Sea Limited plans IPO for financial arm Monee
Singapore tech conglomerate Sea Limited plans a public listing for its financial services arm Monee. Founder Forrest Li announced the upcoming IPO alongside an AI enterprise platform launch.
Sea Limited is planning an IPO for its financial services arm Monee while launching an AI-first enterprise platform, according to an internal memo sent Tuesday morning. The move comes as quarterly revenue for the group climbed to $7.8B over the past nine years. The restructuring aims to unlock further growth across its core digital payments and cloud infrastructure units.
