Ecosystem Roundup: Sea cut 7K jobs in last 6 months; iGlobe planning new US$200M deep-tech fund; Temasek, SoftBank mark down FTX investments to 0

Sea cut 7,000 jobs over last 6 months The reduction affected roughly 10% of the company’s total workforce; Some of the latest job cuts were for Shopee, which let go of around 100 people; Layoffs at Shopee started around June this year. Grab revenue more than doubles YOY in Q3, deliveries hit EBITDA breakeven The […] The post Ecosystem Roundup: Sea cut 7K jobs in last 6 months; iGlobe planning new US$200M deep-tech fund; Temasek, SoftBank mark down FTX investments to 0 appeared first on e27.