Sea Ltd

Singapore’s Sea Ltd prepares move into Indonesia’s insurance sector – report

Singapore-headquartered e-commerce and gaming giant Sea Ltd is said to be preparing a move into Indonesia’s insurance sector. The US-listed tech firm has prepared plans to acquire…

GRAB-Singtel, Axiata’s Boost-RHB, Sea Ltd-YTL, AEON Credit consortiums among winners of Malaysia digital banking licenses

Bank Negara Malaysia announced on Friday the five successful applicants for the digital bank licenses as approved by the Minister of Finance Malaysia. The country will have three…

Sea Ltd’s Shopee to close down India operations – report

Shopee, the e-commerce arm of Singapore-headquartered Sea Ltd, said it is shutting down its operations in India "in view of global market uncertainties", Reuters reported on…

Sea Ltd’s Shopee exits France months after entering Europe – report

Singapore-headquartered Sea Ltd.’s e-commerce arm Shopee is said to be pulling out of France, retreating from a major market just months after launching its maiden foray into…

Tencent divests 2.6% of equity interest in Singapore’s Sea Ltd

Chinese gaming and social media giant Tencent Holdings Ltd announced on Tuesday that it has entered into a transaction to divest an aggregate of 14.49 million Class A shares of…

Southeast Asia’s Top 10 tech news in 2021

In 2021, many parts of the world (perhaps excluding China and North Korea) including Southeast Asia are still very much affected by the COVID-19 pandemic, no thanks to the more…

Sea’s Shopee launches food delivery service in Malaysia rivalling GrabFood, Foodpanda

Singapore-headquartered tech conglomerate Sea Ltd's e-commerce arm Shopee has officially launched food delivery services ShopeeFood in Malaysia. The service, which will be rolled…

Sea Group office and logo

Singapore’s Sea aims to raise $6.3B in share & convertible bond sale

Singapore-headquartered e-commerce and gaming firm Sea Ltd plans to raise $6.3 billion in a share and convertible bond sale, the company announced on Thursday. The US-listed tech…

Singapore’s Sea Q2 revenue jumps 159% on-year; raises full year 2021 guidance

Singapore-headquartered e-commerce and gaming group Sea Ltd reported a 158.6 percent jump in revenue to $2.3 billion in the second quarter of 2021, mainly driven by growth in the…