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Southeast Asian entertainment platform Sea files for a $1.0 billion US IPO

September 22, 2017
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Sea, a leading online entertainment and e-commerce platform in Southeast Asia, filed on Friday with the SEC to raise up to $1.0 billion in an initial public offering.

The Singapore-based company was founded in 2009 and booked $374 million in sales for the 12 months ended June 30, 2017. It plans to list on the NYSE under the symbol SE. Sea filed confidentially on April 25, 2017. Goldman Sachs (Asia), Morgan Stanley and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.