Briefing
asia

Southeast Asia’s Online Gaming and E-Commerce Giant Sea Seeks $6.3 Billion

By
Shai Oster
· · Source: Reuters

Sea Ltd, Southeast Asia’s online games and e-commerce giant, is seeking to raise $6.3 billion in a mix of debt and equity, in what would be the region’s biggest capital raise ever. The huge scale of the funding underscores how much investor confidence has grown in the region in just a few years. Sea’s share price has risen some 75% so far this year, giving it a market capitalization of $185...

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