China Youzan Carries Out Mass Layoffs, VP Leaves SaaS service provider China Youzan has launched its first round of layoffs this month. The first employees to be cut are product and technology R&D staff.
Weimob and Xiaohongshu Reach Agreement Cooperation to Open Integrated Chain of Traffic, Operations and Transactions Tencent-backed Weimob announced on Wednesday that it had reached an in-depth agreement with Chinese lifestyle sharing platform Xiaohongshu.