ID Digest: Lamudi Indonesia lays off staff; Erajaya Active Lifestyle to raise $28m in IPO

ID Digest: Lamudi Indonesia lays off staff; Erajaya Active Lifestyle to raise $28m in IPO

Photo: Lamudi

Lamudi Indonesia, a property tech startup, has laid off employees in several departments. Separately, local retail distributor PT Sinar Eka Selaras Tbk, or Erajaya Active Lifestyle, has announced plans to raise 425 billion rupiah ($28.35 million) in an initial public offering (IPO).

Edited by: Pramod Mathew

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