On-demand startups in Asia raised hundreds of millions of dollars from investors over the last several years to scale and compete heavily in ride-sharing, alternative transport, delivery, and a supersized range of related and unrelated services. Now comes the reckoning. This week, Southeast Asian supper app ride-hailing and food delivery app operator Grab laid off […]
Singapore’s ride-hailing firm Grab lays off over 1,100 employees by Kate Park originally published on TechCrunch...