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The recent death of an employee of Pinduoduo, a fast-growing e-commerce giant, has reignited public concerns over the hectic work schedules commonly adopted by Chinese tech firms.
Shi Yu / China Daily Editor's note: The sudden death of a 23-year-old woman after fainting on her way back home from work has sparked a heated public debate, with many criticizing the overwork culture in the rapidly expanding e-commerce sector, especially because some tycoons once supported the "996" schedule (working from 9 am to 9 pm, six days a week) in 2019. Three experts share their views with China Daily's Yao Yuxin on how to strengthen employees' rights in the internet age. Excerpts follow: Qiao Xinsheng, a professor of the law school at the Zhongnan University of Economics and ...
News that China is investigating the e-commerce giant over antitrust issues has spilled over to shares of SoftBank Group.
By Craig Mellow Order Reprints NIO EP9 Courtesy of NIO You think Tesla (ticker: TSLA) stock had a good year? Shares in Elon Musk’s electric-car dynamo jumped a mere 670% during 2020. Chinese competitor Nio (NIO) posted an 11-fold increase. EVs aren’t the only sector where emerging market stars left U.S. names in the dust. Amazon.com’s (AMZN) 75% advance lagged Latin American e-commerce sensation MercadoLibre’s (MELI) 200%. Southeast Asian online marketplace Sea (SE) climbed fourfold. Chinese social-media power Tencent (700: Hong Kong) outperformed Facebook (FB)...