Hong Kong’s first unicorn Tink Labs set to shut down this week: Report

Hong Kong’s first unicorn Tink Labs set to shut down this week: Report

Terence Kwok. Photographer: Mark Tsang/Bloomberg

Tink Labs, Hong Kong’s first billion-dollar startup founded by a 25-year-old entrepreneur, is set to shut down after quietly laying off nearly all its employees, according to a Financial Times report.