Happyfresh Malaysia Is No More
Earlier this month, the online grocer suspended its delivery services without a proper explanation, but it was speculated that the move was due to its recent financial troubles. The startup’s statement confirms this theory, briefly explaining that the “current economic situation” was the cause behind its decision to shutter its business here. According to HappyFresh, it has over 850 employees in the country. Missing from the announcement is how the company will part ways with its local staff, as it did not mention any severance package or relocation opportunities for the 850 workers — although this could be something that it will be discussing internally....