Showing 12 of 1104 posts with this tag
Luckin Coffee's annual revenue exceeded 10 billion yuan ($1.45 billion) for the first time last year. This year, the Chinese coffee chain targets to establish 10,000 stores despite competition from Cotti Coffee, a new brand launched by Luckin former chairman Charles Lu.
To cap off the 2022 FIFA World Cup in Qatar, Argentina defeated reigning champion France 7-5 (4-2 on penalties) to win the coveted title for the first time in 36 years. Nearly as excited as Argentinian fans were many Chinese sponsors, including NetEase Media, a subsidiary of Chinese internet company NetEase, and others.
A Chinese government-backed organization has asked Kuaishou to take down 10,000 videos due to infringement of music copyrights, days before the company’s IPO in Hong Kong.
On February 14th, Baidu announced that it will gradually release the ERNIE Bot 4.5 series in the coming months and officially open source it starting from June 30th.
According to a person familiar with the matter, New Oriental Education's subsidiary BlingABC began to offer online Chinese courses in the United States.
On July 17th, Ctrip held a press conference in Shanghai and officially launched its vertical large-scale model product "Ctrip Wendao". According to James Liang, Chairman of the Board of Directors of Trip.com Group, Ctrip Wendao is the first vertical large-scale model developed by Ctrip itself in the tourism industry, with model parameters exceeding billions.
Zhihu, the largest Q&A-focused online content community in China, denied the report of going public in Hong Kong in the near future.
On May 30th, The Stock Exchange of Hong Kong documents showed that the artificial intelligence company Mobvoi submitted an IPO application to the exchange, aiming to become the first AIGC stock. China International Capital Corporation and CMB International Capital Holdings are joint sponsors.
Stranger Things came at a time when Netflix was in desperate need of a new subscriber injection and was preparing to hand the syringe to China regardless of the costs, but the popularity of the show suddenly solved the pressing issue.
Chinese EV maker NETA Auto initiated preparations for its Hong Kong IPO in Q4 last year, with cornerstone investment exceeding 20 billion RMB.
The combination of AI and human tutoring could provide students of all backgrounds with an opportunity to escape the classic “assembly line” sort of education system. AI is duplicatable at a lower cost, and is unaffected by time and location.
What do you think of when someone mentions Dolce & Gabbana? For me, I picture a lot of flowery, exquisite patterns, the renaissance, and vintage decors, etc...