JD founder cautions logistics business must tighten belt
Alibaba’s arch-foe JD.com has long prided itself on owning and controlling its logistics services: couriers are treated as in-house staff and paid a basic income. But that will end soon as costs keep piling up for the e-commerce giant. In an internal letter sent to the staff on Monday, JD founder and chief executive Richard … Continue reading JD founder cautions logistics business must tighten belt
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