The majority of the money will be reinvested in Sea’s ecommerce platform, Shopee.
May 8, 2017
‘Singapore-based tech company Garena has been rebranded as Sea after securing US$550 million (S$772.4 million) in a new round of funding.
Sea is now believed to be valued at more than US$3 billion, making it South-east Asia’s largest unicorn – a start-up that has grown to be privately valued above US$1 billion.’