Forrest Li on how Sea navigated “rocky seas” to achieve its 1st profitable year since IPO

Quick Summary:

Sea Limited's Chairman and CEO Forrest Li shares insight on how the company overcame challenges in the tech industry at SFF 2024 last week.

CNA’s Syahida Othman, the moderator for the fireside chat with Li, described the tech industry as cutthroat as the sector saw a series of layoffs, salary freezes, widening losses, and slower revenue growth.

At this moment, we give out the credit loans to consumers, [where] there’s more than 10 million people [in] Indonesia [who] have access and borrowed money from us.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Jayme Teo

Category: StartupsBusiness

Markets: SingaporeIndonesiaMalaysia

Topics: Singapore fintech festival 2024 Singaporean Editor's Picks Fintech Startups Tech giants Entrepreneur Forrest li Sea limited Singaporean startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 10:37:55 (6 days ago)

News Timezone: GMT +8:00

News Source URL: vulcanpost.com

Language: English

Article Length: 827 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Vulcan Post

News ID: 23635581

View Article Analysis

About Vulcan Post

Main Topics: StartupsBusiness

Official Website: vulcanpost.com

Year Established: 2015

Headquarters: Singapore

News Last Updated: 3 days ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #14

Publisher Details

Frequently Asked Questions