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AI startup Taiger liquidates Singapore entity, over 80 staff cut
Taiger Singapore had liabilities of S$9.8 million that exceeded assets of S$6.9 million, according to the company's audited financial statements for the year ended Dec 31, 2020. Operating cash outflow was S$6.8 million.
The company's net loss deepened to S$12.5 million from S$9.4 million after flat revenue of S$3 million, and higher expenses for software development and staff.
