Sea (Garena)
Singapore-based technology conglomerate Sea Limited (stylized as sea). When Forrest Li first started Sea in 2009, it was under the name Garena, and its flagship game was 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.
Sea is a holding corporation that operates the companies Garena, SeaMoney, and Shopee. Forrest Li purchased, privatized, and renamed Home United before selling it to Sea in 2020. Sea has owned the team since then. According to reports from 9 September 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. To make strategic investments and possibly make certain acquisitions, Sea stated it would spend the money. To the tune of $3 billion, Chinese gaming giant Tencent unloaded its stake in Sea in January 2022.
Founded: 2009
Headquarters: 1 Fusionopolis Place, #17-10, Galaxis, Singapore 138522
Website: https://www.sea.com/home