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Dec. 7, 2024
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Retail

JD.com pledges wealth redistribution as part of China’s ‘common prosperity’ drive

November 29, 2022

With the ecommerce firm announcing cuts to executive pay to fund benefits for its frontline workers, JD.com has signaled its commitment to implementing Beijing’s new policy. Image courtesy of JD.com With the ecommerce firm announcing cuts to executive pay to fund benefits for its frontline workers, JD.com has signaled its commitment to implementing Beijing’s new policy. Image courtesy of JD.com

 

By Jing Zhang

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  1. Assouline inaugurates two-story flagship in Riyadh, Saudi Arabia
  2. Printemps now accepts cryptocurrency payments
  3. LVMH Luxury Ventures Fund invests in luggage brand Db
  4. Richard Mille announces MoMA partnership
  5. Audi propels Santa into the future with electric sleigh
  6. Luxury Unfiltered: Why feelings trump features in the new era of brand excellence
  7. Shanghai premiere of Ralph Lauren documentary features 1,000-drone spectacle
  8. Mercedes-Benz supplies Vatican with first electric ‘Popemobile’
  9. Culinary tourism market in APAC to grow to $6.2 trillion by 2033: Marriott
  10. Galeries Lafayette unveils plans for second Paris flagship
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