News on May 16: Recently, foreign media reported that express Russia cut 40% of its staff. According to insiders close to express Russia, the company is indeed adjusting its annual business posts, but the actual proportion is about 10%, and the news of layoffs of 40% is untrue.
It is reported that express Russia is a joint venture operating independently in Russia. So far, express Russia has not responded.
On May 14, foreign media quoted people familiar with the matter as saying that due to the continuous Russian Ukrainian crisis affecting cross-border business, quick sell Russia laid off about 40%.
People familiar with the matter said that the business sector was the hardest hit by the layoffs. Some laid-off employees choose to leave voluntarily, and others choose to transfer their posts. It is unclear whether there will be more layoffs.
In 2019, Ali and Russian partners established a joint venture, Russia global express, to operate domestic and cross-border transactions. But Ali has only a small stake.
It is reported that aliexpress is one of the largest cross-border export B2C platforms in China, and it is also the No. 1 e-commerce website in Russia and Spain. Global Express is one of the e-commerce businesses of Alibaba group, which is committed to serving small and medium-sized entrepreneurs around the world.