Garena is a singaporean on-line game developer and publisher of free games. The company distributes game titles on Garena+ in respective countries across Southeast and East Asia, including the multiplayer on-line conflict arena ( MOBA ) games League of Legends and Heroes of Newerth, the on-line football ( soccer ) game FIFA Online 3, the first-person taw game Point Blank, the mobile MOBA bet on Arena of Valor and the mobile race plot Speed Drifters. In 2017, it released Garena Free Fire, which has over 80 million daily active users globally as of May 2020. [ 1 ]
Reading: Garena – Wikipedia
In 2019, Garena announced plans to reorganize its respective interests as a pudding stone under Sea Limited. Garena is now one of Sea Limited ‘s subsidiaries, and continues to be the umbrella company for Sea Limited ‘s gambling interests. [ 2 ] [ 3 ]
history [edit ]
Garena was founded in Singapore in 2009. In 2012, it launched its first merchandise, Garena+, an on-line crippled and social platform for people to discover, download and play on-line games. In November 2011, Garena announced its print rights for the team-based shot game, Firefall, in Southeast Asia and Taiwan. [ 4 ] In December 2011, Garena announced their collaboration [ 5 ] with on-line games developer, Changyou, to publish and operate the democratic 3D martial arts game, Duke of Mount Deer, in Taiwan. The game was the first MMORPG game available through Garena+. The game combines a classic taiwanese floor with the latest 3D rendering engineering and cinematic quality graphics. Duke of Mount Deer [ 6 ] was created by several top online-gaming experts from China and South Korea and has gained much popularity in China. besides in December 2011, Garena CEO Forrest Li released the “ Dominion ” game mood for Garena ‘s League of Legends players in Singapore and Malaysia. [ 7 ] In 2014, the World Startup Report valued Garena as a US $ 1 billion internet company [ 8 ] and ranked it as the largest internet company in Singapore. [ 9 ] In March 2015, the Ontario Teachers Pension Plan ( OTPP ), one of the largest pension funds in the global, invested in Garena, valuing the company at over US $ 2.5 billion. [ 10 ] In May 2017, Garena was renamed to Sea Limited. [ 11 ] [ 12 ] however, Garena was retained as a brand list of Sea Limited ( aka Sea Group ). [ 13 ] In October 2017, Sea Limited filed for an initial public put up on the New York Stock Exchange ( NYSE ) and aimed to raise US $ 1 billion. Before the IPO, Tencent was the major stockholder of Sea Limited, for around 20 % of outstanding shares. [ 14 ] It was followed by Blue Dolphins Venture, established by Garena ‘s fall through Forrest Li, for 15 %. Li personally owned 20 % shares, and Chief Technology Officer, Gang Ye, 10 %. [ 15 ]
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In January 2021, Garena acquired Vancouver-based Phoenix Labs, the developers of Dauntless. [ 16 ] The learning did not affect the operations of Phoenix Labs or Dauntless but helped Garena expand its external presence. [ 17 ]
Products [edit ]
Garena+ is an on-line plot and social platform that has an interface similar to instant message platforms. Garena+ allows gamers to develop buddy lists, chat with friends on-line and check on crippled progress and achievements. Gamers can create their own unique identity by customizing their avatar or changing their names. Gamers are besides able to form groups or clans, and new world chat with multiple gamers simultaneously through public or private channels through Garena+. Garena+ users use a virtual currency, Shells. other products include BeeTalk [ 18 ] and TalkTalk. [ 19 ]
Events and tournaments [edit ]
In May 2012, Garena launched the Garena Premier League ( GPL ), a six-month-long on-line professional bet on league with more than 100 matches to be played. The first temper of GPL is a league of Legends rival which comprises six master teams. The teams are : the Bangkok Titans, KL Hunters, Manila Eagles, Saigon Jokers, Taipei Assassins and Singapore Sentinels, which represent top players from respective countries. GPL matches are captured and broadcast on-line along with commentaries, which are available for viewers to watch on the GPL official web site. [ 20 ] In January 2013, Garena announced the second season of the Garena Premier League, which would start on 4 January 2013. Garena Premier League 2013 includes two newfangled teams from Taiwan and Vietnam, bringing the total number of teams to eight. The teams are : AHQ, Saigon Fantastic Five ( SF5 ), Bangkok Titans, KL Hunters, Manila Eagles, Saigon Jokers, Taipei Assassins and Singapore Sentinels. [ 21 ] In November 2014, the Garena e-Sports Stadium, a dedicate venue for esports, opened in Neihu District, Taipei. [ 22 ] The studio was built partially to accommodate the beginning of the League of Legends Masters Series, the top-level Taiwan, Hong Kong, and Macau LoL league that was by-product of the GPL. In January 2015, Garena launched Iron Solari League, a women ‘s League of Legends tournament in the Philippines. [ 23 ] It is a monthly consequence organized in the second one-half of each calendar month. It aims to encourage participation by under-represented groups and is receptive to all those who self-identify as female. Besides competitive tournaments, Garena besides organizes events to cater to users to meet and connect offline. This includes the annual Garena Carnival held in Singapore and Malaysia. [ 24 ]
Controversies [edit ]
On 3 February 2015, Garena eSports announced limitations on the number of gay and transgender people participating in a women-only League of Legends tournament, due to concerns that LGBT participants might have an “ unfair advantage ”. This led to gamers questioning the decision, while League of Legends developer Riot Games responded that “ LGBT players are welcome at official LoL tournament ”. On 4 February 2015, Garena apologized and subsequently removed the restrictions. [ 25 ]
Published games [edit ]
Garena provides a platform for game titles such as Defense of the Ancients and Age of Empires, and besides publishes games, like multiplayer on-line battle arena games League of Legends, Heroes of Newerth, Free Fire, Call Of Duty and Black Shot for players in the region.
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Garena-published games :