Tag: unprofitable
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Tech layoffs in Southeast Asia mount as unprofitable startups peep to elongate their runways
Shopee reportedly conducted three rounds of layoffs this year as its guardian Sea Restricted struggles in direction of profitability. Lauryn Ishak | Bloomberg | Getty Photos More tech startups in Southeast Asia laid off team this year, as macro headwinds widened losses and endeavor capitalists pushed startups to elongate their runways. Closing week, on-line marketplace…