Honestbee burnt through US$6.3m a month in H1 2019!!!!

[TerrexLee]

https://tinyurI.com/y38e73ex

 

[AhMeng]

https://tinyurI.com/y38e73ex

Bankruptbee

 

[laksaboy]

Serves them right for opening an expensive white elephant at Pasir Panjang.

 

[zhihau]

Altogether now!!! HUAT AH!!!

 

[zeebjii]

"Honest" bee is really just a small tip of the iceberg.

 

[Valium]

Serves them right for opening an expensive white elephant at Pasir Panjang.

That girl looks like a witch. Eks.

 

[searcher1]

Their strategy is find a huge space, without burning too much on rental, yet still nearby within 10-15 mins by car. I dont think the location is the failure of their business

 

[red amoeba]

These startups are burning money and their investors are happy to take a punt rather than pay corporate tax on these investments. Wework n Uber what others on the list ?

 

[laksaboy]

That girl looks like a witch. Eks.

Like the wicked witch in Snow White who lets you have a bite of her poisoned apple?

 

[rushifa666]

As honest as pap! Huat ah

 

[Valium]

Like the wicked witch in Snow White who lets you have a bite of her poisoned apple?

A witch with no tits and a broomstick....
She will insert the broom in her hole and take off to Mars.

 

[Scrooball (clone)]

How is it possible to make so much loss and still remain in business ?

Bees are resilient ?