SoftBank-Backed Ride-Hailing Firm Grab Announces Layoffs

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Layoffs

On Tuesday, Southeast Asian ride-hailing and payments company Grab announced that it will lay off more than 300 employees due to the impact of novel coronavirus, in the latest setback to major backer SoftBank. According to people with knowledge of the matter, Southeast Asia’s most valuable startup with a valuation of $14 billion informed staff […]

The post SoftBank-Backed Ride-Hailing Firm Grab Announces Layoffs appeared first on Tunf News.



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