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On April 18th, the Hurun Research Institute published the "2023 Global Unicorn List," which includes non-public companies founded after 2000 and valued at over $1 billion. The valuation calculation for this list was based on data from the end of 2022.
Recently, Luckin Coffee released its Q1 2023 financial report. The report shows that Luckin Coffee achieved a total net revenue of RMB 4.437 billion (USD 640 million) in the first quarter of this year, an increase of 84.5% year-on-year.
Quillion Technology, which has been in operation for more than half a year and was working on general-purpose computing and data center solutions, informed all staff on August 5 that the company would cease its operations.
On April 10th, SOHO China underwent a change in its business registration information. The legal representative and chairman of the board were changed from Pan Shiyi to Xu Jin.