Sea Limited (f.k.a. Garena Interactive Holding) is a Singapore-based consumer Internet company led by Founder, Chairman, and CEO Forrest Li. The company operates three main platforms: Garena (a digital entertainment platform providing mobile and PC online games across Greater Southeast Asia), Shopee (a mobile-centric e-commerce marketplace), and AirPay (a digital financial services platform). Sea focuses on Southeast Asian markets including Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia and Singapore, which collectively had 585.5 million people and US$3.0 trillion of GDP in 2016. The company said it will invest the majority of the new capital in the growth of its e-commerce platform Shopee, with a focus on key markets such as Indonesia. In addition to the funding, Sea appointed senior advisors including former Singapore Foreign Minister George Yeo, former Indonesia Minister of Trade Mari Pangestu, and Pandu Sjahrir as Chairman (President Commissioner) of its Indonesia operations. The company’s strategy centers on expanding Shopee while maintaining its digital entertainment and payments offerings across the region.

Total raised

$550M

Funding rounds

1

Latest round

Equity

Latest activity

May 2017