Despite a sluggish market, Grab expects no significant layoffs
The largest ride-hailing & food delivery company in Southeast Asia, Grab, is selectively hiring while restraining its ambitions to enter the financial services industry.Grab does not anticipate needing to implement mass layoffs, as some competitors have done.According to Grab’s chief operating officer, Alex Hungate, early in the year, the company was concerned about a worldwide […]
Chinese homebuyers reside in their incomplete, “rotting,” Properties
Ms. Xu has lived in a room in a high-rise condominium in the southern Chinese metropolis of Guilin for the past six months. She purchased the apartment three years ago after being drawn to it by advertisements praising the riverfront views as well as the city’s pure air.Her living circumstances, however, fall far short of […]