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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 BloombergAdani Rout Crosses $51 Billion as Stocks Plunge by Daily LimitsPutin Plans New Ukraine Push Despite Losses as He Prepares for Years of WarWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedAmericans Fall Behind on Car Payments at High
Sea Limited Sponsored ADR (SE) closed at $66.73 in the latest trading session, marking a +1.32% move from the prior day.