SEA

Singapore's tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth.

Singapore-based tech conglomerate Sea Limited announced last Thursday the opening of its new global headquarters for its digital financial services business in Singapore, alongside its rebranding from SeaMoney to Monee.

Macro uncertainty caused by tariffs could slow the growth trajectory of the digital economy, especially for players reliant on discretionary consumer spending, Maybank Investment Bank said in its note on last Thursday.

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

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.

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

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 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 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.