Singaporean billionaire Forrest Li, founder and CEO of leading technology company Sea Group, has recently revealed his plans to expand his esports and gaming division, Garena. The news comes after Garena’s record-breaking year in 2020, where it reported a 70% increase in revenue to $3.2 billion. Li stated that the company’s success during the pandemic has given them the financial stability and resources to take bold steps towards growth and expansion.
Garena, which is known for popular games such as Free Fire, Call of Duty Mobile, and League of Legends, is set to expand its presence in the global market. Li has announced that Garena will be launching its operations in several new markets, including the Middle East and North Africa region. This expansion will not only bring new gaming opportunities to these regions but also create job opportunities for local talents. Li also mentioned that Garena will continue to invest in research and development to bring innovative and exciting gaming experiences to its players. With Li’s ambitious plans for Garena, the company is poised to continue its growth trajectory and solidify its position as one of the leading players in the esports and gaming industry.