Why Some of China’s Hottest Tech Companies Are Cooling Off

This article first appeared in Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. China’s second-largest e-commerce company, JD. com, plans deep job cuts to staunch losses and reassure investors, according to a slew of recent media reports, highlighting the mounting challenges faced […]

Data Sheet—Why Some of China’s Hottest Tech Companies Are Cooling Off

China’s second-largest e-commerce company, JD. com, plans deep job cuts to staunch losses and reassure investors, according to a slew of recent media reports, highlighting the mounting challenges faced by Chinese tech firms as their nation’s economy loses steam. The Information, citing investors, reported Tuesday that NASDAQ-listed JD.com is preparing to lay off as many […]