Not too long ago, the crown jewel of Southeast Asia’s markets was a bank. DBS symbolised stability, trust, and the financial backbone of Singapore. But today, that story is changing. 

Sea Group, the tech giant behind Shopee, Garena, and SeaMoney, has just overtaken DBS to become Southeast Asia’s most valuable publicly traded company. 

This isn’t just a shuffle on the leaderboard. It’s a symbol of something bigger: the digital economy in Southeast Asia isn’t just catching up, it’s redefining who leads, who scales, and who sets the pace for the future. 

Join Dan Koh and Audrey Siek on this whirlwind tour of Sea’s latest performance as they decipher what it means when a tech startup-turned-super app eclipses a century-old financial powerhouse, where the next growth curves lie, and how long Sea can hold onto the crown.