The 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 Singapore headquarters that will temporarily stop all operations in Taiwan.”
Honestbee owed nearly 300 local restaurants NT$7.79 million (US$250,000) in outstanding payments for food bought by consumers, collected and delivered but never paid for by Honestbee.
Taiwan’s Ministry of Economic Affairs has opened an investigation into the company, and Honestbee decided on June 26 to suspend operations effective last Friday (28th).
