Date of Update: 12/10/2019

Sea

Ticker: SE

Theme: Broad-based

Country: Singapore

Sector: Interactive Home Entertainment

Company Description:

Sea Limited is the leading digital entertainment and e-commerce company in Greater Southeast Asia ("GSEA"), which consists of the combined region of Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia and Singapore. Formerly known as Garena, Sea was founded in Singapore in 2009. Sea's business consists of three distinct verticals: Garena (digital entertainment), Shopee (e-commerce), and AirPay (digital payments).

3 Company Facts:

Free Fire, Garena's self-developed mobile battle royale, is one of the world's most popular mobile games. As of August 2019, the game had more than 450 million registered users.¹
In GSEA, Garena acts as the third-party publisher for popular game titles, including: Call of Duty: Mobile, Arena of Valor, and FIFA Online.
Shopee is the leading ecommerce platform in GSEA, surpassing 200 million downloads as of 2019.²

3 Industry Facts:

GSEA is the worl'd fastest-growing gaming market. PC and mobile game revenues are expected to grow from $5 billion in 2019 to more than $8.3 billion in 2023. The number of mobile gamers is expected to grow from 227 million now to 290.2 million in 2023.³
GSEA consists of nearly 600 million people, and accounts for $3 trillion in nominal GDP.⁴
GSEA is the fastest-growing esports audience globally.⁵

Related Companies: Tencent