According to Chinese media, Chinese e-commerce service is gearing up to hire 20,000 new employees next year, including 5,000 new graduates and 1,000 software engineers. That’s on top of the 13,000 employees that the company already has under its payroll. In the current e-commerce scene in China, hiring boatloads of people might be cause for concern given recent updates we’ve been hearing about Groupon’s staff cuts in the country. But 360buy appears confident and ready to expand, so we’ll have to wait and see how this announcement pans out.