The Business Times

Garena

Startups

Garena’s gaming revival could prove a false dawn for Sea

Sea's chairman Forrest Li says that the company will continue to put its users first.
Startups & Tech

Sea to make Shopee prices more competitive, build digital banking services after first year in the black

The offices leased to Sea are in the upper part of the 17-storey tower at Rochester Commons; The project was completed in phases in the second half of 2022.
Commercial & Industrial
SINGAPORE PROPERTY

Shopee’s parent Sea seen consolidating Singapore footprint in one-north, Science Park

The growth of Sea's e-commerce arm, Shopee, will be key in achieving long-term profitability says Forrest Li, chairman and chief executive at Sea.
Startups

Sea posts US$143.9 million loss for Q3 2023 with focus on e-commerce growth

Sea has reported yet another profitable quarter, as gross profit margins improve in its e-commerce segment.
Startups

Sea posts Q2 profit of US$331 million but misses revenue forecasts

Sea Limited founder Mr Forrest Li, who is taking over Singapore Premier League club Home United and privatising it to become Lion City Sailors.
Startups & Tech
HOCK LOCK SIEW

As Sea awes investors with profits, its challenge is sustaining momentum

Sea's adjusted earnings before interest, taxes, depreciation and amortisation has turned positive three quarters ahead of market expectations.
Startups & Tech

Brokers’ take: Analysts positive on Sea after surprise turnaround in Q4 2022

The Business Times reported in May last year that Sea Ltd, parent company of e-commerce player Shopee, was expected to lease most of the office space at the CapitaLand Development-owned property in tandem with its business growth.
Mobile SpotlightProperty

Sea seeking replacement tenant for its 200,000 sq ft of space in Buona Vista

Sea’s gaming segment remains the sole weak spot in the group’s latest set of financial results, notes CGS-CIMB.
Companies & Markets

Brokers’ take: CGS-CIMB upgrades Sea to ‘add’ as losses narrow

A spokesperson for Sea told Reuters the company had “made some changes to improve efficiency in our operations that impact a number of roles”, saying it would focus on the “long-term strength of our ecosystem”.
Startups

Sea cuts some Garena unit jobs, shuts projects, sources say

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