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Sea, owner of Shopee e-commerce platform, reports wider loss after Tencent cuts stake, Temasek and Bridgewater jump in

Sea Limited, owner of Southeast Asia's biggest e-commerce platform Shopee, recorded wider losses amid a myriad of market challenges. Its stock has slumped as Tencent Holdings sold, while big guns like Temasek Holdings to Bridgewater Associates jumped in. The Tencent-backed consumer technology group said net loss more than doubled to US$931.2 million (S$1.2 billion) in the second quarter, missing consensus. ....

New York , United States , Thomas Chong , Forrest Li Xiaodong , Khang Chuen , Ray Dalio , Tencent Holdings , Sea Limited , Southeast Asia , Temasek Holdings , Bridgewater Associates , Ong Khang Chuen , Free Fire ,

Chinese Enterprises and Tycoons are in a Money Transfer Frenzy, Singapore the Top Choice

A Chinese Tycoon from Fujian Province recently bought 20 units at Canninghill Piers, a luxury condominium development in . ....

Hong Kong , Alvin Jiang , Tao Zhao , Forrest Li Xiaodong , Lianhe Zaobao , Jessica Mao , Zhong Sheng Jian , Jiang Zemin , Shandong Buchang Pharma , Li Xiting , Zhang Yong , Mindray Bio , Zixin Zhang , Monetary Authority Of Singapore , Yanlord Land Group , China University Of Technology , Shenzhen Anke Co Ltd , Chinese Communist Party , Economic Development Board , Chinese Tycoon , Fujian Province , Canninghill Piers , Additional Buyer , Stamp Duty , World Billionaires List , Shenzhen Mindray Bio Medical Electronics ,

Who are the Richest Billionaires in Singapore Who Made the 2021 Annual Forbes List?

#140 Eduardo Saverin
Net Worth: US$14.6B
In 2004 Eduardo Saverin, who is currently based in Singapore, co-founded Facebook with Mark Zuckerberg. In 2012, the pair parted ways though Saverin continues to retain a small stake in Facebook which provides him with most of his wealth.
In 2016, Saverin launched a venture fund called B Capital with Raj Ganguly. This fund has since managed to raise SGD$766 million and they invest heavily in tech firms around the world.

Net Worth: US$13.3B
Robert and Phillip Ng, who are brothers, run Far East Organisation which is Singapore s largest private landlord and property developer. The company was founded by their father Ng Teng Fong. ....

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