
S’pore’s Most Valuable Company Sea Plans To Raise S$2.67B In US Stock Offering
With the offering, the company would raise US$2.2 billion at Wednesday's closing price, or US$2.6 billion with the additional shares.
With the offering, the company would raise US$2.2 billion at Wednesday's closing price, or US$2.6 billion with the additional shares.
Licensees will now be able to provide retail customers with services such as account openings, deposits, as well as debit and credit cards.
This programme will benefit 500 Singaporeans, comprising 400 entry-level and 100 mid-career jobseekers.
Sea operates three main lines of business - a gaming arm called Garena, the e-commerce arm Shopee and a digital financial services business called SeaMoney.
With players like Grab, Razer and Sea, those hoping to snag a digital bank license come from diverse fields and could have interesting things to offer.
The platform will offer a range of insurance products at reduced premiums to users through the Grab mobile app.
Alibaba investment veteran believes SEA startup’s valuation will be growing faster than their Chinese peers’.
This new service allows both banked and unbanked senders to remit money to receivers in another country using their GrabPay wallets.
The investment from Toyota will see the two companies expand on their existing partnership and explore new mobility strategies across the region.
A few hours after Arcade City announced its plan to launch in Southeast Asia on April 16, the Land Transportation Franchising and Regulatory Board (LTFRB) issued a 'cease and desist' order to the startup.
Singapore-headquartered, Southeast Asia-based Sea, formerly known as Garena, has filed for an IPO on the New York Stock Exchange.
You can now enjoy a seamless ride-hailing experience travelling to America, with Grab and Lyft now having two-way integration with each other!