Garena: “Connecting the Dots” by diversifying into digital businesses with ultimate user experience

Jun 23, 2016 - Nick Nash, a Group President of Garena Online, has delivered a memorable keynote speech at a regional flagship tech conference ‘Techsauce Summit 2016’ at Centara Grand& Bangkok Convention Centre.

At the conference, Nick had given a practical suggestion on how to diversify the business successfully as technology keeps changing and advancing to enhance the value proposition of businesses. In Garena, we are learning to leverage our existing strengths by utilizing existing resources and capabilities; moreover, we are learning very quickly on how to diversify them into related businesses without ignoring our core purpose.
Currently, Garena has three main businesses covering digital content, payment and latest ventured business – eCommerce with more than 25 million active users. “Garena’s three core businesses fit together really nicely,” said Nash.

Being called a model of successful diversification, Garena rapidly expanded its businesses into major Southeast Asian countries and Taiwan with a valuation over 3.75 billion USD (Techcrunch, 2016).
In his remarks, Garena is already looking to take its business to the next level by bolstering existing products and making them more distinctive.