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Sea Prices Offering Of $1 Billion Convertible Notes
Sea Proposes To Offer US$1 Bln In Aggregate Principal Amount Of Convertible Senior Notes Due 2024
Sea Limited Posts Q3 Revenue Of $610.1 Million
Sea Limited, formerly Garena Interactive Holding Limited, is an Internet company. The Company operates through three segments: digital entertainment, e-commerce and digital financial services. The Company has developed an integrated platform consisting of digital entertainment focused on online games, e-commerce, and digital financial services focused on e-wallet services. Its platforms include Garena, Shopee, and AirPay. Garena provides access to engaging mobile and personal computer (PC) online games, live streaming game play, as well as social features such as user chat and online forums. Shopee is an e-commerce marketplace where users come together to browse, shop and sell on-the-go, anytime, anywhere. AirPay App is the Company’s digital financial services business that provides e-wallet services to consumers through the AirPay App and to small businesses through the AirPay counter application.
Software & Programming
1 Fusionopolis Place, #17-10 Galaxis
Forrest Xiaodong Li
Chairman of the Board, Chief Executive Officer
Nick A. Nash
Group Chief Financial Officer
Chief Executive Officer - Thailand
Chief Executive Officer - Shopee
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Amazon.com Inc <AMZN.O> 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 <BABA.N> Lazada and Sea Ltd's <SE.N> Shopee.
Thailand's largest lender Siam Commercial Bank Pcl (SCB) announced a partnership with e-commerce and game developer Sea Ltd's Thai operations to provide payments and lending services as it seeks to increase revenues from digital banking.
Nicholas Nash, the former president of Singapore-based online gaming and e-commerce company Sea Ltd, has launched a private equity firm - Asia Partners - to invest in Southeast Asian technology start-ups.
Singapore-based digital entertainment company Sea Ltd said it has priced its follow-on offering at $22.50 per American depositary share (ADS), valuing the total size of the issue at $1.35 billion.
Singapore-based online gaming and e-commerce company Sea Ltd on Thursday priced $500 million convertible senior notes due 2023 and said it expects an affiliate of Tencent Holdings to buy up to $50 million of the offering.
* QTRLY GROUP TOTAL ADJUSTED REVENUE WAS US$197.0 MILLION, UP 81.2% YEAR-ON-YEAR FROM US$108.8 MILLION FOR Q1 OF 2017
* TIGER GLOBAL MANAGEMENT REPORTS STAKE OF 1 MILLION SPONSORED ADS IN IQIYI INC
Online gaming and e-commerce firm Sea Ltd <SE.N> reported a larger-than-expected fourth-quarter loss and the departure of its president, who was the public face of the company during its listing in the United States last year.
Online gaming and e-commerce firm Sea Ltd reported a larger-than-expected fourth-quarter loss, hurt by soaring marketing expenses as the company pumped money into promoting its e-commerce business.
Singapore-based online gaming and e-commerce firm Sea Ltd reported a nearly 41 percent jump in fourth-quarter revenue and a wider loss because of rising costs and expenses.
* SEA LIMITED REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS
Singapore-based online gaming and e-commerce firm Sea Ltd reported a 4 percent rise in third-quarter revenue and a wider loss as it boosted marketing spending, in its first earnings report since going public in the United States in October.
Sea Ltd, a Singapore-based online gaming and e-commerce firm, reported a 4 percent rise in quarterly revenue.
Canada's Enbridge Inc said on Wednesday it would cut about 1,000 positions, or 6 percent of its work force, after buying Spectra Energy Corp of Houston, the first layoffs for the combined energy infrastructure company, the biggest in North America.
* Enbridge and Spectra Energy complete merger Source text for Eikon: Further company coverage:
* S&P Dow Jones Indices - Incyte will replace Spectra Energy in the S&P 500 effective at the open of trading on February 28
* Spectra Energy to be removed from the Alerian Energy Infrastructure Index Source text for Eikon: Further company coverage:
* Enbridge and Spectra Energy merger expected to close February 27, 2017 Source text for Eikon: Further company coverage:
* Spectra Energy reports fourth quarter and year-end 2016 results
* Enbridge and Spectra Energy obtain FTC clearance for their proposed combination
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