Tech in Asia

Last week we wrote about some of the concerning reports circulating on the net about group buy site 24quan's, ahem, "restructuring." Amidst the sort of things we've come to expect from group buy sites -- branch closings, location-based layoffs -- there were also reports of vendors and employees going unpaid or being threatened with withheld wages if they didn't sign a separation agreement when their branch was closed. 24quan CEO Du Yinan was nice enough to leave us a comment on that story. In essence, he confirmed the layoffs, although obviously ...