Garena

Singapore Founded: 2007 • Age: 19 yrs Unicorn
Mobile entertainment and communication

About Garena

Garena is a Media & Entertainment company based in Singapore founded in 2007 by Forrest Li. Mobile entertainment and communication. Garena has raised $722 million across 7 funding rounds from investors including Tencent, Cathay Financial Holdings and Uni-President. The company has 6,540 employees. Garena was last valued at $3.75 billion in September 2016. Its website garena.com draws about 16.9 million monthly visits. Garena offers products and services including Free Fire, Garena Delta Force, Black Clover M, and Garena PC. Its focus areas include Gaming, PC & Console Gaming, Game Developers and PC & Console Games. Its legal entity is Garena Online Private Limited.

Company details

Garena was founded in 2007 in Singapore, focusing on the mobile entertainment and communication sector. Operations include online gaming and social platforms like Garena, real-time voice and video tools via TalkTalk, and a regional social network through BeeTalk. Financial services are provided by AirPay, enabling payments for games, bills, utilities, and e-commerce in emerging markets across Southeast Asia.

  • Headquarters Singapore
  • Employees 6,540
  • Founders Forrest Li
  • Stage Unicorn
  • Sectors
    Media & Entertainment
  • Website category Games · Video Games Consoles and Accessories
  • Website intl.garena.com
  • Social LinkedIn X Facebook
  • Legal Name Garena Online Private Limited
Key Metrics
  • Annual Revenue
    $1.72 B (USD)
    as on Dec 31, 2024
  • Net Profit
    $696.75 M (USD)
    as on Dec 31, 2024
  • EBITDA
    $804.67 M (USD)
    as on Dec 31, 2024
  • Total Equity Funding
    $722M (USD)

    in 7 rounds

  • Latest Funding Round
    $550M (USD), Series E

    May 2017

  • Investors
    Tencent

    & 13 more

  • Employee Count
    6,540

Products & Services of Garena

Garena offers a comprehensive portfolio of products and services, including Free Fire, Garena Delta Force, Black Clover M, and Garena PC.

Free Fire
Mobile Game

Battle royale game for mobile devices with multiplayer features.

Garena Delta Force
PC Game

Action-packed shooter game for online play.

Black Clover M
Mobile Game

Role-playing game based on anime with community events.

Garena PC
Gaming Platform

Platform for gamers to play, connect, and explore games.

Funding Insights of Garena

Garena has successfully raised a total of $722M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $550 million completed in May 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $722M
  • Total Rounds 7
  • Last Round Series E — $550M
  • First Round $2M

    (Jul 2008)

  • Investors Count 14

All 7 funding rounds of Garena with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2017$550MSeries E––
Sep 2016Series D––
Mar 2016$170MSeries D–Khazanah Nasional Berhad
Mar 2015Series C––
Jun 2014Series B––
Jun 2013Series A––
Jul 2008$2MAngel Round––
Valuation history

Last known valuation $3.75B (Sep 2016). 14 investors in total: 14 institutional.

Investors in Garena

Garena has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Cathay Financial Holdings and Uni-President.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Consumer internet investments are targeted by GDP Venture firm.
gdpventure.comJakarta, Indonesia
Multiple investment strategies are pursued by this hedge fund.
1986faralloncapital.comSan Francisco, United States
Global private equity investments are managed with long-term focus.
hillhouseinvestment.comNew York, United States
A community-focused entity is operated for collective impact initiatives.
mistletoe.coSingapore, Singapore
Private equity fund focused on global markets
1980generalatlantic.comNew York, United States
Chinese technology companies are invested in by Keytone Ventures.
keytonevc.comBeijing, China
Diversified conglomerate activities span multiple business segments.
1954jgsummit.com.phPasig, Philippines
Life and health insurance company
1990cathayholdings.comDaan, Taiwan
Dairy products, beverages, snacks, and instant noodles are produced.
1967uni-president.comTainan, Taiwan
Provides alternative investment funds in private equity, credit, and public equity across Asia.
2009seatowninternational.comSingapore, Singapore
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Investor details for Garena

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Garena

4 people are tracked at Garena (2 in leadership, 2 in team); the tracked headcount is 6,540.

NameRoleGroup
Forrest Li
FounderLeadership
Terry Zhao
PresidentLeadership
Wen Li Hiew
User/campaigns LeadTeam
Trang Nguyen
Senior Marketing ManagerTeam
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Complete people profiles for Garena

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of Garena

3 dated milestones of Garena across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Garena is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Series E, of $550.0M.

Web traffic of Garena

The website of Garena (garena.com) receives about 16.9M visits a month and ranks #2,833 among all websites worldwide, #124 in Video Games Consoles and Accessories.

  • Monthly visits
    16.9M

    ▼ 2.4% vs previous month

  • Unique visitors
    4.9M

    per month

  • Global rank
    #2,833

    among all websites

  • Category rank
    #124

    Games · Video Games Consoles and Accessories

Similar websites

Websites whose visitors overlap most with Garena. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
napthe.vn
napthe.vn
100%
#7,814–
getdota.com
getdota.com
90%
–
dotastrategy.com
dotastrategy.com
90%
–
dota-allstars.com
dota-allstars.com
90%
–
garena-game.ru
garena-game.ru
89%
–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 40 similar websites and full traffic analytics for Garena

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  • 40 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Garena

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Frequently Asked Questions about Garena

Garena was founded in 2007 and raised its 1st funding round 1 year after it was founded.

Garena is headquartered in Singapore.

Garena is a funded company, having raised a total of $722M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $2M, raised on Jul 2008.

Garena has 6,540 employees.

Annual revenue of Garena is $1.72B as on Dec 31, 2024.

Garena was founded in 2007 in Singapore, focusing on the mobile entertainment and communication sector. Operations include online gaming and social platforms like Garena, real-time voice and video tools via TalkTalk, and a regional social network through BeeTalk. Financial services are provided by AirPay, enabling payments for games, bills, utilities, and e-commerce in emerging markets across Southeast Asia.

Garena offers Free Fire, Garena Delta Force, Black Clover M, and Garena PC.

Garena has 14 investors. Key investors include Tencent, Cathay Financial Holdings, Uni-President, General Atlantic, and Farallon Capital Management.

The valuation of Garena is $3.75B as of Sep 2016.

Garena operates through Garena Online Private Limited.

The website of Garena receives about 16.9 million visits a month and ranks #2,833 among all websites worldwide.

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