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SEA LTD FORREST LI
Hyperlocal deliveries fuel 300% stock rise for Shopee ownerShopee, owned by Sea Ltd., has experienced a remarkable resurgence in Southeast Asia's e-commerce market, with its stock soaring. This come...- Sea posts surprise loss on hefty ecommerce investments, shares fallRising competition from Alibaba Group's Lazada and ByteDance's TikTok, along with new entrants like PDD's Temu, have forced Sea to revamp i...
- Free Fire back in India as Hiranandani and Singapore's new citizen navigate through govt's China banSea Ltd. is relaunching its mobile game, now called Free Fire India, in the country after it was banned a year and a half ago. The game wil...
- TikTok emerges as threat to Amazon with $20 billion shopping pilotFor the company, best known for viral dance challenges and owned by China’s ByteDance Ltd., TikTok Shop is its fastest-growing feature with...
- Sea CEO declares 5% raises after Singapore firm turns a profitSea Ltd. said it is giving most employees a 5% pay increase after turning profitable, a milestone for the Singapore e-commerce and gaming c...
- Govt panel calls for national online gaming law; Ethereum completes MergeA panel comprising top government officials, which has been drafting regulations for the country's online gaming sector for months, has cal...
- Sea’s billionaire CEO to forgo salary as cost cuts spreadThe company will cap business travel to economy class flight fares, with travel meal expenses limited to $30 a day. It will also curb spend...
- Tech workers left hanging as Sea e-commerce arm Shopee rescinds job offersFour people interviewed by Reuters who have participated in a WeChat group of some 60 people that was set up to discuss Shopee's withdrawal...
- Tech’s biggest losers in 2022What’s different this time is the companies getting battered are market leaders in their categories, not recent upstarts looking to cash in...
- CAIT calls for a ban on Shopee following govt ban on 54 Chinese apps"Surprised Chinese company Shopee is not there in the list of ban apps. Though it has the same parent company Garena Free Fire and is owned...
- The 880% stock rally that’s trouncing Tesla and everything elseThis stock has quietly become the world’s best-performing large-cap stock, stoking a debate on Wall Street over whether the Singapore-based...
- Southeast Asia’s most valuable startup Sea raises $884 million in IPOThe games company is backed by Tencent Holdings Ltd. and has benefited from the Chinese company’s support.
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