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Tech Layoffs in Southeast Asia Mount as Unprofitable Startups Seek to Extend Their Runways

Tech layoffs have been increasing in Southeast Asia as growth slows down. Existing investors are also pushing startups to extend their runways.

New yorkUnited statesJefrey joeJussi salovaaraQuek siu ruiJia jih chaiGoto groupBig technologySea groupIndonesia goto groupSoutheast asiaJih chaiSiu ruiSilicon valleyIndonesia based alpha

Lifelong bonds: 9 share their NS memories to mark 55 years of national service

MPs, civil servants, actors and more share their experiences as Singapore celebrates 55 years of national service. Read more at straitstimes.com.

Quek siu ruiSiu rui

Carousell acquires Indonesian used-phone platform Laku6 in $25m deal

Carousell was supported by its investor, the Temasek-backed Heliconia Capital, in the transaction

Quek siu ruiDealstreetasia companyTemasek backed heliconia capitalSoutheast asiaRedseer strategyGreater southeast asiaSiu ruiDealstreetasia company report

Carousell buys Refash, S pore-based secondhand fashion retailer

Can Marie Kondo your closet.

Republic ofHong kongQuek siu ruiCarousell groupSiu rui

Online marketplace Carousell to acquire thrift fashion platform Refash

Refash will continue to operate as its own brand, retaining its current name, management team as well as physical and online stores. . Read more at straitstimes.com.

Republic ofHong kongQuek siu ruiSiu ruiStraits times

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