Faced with gaming freeze in China, Tencent partners Sea to hunt for growth in SE Asia

Faced with gaming freeze in China, Tencent partners Sea to hunt for growth in SE Asia

Photographer:Nelson Ching/ Bloomberg

Southeast Asian internet company Sea Ltd’s entertainment unit Garena on Monday signed an agreement with Chinese internet giant Tencent that will allow it to publish and distribute the latter’s mobile and PC games in Indonesia, Taiwan, Thailand, the Philippines, Malaysia and Singapore.

The five-year arrangement will further strengthen the strategic partnership between Tencent and Garena, which already publishes some of the most successful games from Tencent’s portfolio including, Arena of Valor and League of Legends, in its core markets, Sea said in a statement. Sea counts Tencent as its biggest shareholder.

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