Is Sea Limited a Chinese company?
While Sea is based in Singapore, its founders are Chinese-born. The company is also backed by the Chinese technology and entertainment firm Tencent.
Is Sea a Singapore company?
Sea is headquartered in Singapore, and listed on the New York Stock Exchange under the ticker symbol ‘SE’. Our IPO in October 2017 was the largest US public listing ever by a Southeast Asian technology company.
What does the company Sea Limited do?
Sea Limited is a consumer Internet company. The Company operates under three segments, namely digital entertainment, e-commerce, as well as digital payments and financial services. Its businesses include Garena, Shopee, and SeaMoney.
Is Sea Ltd a China stock?
What happened. Shares of Sea Limited ( SE -2.96% ), a digital entertainment and e-commerce company, spiked today as the broader market rose and as shares of some Chinese stocks soared. Sea Limited is based in Singapore, but the Chinese tech giant Tencent Holdings owns an 18.7% stake in the company.
Is Sea a China stock?
Although Sea is not a Chinese company, it has always been regarded as an agent of Tencent outside China, Li Jianggan, CEO of Momentum Works, a consultancy for Southeast Asian tech ventures, told Caixin.
Why is Sea Limited down?
Summary. Sea Limited is down an astounding 75% from all-time highs. The company closed out the year with rapid growth in e-commerce and projected strong growth to continue next year. On the flip side, the company guided to steep struggles in its video game segment.
Is Sea Ltd a good company?
Summary. Sea Limited is a technology conglomerate consisting of digital entertainment, e-commerce, and digital financial services. The company is still not profitable, but can report extremely impressive growth rates in the last few quarters.
Who is the CEO of Sea Limited?
Forrest Li (May 8, 2009–)Sea / CEO
Who invested in Sea?
Sea is funded by 15 investors. Tencent and Farallon Capital Management are the most recent investors….Investors.
| Investor Name | Farallon Capital Management |
|---|---|
| Lead Investor | No |
| Funding Round | Series E – Sea |
| Partners | — |
Does Tencent own Sea Limited?
Chinese gaming and social media company Tencent Holdings has sold 14.5 million shares in Singapore-based gaming and e-commerce firm Sea at $208 each to raise $3 billion, according to a term sheet seen by Reuters. The sale of 14.5 million shares reduces Tencent’s stake in Sea to 18.7% from 21.3%.
Is se a Chinese stock?
However, in Sea Limited (NYSE:SE), we have a stock that still offers all of the attractive growth of Asia, more specifically Southeast Asia, and has a much more limited regulatory risk than Chinese stocks.
Who is Seasea group?
SEA Group was founded in Hong Kong in 1956, its subsidiary went public in 1973 and redomiciled to Bermuda in 1989. S E A Holdings Limited became the listed flagship company of the Group.
What is sea group’s core business?
The Group’s core business is property investment and development, as well as hotel operation, with diversified business over Hong Kong, United Kingdom, Australia and other countries. SEA Group was founded in Hong Kong in 1956, its subsidiary went public in 1973 and redomiciled to Bermuda in 1989.
What does sea stand for?
S E A Holdings Limited, also known as SEA Group is a company listed on the Stock Exchange of Hong Kong. The Group’s core business is property investment and development, as well as hotel operation, with diversified business over Hong Kong, United Kingdom, Australia and other countries.