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April 30, 2019 11:06 am GMT

Grocery startup Honestbee makes layoffs and cuts costs as it prepares to raise more money

Asia Pacific grocery delivery startup Honestbee has confirmed it is suspending business in half of the eight markets it operates in and laying off 10 percent of its 1,000 staff. The cost-cutting appears to be part of belt-tightening ahead of a planned new injection of funding, TechCrunch has come to learn. According to a statement […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/4-zj3_5UJQw/

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