Koala cuts jobs, hits brakes on Korean expansion - Sydney Morning Herald

The buzzy e-commerce start-up has denied claims it had explored a public listing this year only to shelve it as market conditions worsened.

Koala would not confirm how many staff members it employed before the layoffs, though the professional social network LinkedIn puts it at 288. However, that figure is unlikely to be accurate because … [+2322 chars]

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