Garena — BrandWiki

Garena

Overview

Garena

trade name	Garena Sea Ltd
type	Public
traded as	nyse: SE
isin	isin: US81141R1005
industry	Video Games
founder	Forrest Li
foundation	2009
location	Singapore‡R1R‡
key people	Forrest Li (Founder) Terry Zhao (President)
revenue	US$550m financing-2009
owner	Sea Ltd
homepage	https://www.garena.sg

Garena is a Singaporean game developer and publisher of free online games.[1] It is the digital entertainment arm of parent company Sea Ltd,[2] which formerly used Garena as the parent company name.[3]

The company distributes game titles on Garena+ in various countries across Southeast Asia and Taiwan, including the multiplayer online battle arena (MOBA) games League of Legends and Heroes of Newerth, the first-person shooter game Point Blank, the mobile MOBA game Arena of Valor and the mobile racing game Speed Drifters.[4] Garena also used to distribute the football simulation game EA Sports FC Online (and EA Sports FC Mobile in Vietnam), until Garena and EA Sports decided to retire the game.[5]

History

2009 to 2015

Garena was established by Forrest Li in Singapore in 2009.[7]

In 2010, Riot Games awarded the publishing rights of League of Legends (LoL) to Garena, for the game’s first launch in Southeast Asia.[8]

In November 2011, Garena announced its publishing rights for the team-based shooter game, Firefall, in Southeast Asia and Taiwan.[9]

In December 2011, Garena announced their collaboration[10] with online games developer, Changyou, to publish and operate the popular 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 Chinese story with the latest 3D rendering technology and cinematic quality graphics. Duke of Mount Deer[11] was created by several top online-gaming experts from China and South Korea and has gained much popularity in China. The same month, the "Dominion" game mode for Garena's League of Legends players in Singapore and Malaysia was launched.[12]

Transition

Upon its establishment in 2009, the entire company operated under the name Garena. In March 2015, the Ontario Teachers' Pension Plan (OTPP), one of the largest pension funds in the world, invested in the company, valuing it at over US$2.5 billion.[13]

In May 2017, a corporate rebranding took place, and the parent company adopted the name Sea Ltd. after raising US$550 million in a funding round .[14][15] However, the digital entertainment segment retained the Garena name, maintaining its brand identity in the gaming industry.[16]

2017 - present

In 2017, Garena launched its first self-developed mobile game, Free Fire. Since its release, Free Fire has gained a substantial user base in Southeast Asia and Latin America and expanded its reach, being available in more than 130 countries.[17] As of February 2024, Free Fire has over 100 million daily active users worldwide.[18] According to data.ai, it was the most downloaded mobile game worldwide from 2019[19] to 2021[20] and continued to lead as the most-downloaded mobile battle royale game in 2022[21] and 2023.[22]

Free Fire's popularity extends into the esports arena. The Free Fire World Series 2021 Singapore (FFWS 2021 SG), held in May 2021, achieved a record of 5.4 million concurrent viewers, excluding Chinese platforms.

Events and tournaments

In May 2012, Garena launched the Garena Premier League (GPL), a six-month-long online professional gaming league with more than 100 matches to be played. The first season of GPL is a League of Legends competition which comprises six professional teams. The teams are Bangkok Titans (Thailand), Kuala Lumpur Hunters (Malaysia), Manila Eagles (Philippines), Saigon Jokers (Vietnam), Taipei Assassins (Taiwan) and Singapore Sentinels (Singapore), which represent top players from respective countries. GPL matches are captured and broadcast online along with commentaries, which are available for viewers to watch on the GPL official website.[41]

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 new teams from Taiwan and Vietnam, bringing the total number of teams to eight. The teams are: AHQ, Saigon Fantastic Five, Bangkok Titans, Kuala Lumpur Hunters, Manila Eagles, Saigon Jokers, Taipei Assassins and Singapore Sentinels.[42]

In November 2014, the Garena e-Sports Stadium, a dedicated venue for esports, opened in Neihu District, Taipei.[43] 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 spin-off of the GPL. The Garena e-Sports Stadium officially closed in 2019, and future Garena events will be held at the Logitech G Esports Arena in Taipei.[44]

In January 2015, Garena launched Iron Solari League, a women's League of Legends tournament in the Philippines.[45] It is a monthly event organized in the second half of each month. It aims to encourage participation by under-represented groups and is open to all those who self-identify as female.

Besides competitive tournaments, Garena also organizes events to cater to users to meet and connect offline. This includes the annual Garena Carnival held in Singapore and Malaysia.[46]

In 2019, Garena held its largest esports event for Free Fire, the Free Fire World Series in Rio de Janeiro, which drew a peak of more than 2 million concurrent viewers.[47] The following year, Garena's tournament, the Free Fire Continental Series (FFCS), was conducted across three regions: the Americas, Asia, and EMEA (Europe, Middle East, and Africa). The Asia Series broke records with over 2.5 million peak concurrent viewers, according to Esports Charts.[48]

In 2021, the Free Fire World Series finals in Singapore achieved a new milestone for mobile esports by attracting over 5.4 million peak concurrent online viewers, the highest recorded for any mobile esports event.[49]

In December 2023, Garena announced plans to consolidate all local Free Fire leagues under the FFWS (Free Fire World Series) brand starting in 2024. This initiative aims to standardize the game's esports framework and enhance its global identity.[50] Additionally, Garena entered into a partnership with the Esports World Cup (EWC) Foundation, leading to Free Fire's inclusion as a competition title at the inaugural EWC, scheduled to occur in Riyadh, Saudi Arabia, in July 2024.[51]

Garena

History

2009 to 2015

Transition

2017 - present

Products

Events and tournaments

Controversy

Published games

See also

External links

References