SoftBank-backed grocery startup Oda lays off 150, resets focus on Norway and Sweden | TechCrunch
Briefly

Oda, an online supermarket, has confirmed layoffs and will focus on Norway and Sweden for profitability next year, facing challenges in online grocery operations.
CEO Poad highlighted the difficulties in online grocery: complex perishable orders, multi-temperature supply chain, and high price sensitivity causing struggles in the industry.
Poad's appointment and exodus of co-founder Karl Munthe-Kaas indicate Oda's efforts to overcome challenges, including a reported 'foreign fiasco' leading to leadership changes.
Read at TechCrunch
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