Some links: https://en.wikipedia.org/wiki/Lazada_Group https://en.wikipedia.org/wiki/Lazada_Group https://en.wikipedia.org/wiki/Shopee https://en.wikipedia.or

Some links: https://en.wikipedia.org/wiki/Lazada_Group https://en.wikipedia.org/wiki/Lazada_Group https://en.wikipedia.org/wiki/Shopee https://en.wikipedia.org/wiki/Shopee I visited Shopee's Manila office in 2018. It's nicer than most SV offices. Generally speaking, in Asia (and India), there is a cultural tradition of family founders retaining mgmt. leadership, not hiring outside professional managers as in the West. So takeovers have an additional hurdle in Asia of getting mgmt. mindshare.