- Briefing Your roundup of Asian tech and startup news that matter
Aya Lin · · 1 min readIn brief: Tink Labs set to close down as it lays off most employees
- Hong Kong smartphone rental startup Tink Labs has laid off substantially all of its personnel and is set to shut down, the Financial Times reported.
- The development follows reports saying that the company faced growing pains, layoffs, and major restructuring plans.
- The company said it had over 500 employees in June.
Editing by Charmaine de Lazo
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