PropertyGuru axes 174 employees, shuts 3 business units

Several Companies to Shut Down Operations

In a surprising move, Sendhelper, PropertyGuru Finance, and the company’s data and software solutions will be shutting down its operations.

Background

Sendhelper, a popular on-demand delivery platform, was founded in 2015 and quickly gained popularity among consumers and businesses alike. The company’s platform allowed users to outsource tasks and errands, such as grocery shopping, house cleaning, and more, to a network of local workers.

PropertyGuru Finance

PropertyGuru Finance, a digital mortgage lender, was launched in 2019 with the goal of making it easier for people to buy or refinance a home. The company’s platform allowed users to apply for a mortgage online and receive a decision in minutes.

Company’s Data and Software Solutions

The company’s data and software solutions was a suite of products aimed at helping businesses make data-driven decisions. The company’s software solutions included tools for data visualization, business intelligence, and predictive analytics.

Reasons for Shutdown

The reasons behind the shutdown are not publicly known, but it is often the case that companies shut down due to financial difficulties, lack of funding, or changes in market conditions.

Impact on Users

For users of Sendhelper, this means that they will no longer be able to use the platform to outsource tasks and errands. For users of PropertyGuru Finance, they will no longer be able to apply for a mortgage online and receive a decision in minutes. For customers of the company’s data and software solutions, they will no longer have access to the company’s products and services.

Conclusion

The shutdown of Sendhelper, PropertyGuru Finance, and the company’s data and software solutions is a significant event that will have an impact on many users. While the reasons behind the shutdown are not publicly known, it is often the case that companies shut down due to financial difficulties, lack of funding, or changes in market conditions.

FAQs

Q: What is the reason for the shutdown?

A: The reason for the shutdown is not publicly known.

Q: How will this impact users of Sendhelper, PropertyGuru Finance, and the company’s data and software solutions?

A: Users of these services will no longer be able to use the platforms or access the company’s products and services.

Q: Will the company still provide support for existing customers?

A: The company has announced that it will no longer provide support for existing customers.

Q: Will the company’s data and software solutions be available for purchase or licensing in the future?

A: The company has announced that it will no longer sell or license its data and software solutions.