| Founded | 2009 |
|---|---|
| Country | Singapore |
| Sector | Ecommerce |
| Total raised | ~$6B raised |
| Collapse type | Mass Layoff Spiral |
| Founder | Forrest Li |
Sea Limited
"The $200B pandemic darling that lost 89% of its value in seven months"
Cascading layoffs that accelerated the decline
Key Events Timeline
Sea Limited was founded in 2009 in Singapore by Forrest Li with three operating businesses: Garena (online gaming and Free Fire battle royale), Shopee (e-commerce marketplace), and SeaMoney (digital financial services).
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