Dalian Wanda to slim down ecommerce unit as it refocuses on core

(Source: Financial Times)¬†Dalian Wanda is significantly downsizing its ecommerce arm as the Chinese conglomerate returns to its core real estate business model. Wanda Internet Technology Group will cut at least 1,000 jobs this year, according to two people familiar with the matter. The group, which runs Wanda’s online retail and finance services,¬†.