Sunday, September 8, 2019

China Labor Watch: at the largest iPhone factory ~50% of workers were temps in August, breaking a 10% limit set by China; Apple, Foxconn admit it was an issue (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
China Labor Watch: at the largest iPhone factory ~50% of workers were temps in August, breaking a 10% limit set by China; Apple, Foxconn admit it was an issue  —  - Companies confirm report on excessive use of temporary workers  — China Labor Watch alleges harsh conditions before iPhone event



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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...