While the company did not disclose the exact number, sources told that around 300–350 roles were cut as Porter prepares for a potential public listing.
With the new funds, the company plans to grow into more cities, aiming to support millions of small businesses and create opportunities for over 1 million gig workers.
Porter, a logistics services company funded by Tiger Global, has become a unicorn following the completion of a new friends and family round in which investors