Groupon's China Venture Closes Some Offices

China's joint venture in China, Gaopeng.com, has closed offices in some cities and laid off hundreds of employees.

Topics:  china   gaopeng   venture   offices   
BING NEWS:
  • Honda Moves to Cut China Workforce With Voluntary Layoffs
    (Reuters) -Honda Motor is scaling down its full-time production workforce in China, with roughly 1,700 employees having agreed to leave thus far, as sales in the world's second-largest economy decline ...
    05/14/2024 - 9:26 am | View Link
  • Honda moves to cut China workforce with 1,700 voluntary layoffs, Nikkei reports
    Honda Motor is scaling down its full-time production workforce in China, with roughly 1,700 employees having agreed to leave thus far, as sales in the world's second-largest economy decline, the ...
    05/14/2024 - 9:22 am | View Link
  • As Silicon Valley Pivots to Patriotic Capital, China Ties Linger
    Investors with connections to China are backing startups developing tech that the U.S. wants to counter Beijing.
    05/13/2024 - 12:17 am | View Link
  • Chinese venture capitalists warn IPO freeze will hit innovation
    Chinese venture capitalists have warned the country's IPO freeze is starving tech startups of funds by keeping market participants locked into existing investments, undermining Beijing's current push ...
    05/9/2024 - 6:56 pm | View Link
  • Credit Suisse’s China Venture Faces Staff Reductions Amidst Restructurings
    In a recent update from Hong Kong, Credit Suisse’s securities brokerage joint venture in China has disclosed a significant decline in staff numbers for the year 2023, a period marked by Swiss ...
    05/6/2024 - 8:07 am | View Link
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