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Sea tops SoftBank in market cap amid Latin America expansion

Singapore tech group valued at $140bn launches e-commerce in Chile and Colombia

Sea's share price ended at $282.49 on Friday in New York, another record high for the company on a weekly close basis..   © Reuters

SINGAPORE -- Shares in Sea, Southeast Asia's biggest tech group, are hitting historic highs as the company extends its reach into Latin America.

The New York-listed company's share price closed at $282.49 on Friday, reaching a new high in only four months on a weekly close basis. Its $148 billion market capitalization as of last week's close has now topped that of Japan's SoftBank Group at $122 billion.

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