| Founded | 2015 |
|---|---|
| Closed | 2020 |
| Country | Singapore |
| Sector | Logistics |
| Total raised | $200M (Genting Group, various) |
| Collapse type | Slow Death |
| Founder | Joel Sng |
honestbee
"Singapore grocery and food delivery raised $200M and expanded to 8 Asian markets. Then ran out of cash, stopped paying employees, and quietly collapsed."
Years-long decline before final shutdown
Key Events Timeline
Honestbee raised $200M from Genting Group and others to build a grocery and food delivery platform across Singapore, Japan, Hong Kong, Taiwan, Philippines, Thailand, Indonesia, and Australia.
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