Free Fire: The Hottest Game You Have Not Heard Of

Apr 12, 2021

∙ Paid

Takeaways:

Free Fire is the largest known game in the world, with over 100m daily active players
It is in one of the fastest growing segments of the gaming market, Southeast Asian Battle Royale on mobile
Revenue is catching up to impressive engagement numbers: as a result, Sea’s enterprise value (stock price) >20x since the beginning of 2019

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