Author: Karamjit Singh (with additional reporting by Gabey Goh)
iBuy under pressure, board orders US$216K monthly opex cut
Despite being ordered by the board to cut A$250,000 a month in opex and witnessing its share price take a dive over the last three months, the soon-to-be rebranded iBuy Group is in the best financial shape ever, claims its new CEO Krzysztof Marszalek.