Ericsson confirmed layoffs in China, stating that the layoffs are aimed at aligning with the company's efforts to diversify its R&D footprint in order to better support its global sales.
JAC stated that the cooperation with NIO will continue to deepen, with a shift in focus from traditional OEM business to other strategic areas such as jointly building battery swapping service networks.
Baidu CEO Robin Li delivered a keynote speech at the Create 2024 Baidu AI Developers Conference today. Baidu has provided a powerful basic model series and three major AI development tools to enhance social creativity.
Recently, AutoNavi, a digital map and navigation service provider backed by Alibaba, quietly launched taxi services in Hong Kong, including instant car booking and airport transfer services.
Some employees of Amazon China have received layoff notification emails from headquarters. Amazon stated that due to duplication in job categories, it will be reducing hundreds of positions within specific Sales, Marketing, and SMGS organizations.
On April 8th, Alibaba Cloud announced price reductions in overseas markets, covering core products deployed in 13 global regions and over 500 product specifications. The average price reduction is 23%, with the highest reaching up to 65%.
The high-end electric vehicle brand Zeekr under the Chinese car manufacturer Geely has restarted its IPO in New York to raise up to $500 million, which is lower than the previously set target of over $1 billion.
With the entry of Xiaomi SU7 with a starting price of 215,900 yuan, a new round of "price reduction wave" has started in the new energy market, intensifying competition.
Lenovo CEO Yang Yuanqing stated that on April 18th, the Tech World Lenovo Innovation Technology Conference will be held in Shanghai, and sophisticated AI PC will debut in the Chinese market first.
Redmi brand general manager Thomas responded that there are currently no plans for Redmi cars. The focus is on making Xiaomi cars first, and there will definitely be new car model plans in the future.
Chinese online education platform Zuoyebang has launched a large-model-based AIGC learning product called "Question AI" in the United States, Indonesia, and other places.
Douyin e-commerce recently launched an app called "Douyin Shopping Mall". This is the first comprehensive independent e-commerce platform launched by Douyin e-commerce outside of the Douyin app.
Alibaba responds to the news of selling Bilibili ADR: Based on Alibaba's own capital management goals, it does not affect the business cooperation between both parties.
