01 Jul, 22
Good morning,
Welcome back to Strait Up, our weekly newsletter that makes sense of what’s going on in Southeast Asia.
Singapore and US-headquartered gaming hardware firm Razer is being taken private. We explore what could happen post-delisting, and how its business has fared in 2021.
Meanwhile, Alibaba-owned e-commerce giant Lazada is expanding to…Europe. It sounds strange because it is. It sounds familiar because this is a path that its archrival Shopee took not too long ago.
In the Philippines, outgoing President Rodrigo Duterte has made a drastic announcement to ban online cockfighting, or e-sabong, citing social impact on its citizens. But as with many things, there’s more to the move than meets the eye.
Let’s dive in.
Featured image credit: Taylor R/Unsplash
