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JD.com Group-Buying Arm Reportedly Plans to Lay Off 10-15% of Staff
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JD.com Group-Buying Arm Reportedly Plans to Lay Off 10-15% of Staff

Mar 23, 2022
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JD.com Group-Buying Arm Reportedly Plans to Lay Off 10-15% of Staff
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(Source: PYMNTS.com)

Jingxi, the community and discount purchasing arm of Chinese e-commerce giant JD.com, is reportedly planning to lay off 10-15% of its staff members, according to a Monday report by Sina Tech.

In 2019, JD.com launched Jingxi, a social e-commerce platform that focuses on small-town and rural markets, to deal with the booming business of

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