Rumor: Vancl's Rufengda to Close Branches in 20 Cities
Tencent Tech, 8/31/12
Chinese B2C clothing website Vancl's logistics subsidiary Rufengda Express Delivery Service reportedly plans to close operations in 20 out of 26 cities, downsizing its staff from 4,000 to 2,000. Rufengda will continue to maintain its offices in Beijing, Shanghai, Guangzhou, Shenzhen, Xi'an, and Wuhan. A Rufengda VP declined to comment on the rumor.
Keywords: Vancl Internet B2C logistics Rufengda apparel e-commerce