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Retail Asia13/03/2020

Singaporean delivery firm Honestbee has laid off around 80 percent of its staff as it searches for funding to remain trading. According to DealStreetAsia, the startup has dropped around 100 employees – including both local and foreign staff – and salaries will be delayed until further funding can be secured. Its futuristic grocery store business Habitat has […]

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Retail Asia14/10/2019

Struggling grocery retailer and delivery startup Honestbee has been granted a four-month debt moratorium by the Singapore High Court. While two months shorter than the protection period the company sought from the court, it allows the business to restructure free from creditor pressure. Reports by Singapore business media show Honestbee owed around US$236 million in […]

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Retail Asia30/08/2019

The futuristic Habitat by Honestbee grocery retail format is set for expansion across Asia provided Honestbee can secure court protection from its creditors. Honestbee, which has debts estimated in the range of US$180 million, is awaiting a court decision on an application for a six-month reprieve from enforcement actions and legal proceedings from creditors. In […]

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Retail Asia16/08/2019

Sinking in debts of around US$180 million, Singapore grocery retailer Honestbee is seeking court protection from creditors to allow it to restructure. The company has applied to the High Court to commence a process which reportedly would give it six months protection from creditors lodging winding up procedures or other legal attempts to recover what […]

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Retail Asia13/08/2019

Struggling grocery delivery company and grocer Honestbee has won another new lease on life with the appointment of a new CEO who has promised to revive the business with the support of investors. Details of the additional investment were not immediately clear. Ong Lay Ann took up the role without fanfare on July 15 from […]

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Retail Asia25/07/2019

Ailing Singaporean grocery-delivery service Honestbee is “temporarily closing” its Taiwan operations as it continues to focus on its core Southeast Asian markets to ensure survival. “Thank you for your support and affirmation for Honestbee during these days,” the company’s Taiwanese team posted on Facebook at the weekend. “Unfortunately, the Taiwan operations team received instructions from […]

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Retail Asia05/06/2019

Honestbee Singapore is to halt food deliveries from Monday. The company said in a statement it would also suspend laundry services on the same date. The changes come as part of an in-depth strategic review of the business launched after the departure of cofounder and CEO Joel Sng who was replaced by cornerstone investor Brian Koo at […]

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Retail Asia20/05/2019

Interim replacement from cornerstone investor, suggesting much-needed funds will soon be injected to save the startup. Honestbee CEO and cofounder Joel Sng has stepped away from the business, clearing the way for a fresh round of investment which would ensure the startup’s survival. His place has been taken by Brian Koo, the grandson of the […]

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Retail Asia20/05/2019

Singapore grocery-picking startup puts a positive spin on its predicament as it seeks investors. Honestbee has shut down or suspended operations in five countries as it seeks funding to continue to trade in its core markets, including home base Singapore. As previously reported by Inside Retail Asia, Honestbee has suspended operations in Hong Kong and Thailand. Yesterday, […]

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Retail Asia15/05/2019

Innovative startup runs out of cash; suspends Hong Kong and Thai operations. Honestbee is freezing operations in Hong Kong and Thailand and laying off staff as it urgently seeks investment to stave off collapse. According to an in-depth, citing multiple industry sources, the Singapore-headquartered food-delivery business turned innovative food-and-grocery retailer has nearly run out of […]

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Retail Asia06/05/2019

Habitat by Honestbee has been voted one of the must-see retail innovations in the world this year. The concept was listed among the top 16 stores to visit in the world by IGD, and Google reports it among the top 10 trending searches in Singapore last year. The 60,000sqft flagship store opened last October, offering […]

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Retail Asia02/04/2019

Habitat by Honestbee has added two new outlets to its 15 existing eateries. The first, Hama Hama, is a seafood bar with Asian-centric small plates and a seasonal sharing menu, with oysters at its core. The second new offer is B Bar, located near the liquor aisle and serving classic drinks along with cocktails featuring […]

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Retail Asia22/10/2018

Online grocery service Honestbee has opened a retail space which merges cashless grocery store with a restaurant and a testbed for new retail technologies. Habitat by Honestbee in Pasir Panjang is billed as “the world’s first tech-integrated multi-sensory grocery and dining destination of its kind”. While Chinese online behemoth Alibaba may well challenge that claim, […]

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Retail Asia10/04/2018

After launching last year, online grocery- and food-delivery service Honestbee Philippines has set a goal of national expansion. Set up in Singapore in 2014, the concept soon spread to such neighbouring countries as Malaysia, Taiwan, Indonesia, Thailand, Hong Kong and Japan. In the Philippines, meanwhile, the Honestbee team has grown from five members to 150 […]

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Retail Asia12/03/2018

Honestbee, Asia’s leading online delivery service for food and grocery concierge, is creating a real buzz by introducing a new feature called Shared Cart to its food delivery service. Shared Cart is fast, free and easy to use. How it works: An honestbee food user selects a restaurant then clicks on the ‘Order with Friends’ […]

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Retail Asia25/01/2018

Aeon Co (M) Bhd signed a memorandum of understanding (MoU) with Singapore-based online concierge and delivery service, honestbee, to venture into on-demand delivery services. This new delivery option, which uses personal shoppers to pick up and deliver orders, will enable Aeon customers to make their purchases online, via honestbee mobile app or website. Speaking at […]

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Retail Asia20/10/2017

Honestbee Thailand is partnering with supermarket chain Villa Market for home deliveries. Since launching in Thailand in March, the Singapore-based online concierge and delivery service says it has had “six months of great success” and is gearing up for American Thanksgiving and Halloween celebrations. “The one-stop shop continues to attract the trendsetters of Bangkok and […]

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Retail Asia13/09/2017

Honestbee, Asia’s leading and trusted online concierge and delivery service has today officially announced the launch of honestbee GOODSHIP, their logistics service in Thailand. Honestbee GOODSHIP has been operating parcel deliveries in Bangkok for a couple of months before this official announcement, catering to B2B and B2C deliveries. The focus is on last-mile same-day or […]

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Retail Asia25/07/2017

Honestbee Food restaurant delivery service has been extended to Hong Kong. This follows the grocery and concierge service Honestbee partnering last month with eight major supermarkets, including UK retailer Tesco. To mark the launch of the meal-delivery service, Honestbee Food is offering special deals to Hong Kong customers, plus a free delivery promotion, until September […]

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Retail Asia21/06/2017

Honestbee, Asia’s leading online grocery and concierge service, where professional concierge shoppers handpick and deliver fresh groceries from top local stores, has announced partnerships with eight well-known major supermarket partners in Hong Kong on June 20th. Providing a turnkey solution for supermarkets to gain new customer bases and incremental revenue, Honestbee presents itself as an attractive […]

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