Ola’s hyperlocal grocery delivery service, Ola Store, which operates in Bengaluru, Hyderabad, and Gurgaon is likely to shut down its operations in less than a month, citing lack of synergy, a person familiar with the…
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LivingSocial Is Laying Off More Than Half of Its Workers
LivingSocial will cut more than half of its workforce, according to an announcement saying that the company has completed it’s “initial phase of turnaround.” The move is the latest sign of the decline of “daily…