Southeast

Tech layoffs in Southeast Asia rise as unprofitable startups seek to expand their leads

Tech layoffs in Southeast Asia rise as unprofitable startups seek to expand their leads

Shopee has reportedly made three rounds of layoffs this year as its parent company, Sea Limited, struggles for profitability. Lauryn Ishak | Bloomberg | Getty Images More tech startups in Southeast Asia have laid off workers this year as macro headwinds deepened losses and venture capitalists pushed startups to expand their leads. Last week, online …

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Are these 9 companies the next unicorns of Southeast Europe?

Are these 9 companies the next unicorns of Southeast Europe?

Southeastern Europe, a region traditionally known in tech for outsourcing and affordable engineering talent, has managed to flip the plot lately. The Balkans have seen record growth and the emergence of scaling successes such as competitor Twilio Infobip, Car manufacturer Bugatti Rimac and other unicorns. But what about startups with the potential to reach a …

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