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Sea looks to turn the tide with NYSE float

US$1b IPO will help Singapore-based company in costly e-commerce battle against Amazon, Alibaba

Singapore

SEA - the Singapore-based Internet company formerly known as Garena - is joining the big boys on the New York Stock Exchange.

After losing more than half a billion US dollars over the past few years, the company is seeking to raise US$1 billion from its upcoming listing on the world's biggest stock market.

While it is big in the Greater South-east Asian region, its growth has come at a high cost from a fierce e-commerce battle with Amazon and Alibaba.

And the company could continue to swim...

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