The Fastest Growing Video Game Company You've Never Heard Of
The Mostly Fool | January 15, 2020
Sea was founded in 2009 as an online gaming company serving Southeast Asia. Sea's Garena platform distributes video games from game publishers to users in Indonesia, Taiwan, Vietnam, Thailand, Philippines, Malaysia, and Singapore. Garena is akin to the Steam gaming platform in the United States. For the most part, Garena distributes game titles from third-party developers. Because Garena has widespread adoption in the Southeast Asian market, it has the exclusive license to distribute popular titles, including Call of Duty, League of Legends, FIFA Online, and Arena of Valor. The company also has a partnership with Tencent (OTC:TCEHY) under which it gets a right of first refusal to distribute Tencent's popular mobile games from China.