STARTUPS

honestbee may face tough search for buyer

STARTUPS

honestbee may face tough search for buyer

4 -min read
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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...