Imagine this: 725 million users are playing games right now on one of Asia’s biggest gaming platform — Garena.
Mobile gaming is big business. It isn’t just for kids anymore.
By 2025, mobile gaming in Asia is set to hit US$100 billion.
Garena is owned by a little-known Singapore company called SEA Ltd (NYSE:SE). Listed in the New York Stock Exchange in 2017, SEA Ltd is one of the most valuable internet companies — a market cap of US$200 billion.
SEA Ltd was founded by Mr. Forrest Li 12 years ago, a Chinese-born Singapore businessman.
#1: SEA’s Money-Making Machine — Garena
In 2017, Garena created their first game — Free Fire — and reached over 1 billion downloads on the Google Play store. This is the most played mobile online game in Southeast Asia and Latin America.
There’s even a global competition called Free Fire World Series 2021 — where over 5 million viewers watch gamers thrash it out online....