Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
Chipmaker YMTC Cedes Control of Foundry Unit Ahead of Mega IPO
In Depth: How AI Is Rewiring White-Collar Work in China
Crealights Takes Step Closer to Hong Kong IPO as Data Center Boom Fuels Growth Prospects
LATEST
In Depth: How AI Is Rewiring White-Collar Work in China
Chipmaker YMTC Cedes Control of Foundry Unit Ahead of Mega IPO
Chinese Startup Manifold AI Raises Fresh Funding as Investors Bet on ‘World Models’
Crealights Takes Step Closer to Hong Kong IPO as Data Center Boom Fuels Growth Prospects
Tencent Lets AI Agent Make Purchases Through WeChat Pay
Galaxea AI Chief Says China Could Lead Robotics Models Within Three Years
SiliconFlow Raises $294 Million as China’s AI Inference Demand Surges
Ant Revamps Alipay With AI Assistant in Biggest App Overhaul
New Model Sends Zhipu AI’s Stock Soaring
DJI, Insta360 File Competing U.S. Patent Lawsuits Over Camera Tech
Cover Story: When Employees Leave, Their AI Clones Carry on Working
AI Stocks Zhipu, MiniMax Slide as Lock-Up Expirations Near
Japan’s Chip Exports to China Surge as Bilateral Trade Rebounds
China’s AutoFlight Wins Indonesian Certification for Cargo eVTOL
EHang Aircraft Sales Plunge as eVTOL Commercial Rollout Stalls
China Targets 10,000 Humanoid Robots in Commercial Use by End-2026
Chinese Tech Insiders Cash Out After AI Stock Rally
Pentagon Adds Alibaba, Baidu, BYD and Nio to Chinese Military-Linked List
WeChat Opens AI Agent Ecosystem for Food Orders and Flight Bookings
China’s Robotics Industry Index Rises 6.4%

By Han Wei / Nov 21, 2018 02:21 AM / Business & Tech

Photo: VCG

Photo: VCG

Chinese online classifieds giant 58.com launched an internal anti-graft campaign that has brought down at least two senior executives for alleged corruption.

A number of other Chinese tech giants including Baidu Inc. and JD.com have initiated internal inspections in recent years to root out corruption among employees.

Beijing-based 58.com, similar to America’s Craigslist, said Monday that its former vice president of the channel business division, Song Bo, and the division’s former director, Guo Dong, have been arrested by police for criminal investigation of taking bribes.

The company said an internal inspection detected misconduct by Song, Guo and others early this year. Without detailing the amount of money involved, 58.com said the bribes taken by Song and Guo are “huge.”

Since 2016, online search engine Baidu has fired 30 employees in 17 internal corruption cases. JD.com in August identified 17 former employees accused of corruption and embezzlement, including four whose cases were passed along to police for criminal investigation.

Share this article
Open WeChat and scan the QR code