Sea Group

Sea Group office and logo

Sea makes major FinTech push as it acquires Indonesia’s Bank BKE

Singapore-based global consumer internet company Sea Ltd. has reportedly acquired the Jakarta-based Bank Kesejahteraan Ekonomi. Sources who requested not to be named revealed that…

Sea Group office and logo

Sea Group set to secure up to $2.6B through American depositary share offering

Sea Group announced on December 10, 2020 its intention to offer 11 million American depositary shares (ADS), which can raise $2.2 billion for the company. Each ADS represents a…

Fintech, smartphone digital banking

Singapore now has 4 digital banks after MAS grants licences to Grab-Singtel, Sea Group, Ant Group, and Greenland Financial

The Grab Holdings Inc. and Singtel partnership to operate a digital bank gets a nod from the Monetary Authority of Singapore (MAS), allowing the consortium to accept deposits and…

Shopee is now an $8 billion juggernaut

Southeast Asian internet giant Sea—the company behind Shopee and Garena—has a lot of record highs in its latest financial report, which covers April to June and was released…

Shopee’s explosive growth pushes Sea to near $1b revenue

Southeast Asia’s popular Shopee app is seeing explosive growth right now as the pandemic lockdowns push people to shop more online. In April, Shopee’s number of orders were up…