WPP fires executive detained on bribery charges in China
British advertising giant WPP said on Monday it had fired an executive at its GroupM media agency in China after authorities detained the unnamed person on charges of bribery last week. ...
Stay updated with breaking news from Patrick Xu. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
British advertising giant WPP said on Monday it had fired an executive at its GroupM media agency in China after authorities detained the unnamed person on charges of bribery last week. ...
SHANGHAI — Four people linked to WPP-owned media agency GroupM have been questioned by authorities in Shanghai, according to two people with knowledge of the matter. One current employee and two former staff were detained, one of the people said. The fourth, GroupM China’s CEO and country managing director for WPP China, Patrick Xu, was questioned by police but not...
Offices raided.
Following yesterday’s report in Campaign Asia-Pacific, the Shanghai Economic Investigations Department has released an official statement implicating three members of GroupM on bribery charges, including two former employees.
The latest detainments come as China continues to crack down on foreign companies’ conduct in light of evolving data, security and corruption laws.