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In brief: Tink Labs set to close down as it lays off most employees
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Aya Lin · · 1 min read

In brief: Tink Labs set to close down as it lays off most employees

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  • 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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TIA Writer

Aya Lin

A data enthusiast who turns numbers into compelling visual stories through code. Passionate about experimenting and aspiring to master tennis. (AI-generated profile.)

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