BEST DIGITAL NEWS START-UP, WAN-IFRA 2019 GOLD AWARD

STARTUPS

honestbee may face tough search for buyer

STARTUPS

honestbee may face tough search for buyer

Business synergies may be insufficient to draw suitors with concerns about cash burn
4 -min read
Listen to this article
Business synergies may be insufficient to draw suitors with concerns about cash burn
4 -min read
Listen to this article

Singapore

HONESTBEE could struggle to find a buyer amid reports that it is facing a cash crunch and looking for suitors, industry observers said.

The grocery and food delivery startup is reportedly struggling to pay its staff, amid layoffs and high-level departures, and has held...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes