Why Temu’s Chinese Parent Company Is Suing Ex-Employees
Listen now
Description
Ex-workers say PDD, Temu’s Chinese parent company, is enforcing noncompete clauses in their contracts, bringing them to court and forcing them to pay exorbitant penalties. WSJ reporter Shen Lu tells host Alex Ossola what this reveals about China’s competitive e-commerce business. Plus, Yum Brands, the company behind popular fast-food chains like KFC and Pizza Hut, is going ‘AI-first.’ WSJ reporter Belle Lin tells us what that means for customers and the company’s operations. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices
More Episodes
In October 2021, Facebook announced it was changing its name to Meta. For a company that had built its business on social media, it was a gamble to seemingly pivot to a future version of the internet that didn’t yet exist and wasn’t well understood. On this first episode of our special series on...
Published 05/04/24
Published 05/04/24
Plus: Apple stock rallies the day after the company reported earnings. And shares of Coinbase fall. Alex Ossola hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Published 05/03/24