Sea (Garena)

The Singapore-based Sea Limited (stylized as Sea) is a technology corporation. Forrest Li launched Sea in 2009; the company was formerly known as Garena and was best known for creating and publishing the game Free Fire. After receiving US$550 million in investment in May 2017, the company rebranded as Sea today while keeping the Garena name for its digital entertainment division. As of the year 2022, Sea will have about 67,000 employees.

Garena, SeaMoney, and Shopee are all subsidiaries of Sea, which acts as a holding company. Forrest Li bought, privatized, and rebranded Home United into the Lion City Sailors FC in the Singapore Premier League in 2020, making Sea the club's owner. According to reports from September 9, 2021, Sea was planning to raise as much as US$7.2 billion in an equity and convertible bond sale, making it the largest fund raising in Southeast Asia at that point. With this influx of capital, Sea stated it would make strategic investments and consider making acquisitions. The Chinese gaming company Tencent sold its $3 billion stake in Sea in January 2022.

In April 2023, the value of Sea (Garena) reached $47.33 billion. In terms of market capitalization, this places Sea (Garena) at #358. The most recent fiscal reports disclose TTM revenue of $12.44 billion for Sea (Garena). The company's sales in 2021 were $9.95 billion, up from $4.37 billion the previous year.

Founded: 2009
Headquarters: 1 Fusionopolis Place, #17-10, Galaxis, Singapore 138522
Website: www.sea.com