S-E Asian startup Sea aims to raise US$696 million in US IPO
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SEA Ltd, South-east Asia's most valuable startup that's known for its Garena gaming and shopping platform, aims to raise as much as US$696 million in its US initial public offering.
The Singapore-based company, formerly called Garena, is marketing 49.7 million American depositary shares for US$12 to US$14 apiece, according to a regulatory filing on Friday.
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