Posts filtered by tags: Sea Ltd[x]


 

Game Maker Says Apple, Google Selling Rip-offs in New Lawsuit

The maker of the popular game "PlayerUnknown's Battlegrounds" says in a new U.S. lawsuit that a Singapore-based company made rip-off versions of its game, and Apple and Google have refused to stop selling them. From a report: Krafton alleged Monday in a Los Angeles federal court complaint that Garena Online's "Free Fire" games copy several copyrighted aspects of PUBG: Battlegrounds, including its game structure and in-game items, equipment, and locations. Released in 2017, Battlegrounds was one ...
Tags: Apple, Google, Singapore, Los Angeles, Tech, Apple Google, Garena, Sea Ltd, Krafton, Garena Online, Warzone Korea, Krafton Apple


Singapore-Based Shopee to Launch Online in Spain, Social Media Account Says

By Fanny PotkinSINGAPORE (Reuters) - Shopee, the e-commerce arm of Southeast Asia's Sea Ltd, plans to launch online sales in Spain via its website...
Tags: Southeast Asia, Singapore, Spain, Sea Ltd, Fanny PotkinSINGAPORE Reuters Shopee


Sea Ltd Raises About $6 Billion in Mega Fund Raising

(Reuters) - Southeast Asian technology giant Sea Ltd said it has raised about $6 billion in an equity and convertible bond sale.Sea has priced 11...
Tags: Sea Ltd, Reuters Southeast Asian technology giant Sea Ltd


Sea Ltd Seeks $6.3 Billion, in One of SEAsia's Biggest Fundraisings

HONG KONG (Reuters) - Southeast Asian technology company Sea Ltd plans to raise$6.3 billion in a share- and convertible bond sale, in one of the...
Tags: Sea Ltd, SEAsia


Sea Looking to Raise $6.3 Billion in SE Asia's Biggest Fundraising

By Scott Murdoch and Anshuman DagaHONG KONG (Reuters) - E-commerce and gaming company Sea Ltd is looking to raise $6.3 billion in a share and...
Tags: Asia, Sea Ltd, Scott Murdoch, Anshuman DagaHONG KONG Reuters


Shopee Dips Toe in India E-Commerce Market With Seller Recruitment Campaign

By Fanny PotkinSINGAPORE (Reuters) - Singapore-headquartered Sea Ltd's Shopee has launched a recruitment campaign for sellers to sell on "Shopee...
Tags: India, Sea Ltd, Shopee, Fanny PotkinSINGAPORE Reuters Singapore


Sea’s Shopee to Launch in Chile and Colombia

SINGAPORE (Reuters) - Shopee, the e-commerce arm of Southeast Asia's Sea Ltd, will launch in Colombia and Chile, where it plans to offer online...
Tags: Southeast Asia, Singapore, Colombia, Chile, Sea Ltd, Reuters Shopee


Video game stocks are primed to be the next hot trade for millennials, research firm says

SOPA Images / Contributor / Getty Images Data on investment from retail traders points to video game companies becoming the next hot trade, particularly for millennial investors, says VandaTrack. A surge in investment by retail traders has been seen in names including Roblox, Sea Ltd., and Nvidia. "While it's not 100% obvious that NVDA belongs to the gaming category...purchases of the stocks have risen inline with Roblox and Sea.," Vanda said in a note. See more stories on Insider&#...
Tags: Singapore, US, Trends, Markets, Nvidia, Skillz, NVDA, Carla Mozee, Roblox, Sea Ltd, MI Exclusive, Ben Onatibia, RBLX stock, Video Game Stocks, SE stock, SEA stock


Sea's Shopee to Enter Mexico Online Market With App Launch

MEXICO CITY (Reuters) - Shopee, the e-commerce arm of Southeast Asia's Sea Ltd, has launched an app for Mexico, where it plans to offer online...
Tags: Mexico, Southeast Asia, Sea Ltd, Reuters Shopee


Tesla short-sellers have lost more than $39 billion betting against the stock in 2020

Reuters Short-sellers betting against Tesla's stock have lost more than $39 billion in 2020, according to data compiled by S3 Partners.Tesla, which remains the most shorted stock in the market, has staged a 677% year-to-date rally as of Monday's close and was added to the S&P 500 on Monday."There is still a school of thought that this is a bubble that Elon Musk created, and we're going to short that bubble," said S3 Partners founder Bob Sloan. "Eventually things mean revert, the company ha...
Tags: Apple, Amazon, Elon Musk, Trends, Markets, Tesla, Bloomberg, Alibaba, Trading, Stocks, Stock Market, Reuters, Short Sellers, Short Selling, Sloan, Apple Amazon


Video-Game Makers Ride To Riches on Arc of Keanu Reeves's Career

An anonymous reader shares a report: "Sonic the Hedgehog 3" had just been released and Keanu Reeves was about to hit the big screen in "Speed" when Marcin Iwinski and high school pal Michal Kicinski launched their video-game company. It was May 1994 and the CD-ROM was still in vogue, so they called their venture CD Projekt and set out to distribute games for the Polish market. They struck deals with developers including Activision and Acclaim Entertainment, translating dialog, instructions and p...
Tags: Microsoft, Singapore, Tech, Poland, Keanu Reeves, Warsaw, Activision, Tim Sweeney, Marcin Iwiński, Sea Ltd, Iwinski, Kicinski, Michal Kicinski, Los Angeles Reeves, Gang Ye


Amazon launches bigger local online store in Singapore

Amazon.com Inc has launched a bigger local store and marketplace in Singapore, expanding its product selection and intensifying competition with rivals such as Alibaba Group Holding Ltd's Lazada and Sea Ltd's Shopee.
Tags: Amazon, Money, Singapore, businessNews, Alibaba Group Holding Ltd, Amazon com Inc, Lazada, Sea Ltd


A Billionaire Forged in Free Fire, the Fortnite of Singapore

It’s Sea Ltd.’s marquee hit, a virtual landscape housing more people than the American population and the prime reason Chinese-born founder Forrest Li is climbing the real world’s wealth rankings. The 41-year-old entrepreneur owns 13.8 percent of Singapore-based Sea, a stake now worth roughly $1 billion, according to the Bloomberg Billionaires Index. Shares in Southeast Asia’s biggest gaming service surged 35 percent on Wednesday -- the most since its 2017 initial public offering -- after repo...
Tags: Science, Southeast Asia, Singapore, Sea, Forrest Li, Sea Ltd, Bloomberg Billionaires Index Shares


A New Billionaire Emerges From Singapore Gaming Powerhouse Sea

It’s Sea Ltd.’s marquee hit, a virtual landscape housing more people than the American population and the prime reason Chinese-born founder Forrest Li is climbing the real world’s wealth rankings. The 41-year-old entrepreneur owns 13.8 percent of Singapore-based Sea, a stake now worth roughly $1 billion, according to the Bloomberg Billionaires Index. Shares in Southeast Asia’s biggest gaming service surged 35 percent on Wednesday -- the most since its 2017 initial public offering -- after repo...
Tags: Science, Southeast Asia, Singapore, Sea, Forrest Li, Sea Ltd, Bloomberg Billionaires Index Shares, Singapore Gaming Powerhouse Sea


Why Shares of Sea Ltd Surged Today

The internet company is growing revenue at a breakneck pace.
Tags: Finance, Article, FBN, Motley Fool, Fbn/markets, Fox-business/markets, Sea Ltd, 9565c0a8-906e-58ac-bb7f-3f66c227eee5


China’s Tencent invests in Indonesia’s Go-Jek amid SE Asia push, say sources: Reuters

Tencent Holdings Ltd (0700.HK) has invested around $100 million to $150 million in Indonesian ride-hailing startup Go-Jek, sources said, in another sign the Chinese tech giant was looking to tap into growth in Southeast Asia’s mobile-based services. Go-Jek, which already counts global private equity firms KKR & Co LP (KKR.N), Warburg Pincus LLC [WP.UL] and venture capital player Sequoia Capital as investors, is seeking to raise more capital from existing and new investors, the sources said. The ...
Tags: Asia, Indonesia, China, Southeast Asia, Singapore, Trends, Alibaba, Tencent, Sequoia Capital, Reuters, Warburg, Tencent Holdings Ltd, Garena, Tokopedia, VC Deals, Alibaba Group Holding Ltd BABA N


Brand News: 10 Things You Need to Know for Monday, May 8th

Branding news and developments we’re watching: Coach Inc. announced that it’s acquiring Kate Spade & Co. for $2.4 billion, adding to a house of brands that already includes Stuart Weitzman. And in other M&A news, U.S. TV station giant Sinclair Broadcast Group Inc. is reportedly close to a deal to acquire Tribune Media Co. for “close to $4 billion,” combining two of America’s biggest operators of local television stations. America’s biggest cable operator, Comcast, meanwhile has struck a deal wi...
Tags: Amazon, Usa, New York, Advertising, Toronto, America, Walmart, Canada, Comcast, Porsche, Alibaba, Airbnb, American Apparel, Kfc, Cannes Lions, Sanders


Garena rebrands to Sea and raises $550 million more to focus on Indonesian e-commerce

 Garena, one of Southeast Asia’s biggest tech startups, has picked up $550 million in new funding and changed its name. The Singapore-headquartered consumer Internet company told Bloomberg that it is now called Sea Ltd. to reflect is global expansion plans (and also because SEA is an acronym for Southeast Asia). Its new valuation was undisclosed. Read More
Tags: Fundings & Exits, Startups, TC, Ecommerce, Asia, Indonesia, Southeast Asia, Singapore, Tech, Bloomberg, Sea, Garena, Sea Ltd