[Updated] Indonesian fintech startup Lummo lays off staff

Lummo's service for MSMEs.

Editor’s note: This story has been updated to include comments from the company.

Jeff Bezos-backed fintech startup Lummo [formerly known as BukuKas] is letting go of its staff and halting the expansion of LummoSHOP — its service that allows offline merchants to set up online stores, DealStreetAsia has learnt.

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