Maybank Investment Bank said Thursday that it foresees ASEAN internet players such as Sea, Grab and GoTo to lead growth ahead of global peers.

Singapore’s Sea revenue up 30.8 pct on year in third quarter

Singapore's consumer internet firm Sea announced Tuesday that its total revenue rose 30.8 percent year on year to $4.3 billion in the third quarter ended September 30, 2024, underpinned by higher e-commerce growth.

Maybank: new monetization avenues to help Sea Ltd to achieve margin targets sooner

Maybank Investment Bank said Wednesday that new monetization avenues will help Singapore-based tech conglomerate Sea to achieve margin targets sooner.

Singapore’s Sea revises up guidance for Shopee amid strong e-commerce momentum

Singapore-based tech conglomerate Sea Limited has raised the outlook for its e-commerce arm Shopee amid strong e-commerce momentum.

Sea’s revenue up 22.8 percent year on year in first quarter

Southeast Asian technology firm Sea saw its total revenue rise 22.8 percent year on year to $3.7 billion in the first quarter.