News & Updates

Charging piles are once again racing to stake out territory.

In 2022, China's new energy vehicle industry remained in full swing. Data from the China Passenger Car Association shows that as of November, national retail sales of new energy vehicles reached 5.03 million units this year, a year-on-year increase of 100.1%, and market penetration reached 36.3%. Behind the rapidly growing sales figures, it means that the charging demand for new energy vehicles is also increasing, thus bringing new development momentum to the new energy charging and battery swap industry.

370 2022-12-29

Looking back, 2021 may have been the liveliest Double 11

In 2009, not long after Taobao Mall was founded, a group of 'ignorant and fearless' Alibaba employees planned the first 'Double 11' event on a few sheets of A4 paper.

149 2022-11-14

Weak Demand for Consumer Electronics Continues to Hit Upstream Semiconductor Manufacturers

On September 29, U.S. Eastern Time, U.S. memory chip company Micron Technology announced its fourth-quarter fiscal 2022 results for the period ended September 1. In this quarter, Micron Technology's revenue was $6.643 billion, down 19.71% year over year, the lowest revenue since the second quarter of fiscal 2021; net income was $1.492 billion, down 45.15% year over year.

142 2022-10-11

Ren Zhengfei's Chill Blows to Singapore

As a shining new star in the global internet industry, Shopee has not only achieved rapid performance growth in recent years, but has also been extremely generous in attracting domestic internet talent. Since its headquarters is in Singapore, its overseas company background has made many domestic internet practitioners yearn for it.

264 2022-08-30

Prices are rising again! Sony announces price increases for hundreds of products in Japan starting September 1

This price increase will cover 129 products, including digital mirrorless cameras, R-mount mirrorless cameras, Blu-ray disc recorders, camcorders, radios, and portable audio players. Among them are many products that have not been launched in China and need to be purchased through overseas online shopping.

371 2022-08-24

Contrarian investing: being cheap is not the be-all and end-all

Peter Lynch once taught an investment strategy that he claimed was always very effective: “When the media and the investing public generally believe that an industry has deteriorated from bad to very bad, boldly buying the stocks of the most competitive companies in that industry will definitely make you money.” At the same time, avoid the popular stocks in those hot industries.

379 2022-08-15

Shenzhen cross-border e-commerce moves to emerging African markets

Shenzhen cross-border e-commerce is setting its sights on Africa. Shenzhen Xiaobao New Retail Co., Ltd., established only one year ago, focuses on a cross-border supply chain platform for Africa, with annual revenue exceeding 30 million yuan; Shenzhen Suda Fei, established less than three years ago, has grown into the logistics company with the highest market share in Africa's cross-border e-commerce logistics.

264 2022-08-10

Is the '6·18' cross-store spend-and-save a platform subsidy or merchants paying out of their own pockets?

E-commerce platforms are flooded with cross-store spend-and-save offers. Who pays for them? On June 8, a Beijing Business Today reporter's investigation found that if they want to participate in '6·18' and seize the traffic dividend during the big promotion, small and medium-sized merchants cannot avoid paying out of their own pockets to participate in the spend-and-save offers, in order to catch up with the pace of e-commerce promotions. However, some merchants admit that bearing all the costs themselves will indeed further squeeze profit margins, and they also have to pay marketing expenses at each stage, so the operating pressure can be imagined. Despite their different considerations, whether merchants or platforms, they are ultimately keen on a series of spend-and-save discounts, hoping to attract more consumers and convert them into long-lasting traffic.

144 2022-06-18

Alibaba Slows Down: Taobao Drags It Down, New Businesses Burn Cash, Market Value Shrinks by More Than Half

Over the past year, Alibaba has been quite 'bumpy.' It was not only fined 18.2 billion yuan by the State Administration for Market Regulation, but super streamers Viya and Xueli, who are strongly associated with Alibaba, also ended dismally due to 'tax incidents.' Under the influence of various unfavorable factors, Taobao and Tmall showed negative growth for the first time, heavily invested new businesses have not yet become profitable, and Alibaba's market value shrank by more than half in 2021.

19 2022-03-30