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Singapore-based online shopping rewards app ShopBack cuts 195 jobs, or 24% of its staff, to become self-sustainable; ShopBack raised a $200M Series F


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2024-03-19 15:57:10
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Cybersecurity Business

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Olivia Poh / Bloomberg:

Singapore-based online shopping rewards app ShopBack cuts 195 jobs, or 24% of its staff, to become self-sustainable; ShopBack raised a $200M Series F in 2022  —  ShopBack, an online shopping rewards app backed by Temasek Holdings Pte, is cutting about a quarter of its workforce as it retreats from the buy-now-pay-later space.




Olivia Poh / Bloomberg:

Singapore-based online shopping rewards app ShopBack cuts 195 jobs, or 24% of its staff, to become self-sustainable; ShopBack raised a $200M Series F in 2022  —  ShopBack, an online shopping rewards app backed by Temasek Holdings Pte, is cutting about a quarter of its workforce as it retreats from the buy-now-pay-later space.



Source: TechMeme
Source Link: http://www.techmeme.com/240319/p10#a240319p10


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