Forrest Li

US stocks

The world's hottest stock is a money-losing tech giant soaring 880%

It gets far less attention than Tesla, the FAANGs or even the Robinhood flavour of the week.

DBS and Sea: Two ends of a barbell?

In print this week

DBS and Sea: Two ends of a barbell?

SINGAPORE (July 9): On May 21, the market value of New York-listed consumer Internet company and aspiring digital bank Sea overtook that of traditional bank DBS Group Holdings, which has been calli

Fintech

Sea, another Temasek-linked company, joins digital bank licence bid

SINGAPORE (Jan 7): Sea Limited, which started as an online gaming company, is going solo in its bid for a digital full bank licence here in Singapore, targeting millennials and SMEs.

Startups • Entrepreneurs • Digital economy

A new billionaire emerges from Singapore gaming powerhouse Sea

(March 1): Free Fire is a world unto itself. More than 40 million players log on each day to find weapons and battle it out till one character’s left standing.

Sea raises US$575 mil in convertible notes offering

SINGAPORE (June 19): Sea has completed its previously announced offering of US$575 million ($777 million) aggregate principal amount of 2.25% convertible senior notes due 2023.

Singapore economy

Singapore's entrepreneurial scene looks less boring with spate of megadeals

SINGAPORE (Nov 30): Back in 2002, as the city-state was emerging from its worst recession since 1964, the government was getting impatient over the economy's disproportionate reliance on multinatio

Startups • Entrepreneurs • Digital economy

Garena rebrands as Sea after raising US$550 mil in new funding

(May 8): Garena has rebranded as Sea after Southeast Asia’s most valuable startup secured US$550 million ($772 million) in funds to step up a battle with Chinese e-commerce giant Alibaba and other

Nick Nash, Garena

Growing beyond games

Garena is expanding into e-payments and e-commerce. Both industries are well populated with players that do not seem interested in making money.

Tech

Temasek unit among new wave of investors in Garena

SINGAPORE (Sept 5): Temasek Holdings’ wholly-owned subsidiary, SeaTown Holdings International, has joined Indonesia-based Global Digital Prima Venture and Japan-based Mistletoe in a new investment

Tech

Game publisher Garena secures its base in Southeast Asia; gets ready to 'level up'

SINGAPORE (July 23): Singapore stert-ups base themselves in Singapore for a variety of reasons.

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