Sea Ltd (SE) Form 6-K — Oct 20, 2026
Sea Limited Chairman and CEO Forrest Li marked the ninth anniversary of the company's 2017 NYSE IPO with an employee email filed on Form 6-K, highlighting nine years of growth: Garena quarterly active users up nearly 10x to 666 million, Shopee quarterly GMV up 35x to $38.3 billion, and quarterly revenue up more than 80x to $7.8 billion. Li signaled that the Monee financial services business may pursue its own IPO, saying it is approaching the point where it can stand on its own two feet. The letter also unveiled Sea Cloud, an AI-first enterprise cloud platform built by roughly 500 employees over two years from Sea's internal infrastructure, to be offered commercially.
Key figures
- Ipo date
- 2017-10-20
- Garena qau growth
- 69 million to 666 million (~10x)
- Shopee gmv growth
- $1.1 billion to $38.3 billion (35x)
- Sea cloud team size
- 500
- Quarterly revenue growth
- $94 million to $7.8 billion (>80x)
AI analysis
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