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Business deals

Rise of Sea lights fire under Gojek and Grab merger talks

Ride-sharing, e-payments startups under pressure as investors seek future IPO

Sea's e-commerce service Shopee has driven the company's huge rise in revenue. (Source photos by Ken Kobayashi and Shopee website)
SHOTARO TANI, Nikkei staff writer | Indonesia

JAKARTA -- 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.

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