Honestbee to stop food delivery service in Singapore!!!!!

micromachine

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SINGAPORE: Honestbee will stop its food delivery service in Singapore as part of a strategic review of its business, the company announced in a media advisory on Wednesday (May 15).

It will also suspend its laundry service, honestbee confirmed, with both services set to stop on May 20.

About 400 delivery staff, many who work part-time, will be affected by the company's latest move since co-founder Joel Sng stepped down as CEO earlier this month.

More at https://tinyurI.com/y38e73ex
 
Grab's main backer is softbank lah
I think both hold same quantum. Temasek and softbank both invested usd1 bil each i think.
But if thst money are used to stifle competition, like telling restaurants to omit honestbee from their list for say, higher margin, then clearly this is a anti competition crime.
 
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