Singapore
SHOPEE OWNER SEA OVERTAKES DBS AS SOUTH-EAST ASIA’S MOST VALUABLE COMPANY
SINGAPORE – Singapore’s Sea has reclaimed its title as South-east Asia’s most valuable publicly traded company, surpassing DBS Group Holdings after a 300 per cent comeback rally powered by its e-commerce arm Shopee. Shares of the internet company rose 1.1 per cent in New York on Aug 25 for a market capitalisation of US$111 billion (S$143 billion). Hours later, regional banking giant DBS finished 0.6 per cent lower in Singapore on Aug 26 for a valuation of US$110.3 billion – officially ceding the top spot to Sea. Shares of Sea have more than quadrupled since the start of 2024 as investors grew more convinced of its strength in the region. https://www.straitstimes.com/business/companies-markets/sea-overtakes-dbs-as-south-east-asias-most-valuable-company (ICE SINGAPORE)
Fonte notizia: The Straits Times, 27 August 2025
