Malaysia's e-commerce startup iPrice Group lays off 20% of staff
iPrice Group, a Southeast Asian e-commerce aggregator platform, announced Wednesday that it has laid off 20% of its staff as part of an effort to focus on its core mission "to help people save money" shopping online.
Over the years, iPrice expanded the business from its website to offer a full-suite, white-label marketplace solution for super-apps, including pay-later services.
Now, the company claims to become 'hyperfocused on core product'.