Li Auto Vows Not to Focus on Affordable EVs in Five Years
If Li Auto were able to take one-third of the segment in China for family users by 2030, it would generate total more than RMB 1 trillion, and if one takes into account of overseas by 2030, this market will create a business close to the revenue of all iPhones sold worldwide combined.1
Feb. 28, 2024
Wanda Group Sells the 12th Wanda Plaza
Wanda initiated its light asset strategy back in 2015. In 2017, Wanda's chair Wang Jianlin sold 77 hotels, 13 cultural tourism projects, and numerous overseas real estate projects, a move considered a "transformation milestone" at the time.
Feb. 28, 2024
Will Sora Put Hollywood Out of Job?-test
Will Sora Put Hollywood Out of Job
Feb. 20, 2024
Will Sora Put Hollywood Out of Job?
Sora has redefined the standards for AI video generation models in multiple aspects.
Feb. 20, 2024
With Staggering Ticket Sales, 9 Billion Trips Expected for Chinese New Year Mass Migration
20.9 million tickets were sold across China’s railway system last Thursday, implying an average of 240 tickets being sold per second, a record high in history.
Jan. 31, 2024
Flights Between China and ROW Rebound to 58% of Pre-Pandemic Levels
During the Mid-Autumn Festival and National Day holiday that started on September 29 and ended on October 6, the average number of daily domestic flights increased by 15% from the same period in 2019. However, the number of international flights during this period was less than 60% of that in the same period of 2019.
Jan. 29, 2024Shein Investors Said to Sell at 30% Discount Despite 2023 Sales Well Above $30 Billion
Shein achieved the valuation of around US$66 billion in a round of fundraising in last May, and was reported in November to target valuation of up to $90 billion through its IPO in US.
Jan. 29, 2024
test-2 Qihoo 360 Technology Unveils New AI Search App to Rival Baidu
As of December 2023, Baidu ranked the first with a 66.52% share of the Chinese search engine market. The domestic version of Bing holds a 13.32% market share, while 360 Search ranked third with a 6.43% share, surpassing Tencent's Sogou, the latest Statcounter data showed.
Jan. 29, 2024
test-1 Qihoo 360 Technology Unveils New AI Search App to Rival Baidu
As of December 2023, Baidu ranked the first with a 66.52% share of the Chinese search engine market. The domestic version of Bing holds a 13.32% market share, while 360 Search ranked third with a 6.43% share, surpassing Tencent's Sogou, the latest Statcounter data showed.
Jan. 29, 2024Qihoo 360 Technology Unveils New AI Search App to Rival Baidu
As of December 2023, Baidu ranked the first with a 66.52% share of the Chinese search engine market. The domestic version of Bing holds a 13.32% market share, while 360 Search ranked third with a 6.43% share, surpassing Tencent's Sogou, the latest Statcounter data showed.
Jan. 29, 2024
