Sea Limited - Enterprise Tech Ecosystem Series

Sea Limited - Enterprise Tech Ecosystem Series

Summary

Sea Ltd (Sea) carries out the development of platforms for online, mobile entertainment, and communication for users. Its Garena platform is an online games developer and publisher with global footprint across more than 130 markets, enables users to access mobile and online PC games, and other entertainment content such as live streaming. The company operates an e-commerce platform Shopee that connects buyers and sellers. It offers SeaMoney, a digital payments and financial services provider and provides various digital financial services such as e-wallet services, payment processing, credit-related digital financial offerings, and other financial products to individuals and businesses. The company operates in Singapore, China, Indonesia, Malaysia, Philippines, Taiwan, and Vietnam.

Introduced in October 2020, TeSA initiative is a collaboration between Sea Limited and Infocomm Media Development Authority (IMDA), to create 500 tech job opportunities in Singapore, by developing local tech talent.

In March 2021, Sea launched its investment arm, Sea Capital, with an initial capital of $1 billion, to manage its investments in technology companies. Sea Limited acquired Composite Capital Management, Hong Kong-based hedge fund firm and hired former Hillhouse Capital partner David Ma to lead the investment arm.

Shopee introduced National Data Science Challenge 2020, a one-day data competition for all professionals and students. It combines tech community through co-working and knowledge sharing, provides an environment for the development of creative new ideas in data science and equips participants with essential technical skills and expertise.

Launched in 2020, Shopee Code League, is a code from home challenge that offers tech enthusiasts with an opportunity to learn and upgrade their skills, amid acceleration of digital transformation across industry due to the pandemic.

The report provides information and insights into Sea Limited's tech activities, including-

• Insights of its digital transformation strategies and innovation programs
• Overview of technology initiatives covering partnerships, product launches, investments and acquisitions
• Insights on each technology initiative including technology theme, objective, and benefits
• Details of estimated ICT budgets and major ICT contracts

• Shopee’s (Sea Limited’s ecommerce business) digitalization strategy mainly focuses on three things online interaction, personalization, and enhanced operational efficiency. Which focuses to providing engaging online shopping experience through in-app features including Shopee Live, Shopee Prizes, Shopee Games, Shopee Feed, Shopee Live Chat, and Shopee Mom’s Club.
• Shopee mobile app allows customers to browse products, order, make payment, and track the status of deliveries. Similarly, it allows sellers to use app to take picture, create listings, monitor performance, receive payments, and track deliveries through integrated logistics and payment tools.
• Sea stores and process large volumes of data related to gameplay, e-commerce, and payment processing. While its proprietary data analysis engine collates and structures data to generate valuable insights on user needs, preferences, and behaviors that help to enhance services, user experience, effectiveness of cross-promotions, and discover opportunities.
• Shopee leverages artificial intelligence and big data technologies to derive insights from customer data and improve user experience, while helping buyers to find the right products and automate its internal teams’ business processes to enhance operational efficiency and reduce costs.

• Gain insights into Sea Limited's tech operations.
• Gain insights into its tech strategies and innovation initiatives.
• Gain insights into its technology themes under focus.
• Gain insights into various product launches, partnerships, investments and acquisition strategies.