Market Chatter: Baidu, Geely to Help Resolve Problems at Joint Venture

MT Newswires Live
2024/12/13

Baidu (BIDU) and Geely said Friday that they are committed to assisting their electric vehicle joint venture Ji Yue Auto in resolving employee disputes over social welfare benefits and severance payments, Reuters reported, citing official posts on Chinese social media.

The statement, posted on the Weibo platform, came a day after images of Ji Yue Auto employees demanding unpaid benefits surfaced, the report said.

Baidu did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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