Shopee

IPO

Will a mattress IPO raise Asian e-commerce from its slumber?

SINGAPORE (Jan 31): The sleepy US IPO market could be woken up by an online mattress company. Casper, a pioneer in online mattress sales, is the first major IPO in 2020.

Company in the news

Sea rolls with Garena’s gaming business but e-commerce unit Shopee remains in the red

(Sept 16): When Shopee was launched four years ago, the event was held at a second-floor café with about 30 people attending.

Company in the news

Angry K-Pop fans spur probe into Sea

(June 7): The Philippines has begun an investigation into Sea Ltd. online mall Shopee after fans of K-pop girl group BlackPink complained it mishandled promotions around a meet-and-greet event.

Results

Sea loss widens on investment in Shopee e-commerce platform

(Aug 22): Sea Ltd., operator of Southeast Asia’s biggest gaming platform, posted a wider quarterly loss as it invests in building up e-commerce platform Shopee.

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.

Results

Sea mulls raising funds for e-commerce as quarterly loss triples

(May 16): Sea, operator of Southeast Asia’s biggest gaming platform, said it may raise funds to strengthen its balance sheet after its quarterly loss tripled on rising investments at mobile-shoppin

Tech

Shorts sellers square off with analysts over still in the red Sea

(Feb 27): Sea, operator of Southeast Asia’s biggest gaming platform, has had a rough start as a public company.

Tech

Life could get choppy for Sea after US$1 bil IPO

HONG KONG (Sept 25): Listed life can be rough. Sea, a Southeast Asian startup formerly known as Garena, has filed for a US initial public offering of up to US$1 billion ($1.35 billion).

Tech

Sea, former Garena, files for NYSE IPO

SINGAPORE (Sept 23): Sea, the internet company formerly known as Garena, is readying itself for an initial public offering (IPO) in the US.

In print this week

This company has its game face on for new frontiers

SINGAPORE (Nov 18): This year, a newcomer joins the ranks to capture a slice of the online shopping pie: Shopee, powered by Southeast Asia’s most valuable start-up, Garena.

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