Retail in Asia

In People

Yahoo China staff in hot demand

Yahoo Inc’s announcement last week that it was shutting up shop in the Chinese mainland has seen a rush by Internet companies across the country to attract its staff.

As China’s booming Internet industry continues to gain momentum, companies are competing fiercely for the best talent.

The coffee house below Yahoo’s Beijing office was overwhelmed with human resources staff on Monday. "We have been in contact with a dozen Yahoo employees since last week," said Pony Liu, director of VIP.com, an online retailing platform dedicated to selling discounted brand products, adding it had around five vacancies.