SoftBank-backed tech unicorn Kavak lays off 150 employees in Brazil operation
Kavak, which also operates in Argentina, started its journey in Brazil's financial capital, Sao Paulo, in July 2021. The company expanded into Rio in January this year with plans to invest around $103.92 million and have an inventory of 4,000 vehicles for sale within its first year.
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SoftBank-backed tech unicorn Kavak lays off 150 employees in Brazil operation
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June 09, 2022
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