<s>
Garena	B-Application
is	O
a	O
Singaporean	O
game	O
developer	O
and	O
publisher	O
of	O
free	O
online	O
games	O
.	O
</s>
<s>
It	O
is	O
the	O
digital	O
entertainment	O
arm	O
of	O
parent	O
company	O
Sea	O
Ltd	O
,	O
which	O
was	O
formerly	O
named	O
Garena	B-Application
.	O
</s>
<s>
The	O
company	O
distributes	O
game	O
titles	O
on	O
Garena+	B-Application
in	O
various	O
countries	O
across	O
Southeast	O
Asia	O
and	O
Taiwan	O
,	O
including	O
the	O
multiplayer	O
online	O
battle	O
arena	O
(	O
MOBA	O
)	O
games	O
League	B-Application
of	I-Application
Legends	I-Application
and	O
Heroes	B-Application
of	I-Application
Newerth	I-Application
,	O
the	O
online	O
football	O
(	O
soccer	O
)	O
game	O
FIFA	B-Application
Online	I-Application
3	I-Application
,	O
the	O
first-person	O
shooter	O
game	O
Point	B-Application
Blank	I-Application
,	O
the	O
mobile	O
MOBA	O
game	O
Arena	B-Application
of	I-Application
Valor	I-Application
and	O
the	O
mobile	O
racing	O
game	O
Speed	B-Application
Drifters	I-Application
.	O
</s>
<s>
In	O
2017	O
,	O
it	O
released	O
Free	B-Application
Fire	I-Application
,	O
which	O
had	O
over	O
150	O
million	O
daily	O
active	O
users	O
globally	O
as	O
of	O
May	O
2021	O
.	O
</s>
<s>
In	O
November	O
2011	O
,	O
Garena	B-Application
announced	O
its	O
publishing	O
rights	O
for	O
the	O
team-based	O
shooter	O
game	O
,	O
Firefall	B-Application
,	O
in	O
Southeast	O
Asia	O
and	O
Taiwan	O
.	O
</s>
<s>
In	O
December	O
2011	O
,	O
Garena	B-Application
announced	O
their	O
collaboration	O
with	O
online	O
games	O
developer	O
,	O
Changyou	O
,	O
to	O
publish	O
and	O
operate	O
the	O
popular	O
3D	O
martial	O
arts	O
game	O
,	O
Duke	O
of	O
Mount	O
Deer	O
,	O
in	O
Taiwan	O
.	O
</s>
<s>
The	O
game	O
was	O
the	O
first	O
MMORPG	O
game	O
available	O
through	O
Garena+	B-Application
.	O
</s>
<s>
The	O
same	O
month	O
,	O
the	O
"	O
Dominion	O
"	O
game	O
mode	O
for	O
Garena	B-Application
's	O
League	B-Application
of	I-Application
Legends	I-Application
players	O
in	O
Singapore	O
and	O
Malaysia	O
.	O
</s>
<s>
In	O
2012	O
,	O
it	O
launched	O
its	O
first	O
product	O
,	O
Garena+	B-Application
,	O
an	O
online	O
game	O
and	O
social	O
platform	O
for	O
people	O
to	O
discover	O
,	O
download	O
and	O
play	O
online	O
games	O
.	O
</s>
<s>
In	O
2014	O
,	O
the	O
World	O
Startup	O
Report	O
valued	O
Garena	B-Application
as	O
a	O
1	O
billion	O
internet	O
company	O
and	O
ranked	O
it	O
as	O
the	O
largest	O
internet	O
company	O
in	O
Singapore	O
.	O
</s>
<s>
In	O
March	O
2015	O
,	O
the	O
Ontario	O
Teachers	O
 '	O
Pension	O
Plan	O
(	O
OTPP	O
)	O
,	O
one	O
of	O
the	O
largest	O
pension	O
funds	O
in	O
the	O
world	O
,	O
invested	O
in	O
Garena	B-Application
,	O
valuing	O
the	O
company	O
at	O
over	O
US	O
$2.5	O
billion	O
.	O
</s>
<s>
In	O
May	O
2017	O
,	O
Garena	B-Application
was	O
renamed	O
to	O
Sea	O
Limited	O
.	O
</s>
<s>
However	O
,	O
Garena	B-Application
was	O
retained	O
as	O
a	O
brand	O
name	O
of	O
Sea	O
Limited	O
(	O
aka	O
Sea	O
Group	O
)	O
.	O
</s>
<s>
In	O
January	O
2021	O
,	O
Garena	B-Application
acquired	O
Vancouver-based	O
Phoenix	O
Labs	O
,	O
the	O
developers	O
of	O
Dauntless	B-Application
.	O
</s>
<s>
The	O
acquisition	O
did	O
not	O
affect	O
the	O
operations	O
of	O
Phoenix	O
Labs	O
or	O
Dauntless	B-Application
,	O
but	O
helped	O
Garena	B-Application
expand	O
its	O
international	O
presence	O
.	O
</s>
<s>
As	O
of	O
the	O
second	O
quarter	O
of	O
2021	O
,	O
Garena	B-Application
recorded	O
725	O
million	O
active	O
users	O
,	O
45%	O
more	O
than	O
the	O
year	O
prior	O
,	O
while	O
the	O
number	O
of	O
paid	O
users	O
grew	O
85%	O
year-on-year	O
,	O
reaching	O
92	O
million	O
.	O
</s>
<s>
The	O
outlook	O
for	O
Garena	B-Application
is	O
expected	O
to	O
decline	O
in	O
2022	O
,	O
after	O
reports	O
in	O
March	O
2022	O
suggested	O
that	O
Garena	B-Application
will	O
post	O
US	O
$2.9	O
to	O
US	O
$3.1	O
billion	O
in	O
bookings	O
for	O
the	O
year	O
,	O
down	O
from	O
US	O
$4.6	O
billion	O
in	O
2021	O
.	O
</s>
<s>
The	O
muted	O
forecast	O
would	O
be	O
Garena	B-Application
's	O
first	O
decline	O
in	O
business	O
ever	O
.	O
</s>
<s>
The	O
ban	O
imposed	O
on	O
its	O
Free	B-Application
Fire	I-Application
title	O
in	O
India	O
across	O
both	O
Google	B-Application
Play	I-Application
and	O
Apple	O
app	B-Application
stores	I-Application
has	O
been	O
cited	O
as	O
a	O
contributory	O
factor	O
.	O
</s>
<s>
Garena+	B-Application
is	O
an	O
online	O
game	O
and	O
social	O
platform	O
that	O
has	O
an	O
interface	O
similar	O
to	O
instant	O
messaging	O
platforms	O
.	O
</s>
<s>
Garena+	B-Application
allows	O
gamers	O
to	O
develop	O
buddy	O
lists	O
,	O
chat	O
with	O
friends	O
online	O
and	O
check	O
on	O
game	O
progress	O
and	O
achievements	O
.	O
</s>
<s>
Gamers	O
are	O
also	O
able	O
to	O
form	O
groups	O
or	O
clans	O
,	O
and	O
chat	O
with	O
multiple	O
gamers	O
simultaneously	O
through	O
public	O
or	O
private	O
channels	O
through	O
Garena+	B-Application
.	O
</s>
<s>
Garena+	B-Application
users	O
use	O
a	O
virtual	O
currency	O
,	O
Shells	O
.	O
</s>
<s>
Other	O
products	O
include	O
BeeTalk	B-Application
and	O
TalkTalk	O
.	O
</s>
<s>
In	O
May	O
2012	O
,	O
Garena	B-Application
launched	O
the	O
Garena	B-Application
Premier	O
League	O
(	O
GPL	O
)	O
,	O
a	O
six-month-long	O
online	O
professional	O
gaming	O
league	O
with	O
more	O
than	O
100	O
matches	O
to	O
be	O
played	O
.	O
</s>
<s>
The	O
first	O
season	O
of	O
GPL	O
is	O
a	O
League	B-Application
of	I-Application
Legends	I-Application
competition	O
which	O
comprises	O
six	O
professional	O
teams	O
.	O
</s>
<s>
The	O
teams	O
are	O
Bangkok	O
Titans	O
(	O
Thailand	O
)	O
,	O
Kuala	O
Lumpur	O
Hunters	O
(	O
Malaysia	O
)	O
,	O
Manila	O
Eagles	O
(	O
Philippines	O
)	O
,	O
Saigon	O
Jokers	O
(	O
Vietnam	O
)	O
,	O
Taipei	B-Application
Assassins	O
(	O
Taiwan	O
)	O
and	O
Singapore	O
Sentinels	O
(	O
Singapore	O
)	O
,	O
which	O
represent	O
top	O
players	O
from	O
respective	O
countries	O
.	O
</s>
<s>
In	O
January	O
2013	O
,	O
Garena	B-Application
announced	O
the	O
second	O
season	O
of	O
the	O
Garena	B-Application
Premier	O
League	O
,	O
which	O
would	O
start	O
on	O
4	O
January	O
2013	O
.	O
</s>
<s>
Garena	B-Application
Premier	O
League	O
2013	O
includes	O
two	O
new	O
teams	O
from	O
Taiwan	O
and	O
Vietnam	O
,	O
bringing	O
the	O
total	O
number	O
of	O
teams	O
to	O
eight	O
.	O
</s>
<s>
The	O
teams	O
are	O
:	O
AHQ	O
,	O
Saigon	O
Fantastic	O
Five	O
,	O
Bangkok	O
Titans	O
,	O
Kuala	O
Lumpur	O
Hunters	O
,	O
Manila	O
Eagles	O
,	O
Saigon	O
Jokers	O
,	O
Taipei	B-Application
Assassins	O
and	O
Singapore	O
Sentinels	O
.	O
</s>
<s>
In	O
November	O
2014	O
,	O
the	O
Garena	B-Application
e-Sports	O
Stadium	O
,	O
a	O
dedicated	O
venue	O
for	O
esports	O
,	O
opened	O
in	O
Neihu	O
District	O
,	O
Taipei	B-Application
.	O
</s>
<s>
The	O
studio	O
was	O
built	O
partially	O
to	O
accommodate	O
the	O
beginning	O
of	O
the	O
League	B-Application
of	I-Application
Legends	I-Application
Masters	O
Series	O
,	O
the	O
top-level	O
Taiwan	O
,	O
Hong	O
Kong	O
,	O
and	O
Macau	O
LoL	B-Application
league	O
that	O
was	O
spin-off	O
of	O
the	O
GPL	O
.	O
</s>
<s>
In	O
January	O
2015	O
,	O
Garena	B-Application
launched	O
Iron	O
Solari	O
League	O
,	O
a	O
women	O
's	O
League	B-Application
of	I-Application
Legends	I-Application
tournament	O
in	O
the	O
Philippines	O
.	O
</s>
<s>
Besides	O
competitive	O
tournaments	O
,	O
Garena	B-Application
also	O
organizes	O
events	O
to	O
cater	O
to	O
users	O
to	O
meet	O
and	O
connect	O
offline	O
.	O
</s>
<s>
This	O
includes	O
the	O
annual	O
Garena	B-Application
Carnival	O
held	O
in	O
Singapore	O
and	O
Malaysia	O
.	O
</s>
<s>
On	O
3	O
February	O
2015	O
,	O
Garena	B-Application
eSports	O
announced	O
limitations	O
on	O
the	O
number	O
of	O
gay	O
and	O
transgender	O
people	O
participating	O
in	O
a	O
women-only	O
League	B-Application
of	I-Application
Legends	I-Application
tournament	O
,	O
due	O
to	O
concerns	O
that	O
LGBT	O
participants	O
might	O
have	O
an	O
"	O
unfair	O
advantage	O
"	O
.	O
</s>
<s>
This	O
led	O
to	O
gamers	O
questioning	O
the	O
decision	O
,	O
while	O
League	B-Application
of	I-Application
Legends	I-Application
developer	O
Riot	O
Games	O
responded	O
that	O
"	O
LGBT	O
players	O
are	O
welcome	O
at	O
official	O
LoL	B-Application
tourneys	O
"	O
.	O
</s>
<s>
On	O
4	O
February	O
2015	O
,	O
Garena	B-Application
apologized	O
and	O
subsequently	O
removed	O
the	O
restrictions	O
.	O
</s>
<s>
Garena	B-Application
provides	O
a	O
platform	O
for	O
game	O
titles	O
such	O
as	O
Defense	B-Operating_System
of	I-Operating_System
the	I-Operating_System
Ancients	I-Operating_System
and	O
Age	B-Application
of	I-Application
Empires	I-Application
,	O
and	O
also	O
publishes	O
games	O
,	O
like	O
multiplayer	O
online	O
battle	O
arena	O
games	O
League	B-Application
of	I-Application
Legends	I-Application
,	O
Heroes	B-Application
of	I-Application
Newerth	I-Application
,	O
Free	B-Application
Fire	I-Application
,	O
Call	B-Application
of	I-Application
Duty	I-Application
and	O
Black	B-Application
Shot	I-Application
for	O
players	O
in	O
the	O
region	O
.	O
</s>
<s>
Garena-published	O
games	O
:	O
</s>
<s>
Title	O
Genre	O
Developer	O
Year	O
of	O
launch	O
Countries	O
Remarks	O
BlackShot	B-Application
MMOFPS	O
Vertigo	O
Games	O
2009	O
Singapore	O
,	O
Malaysia	O
,	O
Philippines	O
Changed	O
as	O
self-published	O
(	O
Vertigo	O
Games	O
via	O
PapayaPlay	O
)	O
Mstar	O
Casual/Dance	O
Nurien/Netmarble	O
2009	O
Taiwan	O
,	O
Malaysia	O
and	O
Singapore	O
Closed	O
26	O
August	O
2019	O
League	B-Application
of	I-Application
Legends	I-Application
MOBA	O
Riot	O
Games	O
2010	O
Indonesia	O
,	O
Malaysia	O
and	O
Singapore	O
,	O
Philippines	O
,	O
Taiwan/Hong	O
Kong/Macau	O
,	O
Thailand	O
,	O
Vietnam	O
Changed	O
as	O
self-published	O
(	O
Riot	O
Games	O
Southeast	O
Asia	O
)	O
ex	O
.	O
</s>
<s>
Taiwan/Hong	O
Kong	O
(	O
via	O
Taiwan	O
Mobile	O
)	O
&	O
Vietnam	O
(	O
via	O
VNG	O
Games	O
)	O
;	O
since	O
January	O
2023	O
Heroes	B-Application
of	I-Application
Newerth	I-Application
MOBA	O
Frostburn	B-Application
Studios	I-Application
2010	O
Singapore	O
,	O
Malaysia	O
,	O
Thailand	O
,	O
Philippines	O
,	O
Indonesia	O
,	O
CIS	O
Closed	O
on	O
20	O
June	O
2022	O
Duke	O
of	O
Mount	O
Deer	O
MMORPG	O
Changyou.com	O
2011	O
Taiwan	O
Closed	O
24	O
March	O
2014	O
Point	B-Application
Blank	I-Application
MMOFPS	O
Zepetto	O
2012	O
Thailand	O
,	O
Singapore	O
,	O
Malaysia	O
,	O
Philippines	O
,	O
Indonesia	O
Closed	O
28	O
June	O
2017	O
;	O
later	O
relaunch	O
in	O
Thailand	O
and	O
Indonesia	O
(	O
self-published	O
)	O
Path	B-Application
of	I-Application
Exile	I-Application
ARPG	O
Grinding	O
Gear	O
Games	O
2013	O
Malaysia	O
,	O
Singapore	O
,	O
Taiwan	O
,	O
CIS	O
,	O
Thailand	O
Closed	O
2016	O
(	O
CIS	O
)	O
,	O
?	O
</s>
