Nick Nash

Sea reports mounting losses, president Nick Nash to depart
SINGAPORE (Mar 1): Sea, operator of Southeast Asia’s biggest gaming platform, reported mounting losses amid investments for growth and said group president Nick Nash will leave his position at the end of the year. The Singapore-based company reported its net loss for the quarter ended in December more than tripled to US$263.1 million ($348.6 million), compared with analyst estimates that it ...
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. Is Singapore’s most valuable start-up likely to come out ahead? Singles’ Day sales in China are running out of steam after eight years. The oneday shopping bonanza saw growth slow to a modest 32% this year, compared with 60% in 2015. But consumer ...