Thursday, July 16, 2020

Alibaba's UCWeb Lays Off India Staff, Club Factory Halts Payments Following Chinese App Ban

Alibaba subsidiary UCWeb decided to lay off staff in India, as it stopped services following Indian government’s order to ban Chinese apps. On the other hand, China-based e-commerce app Club Factory announced that it is putting all settlements with sellers on the app and website on hold as it invokes a "force majeure" clause, freeing it from cont...

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