Sea Ltd, often referred to as Sea, is a leading internet company based in Singapore. It was founded in May 2009 by Forrest Li, a Chinese-born entrepreneur. Originally known as Garena, the company started as a gaming platform but later expanded its services to become a diversified digital entertainment and e-commerce powerhouse.
Sea operates three main business segments: Garena, Shopee, and SeaMoney. Garena is a gaming platform that offers a wide range of online games, including popular titles like Free Fire, which has become one of the world's most downloaded mobile games. Shopee is one of the largest e-commerce platforms in Southeast Asia and Taiwan, offering a wide variety of products ranging from electronics and fashion to household goods. SeaMoney is the company's digital financial services arm, providing mobile wallet services, payment processing, and other financial solutions.
Sea has since experienced substantial growth, driven by its strong presence in the rapidly expanding Southeast Asian markets. It has become one of the region's most valuable technology companies and has expanded its operations into other regions, such as Latin America.
The success of Sea is largely attributed to its popular gaming platform, Garena, and the e-commerce platform, Shopee. These platforms have capitalized on the region's growing digital adoption and the rising popularity of online gaming and e-commerce. Additionally, Sea's strategic expansion into digital financial services through SeaMoney has enabled the company to tap into the growing demand for digital payments and financial solutions in the region.