Alibaba's Ele.me Delivery Platform Signs Collective Contract On Wages And Labor Safety With Staff; Collective Contract Will Apply To 3M Workers
Portfolio Pulse from Charles Gross
Alibaba's food delivery platform, Ele.me, has signed a collective contract on wages and labor safety with its staff. The contract will apply to 3 million workers.
July 13, 2023 | 10:15 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Alibaba's Ele.me has signed a collective contract on wages and labor safety, which will apply to 3 million workers. This could potentially improve labor relations and the company's reputation.
The signing of the contract indicates Alibaba's commitment to labor safety and fair wages, which could improve its reputation and potentially lead to increased investor confidence. This could have a positive impact on Alibaba's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100