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(Bloomberg) -- Sea Ltd. is considering a sale of Vancouver-based indie developer Phoenix Labs as the Southeast Asian internet giant slashes costs and focuses on its core business, according to people familiar with the matter. Most Read from BloombergHindenburg vs Adani: The Short Seller Taking On Asia’s Richest PersonWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedAdani Rout Crosses $50 Billion as Stocks Plunge by Daily LimitsNYSE Mayhem Traced to a Staffer Who Left a Backup S
Sea Limited Sponsored ADR (SE) closed at $66.73 in the latest trading session, marking a +1.32% move from the prior day.