Rise of SG's tech startup Sea lights fire under Gojek and Grab merger talks

Photo: Sea Group

As shares in Sea, Southeast Asia’s largest digital company, went up and up on the New York Stock Exchange, investors in its competitors Gojek and Grab were licking their lips.

Sea’s shares have risen fivefold this year, at one point reaching a valuation of $100 billion. The combined worth of Gojek and Grab, the next two biggest tech companies in the region, is $24 billion.

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