Does a big round and a big rename also signify bigger ambitions for the company? Pitch in with your thoughts below

We earlier reported that Garena has raised new US$550 million funding and has rebranded to Sea. The media release said the company will use majority of funding to expand Shopee in Indonesia.

Do you think this new war chest will be enough to take Lazada and Tokopedia head on?

Leave your opinions, ideas, speculations, and reactions at the comments area below.

Also read: [Discussion] Are hackathons a waste of time? Are there better alternatives?

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The post [Discussion] Garena just raised a massive round and rebranded; Can it compete in Indonesia? appeared first on e27.