Why QED-backed Leo1 needs a sharp turnaround to stabilise its ship

Over the past two years, the company has undertaken significant rationalisation, shutting down verticals, scaling back operations in underperforming business lines like its lending business, and laying off staff.

​Over the past two years, the company has undertaken significant rationalisation, shutting down verticals, scaling back operations in underperforming business lines like its lending business, and laying off staff.