Garena Wins 2012 Red Herring Top 100 Asia Award

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Published on Friday, 14 September 2012 16:23

 

Garena Wins 2012 Red Herring Top 100 Asia Award

Leading online game service provider clinches celebrated technology award

 

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SINGAPORE, 14 September 2012 – Garena, the leading online game service provider, has won the prestigious 2012 Red Herring Top 100 Asia Award which recognizesthe most innovative and promising private technology ventures in Asia. Garena was the only Singapore-based company in the Entertainment and Media category that received the industry award this year.

 

“Winning the Red Herring’s Top 100 Asia Award is a great honour and a major triumph for Garena. We started three years ago and today we have eight offices around the world. This award is a tribute to the entire team at Garena for their untiring efforts and determination over the years and we are delighted to have our efforts recognized on a global level,” said Forrest Li, Chief Executive Officer of Garena.

 

Garena works with leading game developers such as Riot Games, and is the only game publisher to have full coverage of Southeast Asia - Singapore, Malaysia, Vietnam, the Philippines, Thailand, Indonesia–as well as Taiwan and Hong Kong.

 

“Garena+ stands out as the leading social platform connecting the eSports community in Southeast Asia and Taiwan. As a leading game service provider, the games we publish are played by an average of 6.6 million active users per month throughout Southeast Asia and Taiwan and we have helped to build strong communities for every one of these games,” added Li.


“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe Garena embodies the vision, drive and innovation that define a successful entrepreneurial venture. Garena should be proud of its accomplishment, as the competition was the strongest it has ever been.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Asia.

 

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About Garena:

Garena is a leading online game service provider. Its flagship online game platform, Garena+, is the largest social platform in Southeast Asia and Taiwan, designed for online gamers to meet, chat and play games with each other. Garena has introduced the latest premium online games on Garena+, including the award-winning League of Legends and other premium game titles, such as first-person shooter game Black Shot and real-time strategy game Heroes of Newerth.  For more information, please visit www.garena.com.



For media enquiries:

Marie Loh

MSL Singapore

+65 6327 0282

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