Reuters opens China development centre, sees staff tripling
BEIJING, Oct 9 (Reuters) – Global news and information company Reuters Group (RTR.L: Quote, Profile, Research) opened a development centre in China for key products such as its 3000Xtra desktop terminal and said it expected to triple the operation’s staff to 600 in three years.
The centre, located in the capital’s technology hub of Zhongguancun, will also input data related to mergers and acquisitions, company financial reports and forecasts, and economic data for markets in China, South Korea and Japan, Reuters said in a statement on Monday.
It gave no figure for the amount invested.
“This investment underscores our commitment to China and our desire to participate in its future as a global leader in technology and financial markets,” Chief Executive Tom Glocer said in the statement.