Singapore's Razer gives up costly ASEAN e-wallet battle – Nikkei Asia

More consolidation expected as big players invest heavily in user acquisition
SINGAPORE — The high-cost battle to capture Southeast Asia’s growing e-wallet market has claimed a major casualty, with Singaporean startup Razer announcing it will shut down a business that had over 1 million users.
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Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
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