Ecosystem Roundup: Astra invests US$259M in digibank Bank Jasa, Shopee lays off hundreds of staff, IDG Ventures VN sues VCCorp

Astra pours US$259M into WeLab-backed digibank Bank Jasa Jakarta The deal was done through Astra subsidiary SMI; SMI currently has 1.1M shares, or a 49.56% stake, in the local bank; At the same time, WeLab also increased its ownership in Bank Jasa Jakarta to 49.56%. Shopee lays off hundreds of employees in 3 markets The […] The post Ecosystem Roundup: Astra invests US$259M in digibank Bank Jasa, Shopee lays off hundreds of staff, IDG Ventures VN sues VCCorp appeared first on e27.