Sea Ltd

For other companies named Sea, see Sea Group.

Sea Limited
Sea Ltd
Company typePublic
NYSE: SE
ISINUS81141R1005
Founded2009; 15 years ago (2009)
FounderForrest Li
Headquarters1 Fusionopolis Place, #17-10, Galaxis, Singapore 138522
Area served
Worldwide
Key people
Forrest Li (Founder & CEO)
Products
RevenueUS$13.1 billion[1] (2023)
US$162.7 million[2] (2022)
Owners(As per 30 June 2024)[3]
  • Tencent (18.4 %),[4]
  • Baillie Gifford & Co. (6.45%),[3]
  • Forrest Li (3.67%),
  • Tiger Global Management LLC (2.84%),[3]
  • BlackRock Fund Advisors (2.06%),[3]
  • Sands Capital Management LLC (1.76%)[3]
SubsidiariesGarena
SeaMoney
Shopee
Lion City Sailors FC
SeaBank Indonesia
SeaBank Philippines
MariBank
Websitewww.sea.com
Footnotes / references
[5]

Sea Limited (Stylized as: sea) is a tech conglomerate headquartered in Singapore. Established in 2009 by Forrest Li, Sea was initially founded as Garena, a game development and publishing company known for its Free Fire title. The company rebranded itself under the present-day Sea brand in May 2017 after securing funding worth US$550 million, although the Garena brand was retained for its digital entertainment arm.[6][7] Sea has over 67,000 employees, as of 2022.[8]

Sea currently functions as a holding company for Garena, SeaMoney, and Shopee.[9] Since 2020, Sea is also the owner of Singapore Premier League football club Lion City Sailors FC, after Forrest Li acquired, privatised and renamed Home United.[10]

  1. ^ Mulia, Khamila (4 March 2024). "Sea Posts First Annual Profit in 2023 as Shopee Clocks Strong Revenue Growth". Deal Street Asia.
  2. ^ Chiang, Sheila (8 March 2023). "Singapore's Sea Group turns profitable for the first time". CNBC.
  3. ^ a b c d e "Equities". Financial Times.
  4. ^ "FORM 20-F". SEC.
  5. ^ "Sea Group". Sea Group. Retrieved 28 September 2023.
  6. ^ "Tech company Garena raises US$550m, rebrands as Sea". The Straits Times. 8 May 2017.
  7. ^ "'Stay hungry, stay foolish': How Forrest Li built the biggest internet company in Southeast Asia". KrASIA. 24 March 2022. Retrieved 25 March 2022.
  8. ^ "Sea: Number of Employees 2016-2022 | SE". www.macrotrends.net. Retrieved 13 June 2022.
  9. ^ "Sea is raising up to $1.5B for its Shopee e-commerce business in Southeast Asia". TechCrunch. 6 March 2019.
  10. ^ Chia, Han Keong (14 February 2020). "Lion City Sailors are Singapore's first privatised football club".