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Sea Limited American Depositary Shares, each representing one Class A Ordinary Share, also called Sea Limited, is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. Read More The Digital Entertainment segment offers access to game-related content through game forums, group voice chat, live streaming, and other user socializing functions on the Garena mobile app and desktop application. The E-Commerce segment manages third-party marketplace through the Shopee mobile app and websites that connects buyers and sellers. The Digital Financial Services segment includes financial services to individuals and businesses, including e-wallet and payment services through the AirPay mobile app and AirPay counter applications on mobile phones or computers. The company was founded by Xiao Dong Li, Gang Ye, and Jing Ye Chen in May 2009 and is headquartered in Singapore.
Singapore, Central Singapore
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Internet major Sea raises $1.5bn in expanded US share sale
Regional internet firm Sea Ltd on Monday announced that it has raised a total of $1.5 billion in its upsized offering of American Depositary Shares (ADSs) in the US after selling a total of 69 million shares at $22.50 each.
Yahoo FinanceMar 11
Sea Limited closes shares offering at over US$1.5B
In the upsized offering of American Depositary Shares (ADSs), the company said it has offered a total of 69,000,000 ADSs, bringing a total amount of US$1.5 billion funds raised Sea Limited, the company behind e-commerce Shopee and digital entertainment platform Garena, has announced that it has closed their offering of 60,000,000 American Depositary Shares (ADSs), each represents one Class A ordinary share of the Company, at US$22.50 per ADS. An additional option of 9,000,000 ADSs underwriters offering was...
Guru FocusMar 11
Sea Limited Raises Over US$1.5 Billion in Upsized Offering of American Depositary Shares
SINGAPORE, March 10, 2019 /PRNewswire/ -- Sea Limited (NYSE: SE) ("Sea" or the "Company") today announced the closing of its previously announced offering of 60,000,000 American Depositary Shares ("ADSs"), each representing one Class A ordinary share of the Company, at US$22.50 per ADS. In response to strong investor demand, the offering size was increased from an initial 50,000,000 ADSs as announced when the Company launched the deal.