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Tag: brandless

SoftBank-backed Brandless to lay off staff, shutter operations

Online retailer Brandless will lay off 70 people, or almost 90% of its staff, as it prepares to shut down business operations, the company confirmed to CNBC. The company is only retaining 10 employees to complete remaining orders. Brandless is the first startup backed by SoftBank Vision Fund to fail. The $100 billion megafund has …

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