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honestbee halts services in HK and Indonesia; layoffs to hit 10 per cent

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honestbee is now reportedly strapped for cash and struggling to pay its staff. It is holding early-stage talks with some potential buyers in Asia, according to a TechCrunch report on April 26.

Singapore

IN A marked escalation of its woes, grocery delivery startup honestbee has stopped its services in Hong Kong and Indonesia as well as its food vertical in Thailand. The move is part of an ongoing strategic review, the company announced in a statement on Tuesday.

Layoffs...

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