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Southeast Asian giant Sea dropped 29%, its largest single-day drop ever, wiping out nearly $10B in market value for a $23B market cap, down from $180B in 2021 (Olivia Poh/Bloomberg) 16-08-2023

Olivia Poh / Bloomberg:
Southeast Asian giant Sea dropped 29%, its largest single-day drop ever, wiping out nearly $10B in market value for a $23B market cap, down from $180B in 2021  —  – Singapore e-commerce stock drops to lowest ever as sales slow  — Competition intensifies as Alibaba, TikTok gain shopping users


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