People select automobiles at a second-hand market in Shenyang, Liaoning province December 10, 2011. Photo: Reuters

Online used car dealer Renrenche said to cut 60 per cent of staff as China’s tech boom cools amid trade war

  • Loss-making Didi – Renrenche’s major investor – underwent a large-scale restructuring of its own and has ‘optimised’ 2,000 jobs since the start of the year
Topic |   Start-ups

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People select automobiles at a second-hand market in Shenyang, Liaoning province December 10, 2011. Photo: Reuters
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