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The article doesn't give any insights about what is happening at Lazada. It also doesn't share any example of "other companies".



Some links:

https://en.wikipedia.org/wiki/Lazada_Group

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.




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