Sea Ltd - Asia Tech Wire

Sea Ltd

2024.05.28

08:53

Southeast Asian Internet giant Sea investigated by Indonesian antitrust authorities

Asia Tech Wire (May 28) -- Indonesian antitrust authorities are investigating Southeast Asian Internet giant Sea Ltd. for potentially unfairly favoring its own delivery service, according to Bloomberg.

2021.09.13

04:34

Shopee to launch short video app to compete with TikTok, sources say

Asian Tech Press (SEP 13) -- According to sources, Singaporean e-commerce giant Shopee will launch a short video app in the Southeast Asian market to directly compete with ByteDance's TikTok. The project has a high priority and budget, and its new team includes several former international members of ByteDance.

2021.09.09

09:08

Sea aims to raise $6.3 billion for further expansion

Asian Tech Press (SEP 09) -- Singapore's Sea Ltd. has filed documents saying it plans to raise $6.3 billion through equity and convertible bond offerings, making it one of the largest financings ever in the region.

2021.08.31

04:36

Sea CEO becomes the new richest man in Singapore, worth $19.8 billion

Asian Tech Press (Aug 31) -- Forrest Li, co-founder, chairman and CEO of Singapore-based Sea Ltd (SE:New York), Southeast Asia's largest Internet company, has become the city-state's new richest person, worth $19.8 billion, Bloomberg reported Tuesday.

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