SHEIN Covertly Files for US IPO, Valuation Could Surpass $80 Billion
Chinese fast-fashion e-commerce platform, Shein, has reportedly submitted an application to the U.S. Securities and Exchange Commission in secret, to prepare for a U.S. listing. It will be one of the largest IPOs in the U.S. securities market in recent years.
ByteDance CEO Liang Rubo Expresses Concern about ByteDance Becoming Mediocre
Liang Rubo openly expressed his greatest sense of crisis is the concern that ByteDance is becoming mediocre and unable to achieve new breakthroughs.
Starbucks Surpasses 7,000 stores in China, Reiterates “No Intention to Participate in Price Wars”
At present, Starbucks has surpassed 7,000 stores in the mainland Chinese market and is confident in continuing to be a leader in China's high-end coffee market.
Baidu’s Robin Li: Ernie Bot 4.0 Has Surpassed GPT-4 in Chinese Language Processing
Baidu's founder, Robin Li, stated on a TV program that Ernie Bot 4.0 has surpassed ChatGPT 4.0 in Chinese language processing, citing its ability to write in specific poetic styles that ChatGPT 4.0 struggles with.