Those numbers couldn’t be correct. A month before job losses in the United States surpassed 10 million in two weeks, figures were leaking out of China. In eCommerce and retail, China has served as a leading indicator of sorts, but on February 15th, we couldn’t have imagined the news that would come at the end of the following month. A colleague at Alibaba mentioned that the news would later report a job loss number of catastrophic proportions: six million in the month of February. I didn’t believe it so I disregarded the estimates. I was wrong to do so.
This member brief is designed exclusively for
Executive Members, to make membership easy, you can click below and gain access to hundreds of reports, our DTC Power List, and other tools to help you make high level decisions.
Join Here
