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Sea founder sees path to US$I trillion market cap by tapping Al

The Straits Times

|

October 22, 2025

Tech transition can help boost e-commerce company’s value to that level, says Forrest Li

Sea founder Forrest Li told employees a trillion US dollar market capitalisation - an increase of about 10 times — is possible as the Southeast Asia e-commerce leader joins tech companies globally betting on artificial intelligence (AI) for growth.

In a memo to staff on Oct 20, seen by Bloomberg News, he compared the rapid growth of AI to the personal computer and smartphone revolutions that expanded consumer access to products and services once available only to the wealthy.

But Mr Li said it will not be easy for the gaming and online retail giant to harness the value creation AI will bring.

“It will require us to make the right calls, execute extremely well, remain very disciplined and compete relentlessly,” he noted in the memo on the eighth anniversary of Sea’s stock-market debut.

MEER VERHALEN VAN The Straits Times

The Straits Times

Oct 29 South Africa (Durbanville) preview Oliver ready to bounce back to his best

RACE 1(1,400M)

time to read

3 mins

October 29, 2025

The Straits Times

The Straits Times

Trump-Xi summit might yield only a brief detente: Analysts

Fundamental differences mean progress will be limited, they say

time to read

4 mins

October 29, 2025

The Straits Times

What cervical screening can tell about your health

Abnormal pap smear results could indicate treatable infections or early signs of cancer, says obstetrician and gynaecologist Timothy Lim Yong Kuei

time to read

2 mins

October 29, 2025

The Straits Times

MAS launches $15m grant to help financial institutions take part in carbon markets

The Republic’s central bank is setting aside $15 million to equip financial institutions here with the resources they need to get involved in the country’s emerging carbon trading sector.

time to read

3 mins

October 29, 2025

The Straits Times

The Straits Times

Marina Bay Sands fined $315k over 2023 data breach involving more than 600,000 visitors

Marina Bay Sands (MBS) has been hit with a $315,000 fine by the Personal Data Protection Commission (PDPC), two years after a data breach leaked the personal information of more than 600,000 visitors.

time to read

2 mins

October 29, 2025

The Straits Times

The Straits Times

Ron Sim’s LAC to keep stores open while appealing GNC ruling

Singapore International Commercial Court gave GNC rights to LAC’s retail leases here

time to read

3 mins

October 29, 2025

The Straits Times

The Straits Times

Trump in the spotlight, Asean in the shadows

Mr Trump and Asean operate differently. Ms Susannah Patton, deputy research director at Australian think-tank Lowy Institute, said in a commentary that he is “a leader who emphasises his own unique deal-making genius to reshape international affairs”, while Asean “prioritises consensus and incremental cooperation”. One thrives on command, the other on compromise.

time to read

4 mins

October 29, 2025

The Straits Times

Asean and China ink upgraded free trade pact amid US tariffs, Chinese surplus

Asean and China have signed an upgraded free trade deal, which covers emerging areas such as the digital economy, green economy and supply chain connectivity.

time to read

3 mins

October 29, 2025

The Straits Times

Longevity hacks for busy people

The fundamentals of healthy ageing are no big secret. Regular exercise, eating well, quality sleep and a robust social life can all help you live better for longer.

time to read

4 mins

October 29, 2025

The Straits Times

Three drivers charged with culpable homicide over two separate accidents

Two drivers who allegedly kept overtaking each other along the Central Expressway at speeds of up to 192kmh, leading to the death of a motorcyclist, have been charged.

time to read

3 mins

October 29, 2025

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