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Indonesian e-commerce unicorn Bukalapak confirms laying off around 100 employees

The layoffs are part of the company’s path towards achieving “sustainability” in Indonesia’s competitive e-commerce landscape.

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SuperAtom has a presence in Indonesia through P2P lending platform UangMe.
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Fintech firm SuperAtom snags USD 24 million from Gobi Partners and Cheetah Mobile
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Razer wants to give back to Singapore’s gaming industry.
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Razer pledges more than USD 7.2 million to Singapore’s gaming industry, says CEO
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Baidu is on a shopping spree.
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Baidu invests USD 200 million in Neusoft Holdings
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Subscription video on demand services boom in India leading to decline of pay TV.
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India to overtake US in digital video consumption by 2020
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VCM is primarily engaged in offline retail. Its sister company Adayroi is Vingroup’s e-commerce arm.
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Singapore’s GIC invests USD 500 million in Vietnamese conglomerate Vingroup’s unit
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It aims to target 55 million Indian merchants through India’s GoCapital.
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Singaporean startup oCap taps into underserved Indian financing market through local tie-up
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Changyou’s shares have risen 54.73% to USD 9.16 at pre-market trading hours.
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Loss-making Sohu plans to privatize US-listed game developer Changyou
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It pairs startups with legal experts.
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Singapore launches initiative to help fintech firms meet compliance needs
1 min read