Who Owns Shopee?

What does Sea Limited own?
Sea Limited owns three consumer-facing brands: Shopee, an e-commerce marketplace; Garena, a digital gaming platform; and Monee, a digital financial services business. Shopee is the largest e-commerce platform in Southeast Asia by gross merchandise value. Garena publishes Free Fire, one of the most downloaded mobile games globally. Monee provides digital credit, payments, and insurance products across Sea Limited's operating markets.

Is Sea Limited publicly traded?
Yes, Sea Limited is listed on the New York Stock Exchange under ticker SE. The company went public in October 2017, raising approximately $884 million at a valuation of about $4.7 billion. The company is incorporated in the Cayman Islands and headquartered in Singapore. It files annual reports with the SEC as a foreign private issuer.

Who founded Sea Limited?
Sea Limited was founded in 2009 by Forrest Li, also known as Li Xiaodong. Li is a Chinese-born entrepreneur who studied at Stanford Graduate School of Business. He established the company in Singapore as Garena Interactive Holding, initially focused on online gaming. Li continues to serve as both Chairman and Chief Executive Officer.

Where is Sea Limited headquartered?
Sea Limited is headquartered in Singapore. The company is incorporated in the Cayman Islands, which is a common structure for technology companies listed on US exchanges that operate primarily in Asia. Sea Limited maintains its principal executive offices in Singapore and operates local subsidiaries across Southeast Asia, Taiwan, and Brazil.

What is Sea Limited's revenue?
Sea Limited reported GAAP revenue of $22.9 billion for fiscal year 2025, up 36.4 percent from $16.8 billion in 2024. Net income reached $1.6 billion, compared to $447.8 million in 2024. In the first quarter of 2026, revenue was $7.1 billion, up 46.6 percent year over year. The company's adjusted EBITDA for 2025 was $3.4 billion, up 75.2 percent.

Who owns Sea Limited?
Sea Limited is publicly traded with no controlling shareholder. Founder Forrest Li is the largest individual shareholder and serves as Chairman and CEO. Tencent Holdings is a significant shareholder, though it has reduced its stake over time. Major institutional investors include Vanguard Group, BlackRock, and State Street Global Advisors.

What is Shopee?
Shopee is Sea Limited's e-commerce marketplace and the dominant online shopping platform in Southeast Asia by gross merchandise value. In 2025, Shopee processed $127.4 billion in GMV across 13.9 billion gross orders, serving approximately 400 million active buyers and 20 million sellers. Shopee competes primarily against Lazada (Alibaba), TikTok Shop (ByteDance), and Tokopedia (GoTo Group).