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05/09/2019
2019 World Artificial Intelligence Conference (WAIC) is currently the highest-profile conference in the field of artificial intelligence in China. The highlight of the agenda must be the conversation between Jack Ma and Elon Musk. The dialogue between the founders of such top giants often sounds unclear, but behind it actually reflects the deep thinking of them, and even the basic philosophy of thinking. This is a conversation of two people with different views and different perspective, even more like a debate with a peaceful tone...
ALIENS AND AI: Musk and Alibaba's Jack Ma talk of wild future 2019 World Artificial Intelligence Conference (WAIC) is currently the highest-profile conference in the field of artificial intelligence in China. The highlight of the agenda must be the conversation between Jack Ma and Elon Musk. The dialogue between the founders of such top giants often sounds unc...
25/06/2019
On the evening of May 23, Meituan Dianping's released the report of its financial report of first quarter. In terms of market value alone, Meituan Dianping has temporarily surpassed Baidu and became the third peak of the Chinese Internet.According to Meituan's first quarter financial report for 2019, total revenue was 19.17 billion yuan, up 70.1% year-on-year; gross profit was 5.07 billion yuan, up 57.8% year-on-year; operating loss was 1.3 billion yuan, up 24.3% year-on-year, but operating loss rate narrowed sharply to 6.8%; EBITDA was 460 million yuan after adjusted, the first time from loss to profit...
Surpassing Baidu, the $40 billion-valued Meituan became the third biggest internet company in China On the evening of May 23, Meituan Dianping's released the report of its financial report of first quarter. In terms of market value alone, Meituan Dianping has temporarily surpassed Baidu and became the third peak of the Chinese Internet.According to Meituan's first quarter financial report for 2019...
18/06/2019
In the past two years, shopping malls have become a place where mobile phone manufacturers are competing to enter in, and the size of flagship stores is growing, with most stores exceeding 500 square meters.The big change of mobile phone super store moving to the shopping mall (shopping center) is coping from the first Apple Store landing in The United States in May 2001.
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Open stores like Apple------OPPO and VIVO are moving towards from township street shop to the shopping center In the past two years, shopping malls have become a place where mobile phone manufacturers are competing to enter in, and the size of flagship stores is growing, with most stores exceeding 500 square meters.The big change of mobile phone super store moving to the shopping mall (shopping center) is c...
13/06/2019
On the evening of May 17, Luckin Coffee was officially listed on NASDAQ. The opening price of the first day was $25/ADS, which was 48% higher than the issue price of $17/ADS. After the opening bell, its market value once approached $6 billion. Before the IPO, Luckin Coffee was valued at US$2.9 billion. It’s just 17 months since the startup opened its first store, and it’s just 24 days after it submitted its prospectus...
Is it another possibility of coffee retailing behind Luckin's "dangerous game" ? On the evening of May 17, Luckin Coffee was officially listed on NASDAQ. The opening price of the first day was $25/ADS, which was 48% higher than the issue price of $17/ADS. After the opening bell, its market value once approached $6 billion. Before the IPO, Luckin Coffee was valued at US$2.9 billi...
29/05/2019
You may love or hate TikTok, but you cannot ignore it. Despite controversies, the Chinese video sharing app has surpassed social media giant Facebook as the most preferred social networking app globally in the March 2019 quarter, with some help from India. Despite a $5.7 million FTC fine and changes to restrict its use by those younger than 13 years old, TikTok retained its No. 1 position as the most downloaded app on the Apple App Store for the fifth consecutive quarter.
How TikTok overtook Facebook and Instagram to become the most downloaded app on planet You may love or hate TikTok, but you cannot ignore it. Despite controversies, the Chinese video sharing app has surpassed social media giant Facebook as the most preferred social networking app globally in the March 2019 quarter, with some help from India. Despite a $5.7 million FTC fine and changes...
20/05/2019
A near-consensus conclusion is that the battle for offline payment scenarios has become one of the themes of this era's giants. From the traditional POS machine to the QR code collection, under the continuous promotion of smart phone technology, it is the turn of the commercial scene of facial recognition. If it continues to develop steadily, this will accelerate the early arrival of the cashless payment era and make the battle for the giants clearer.
Why all the AI companies are turning to make chips? Recently, YITU Technology, one of the four major computer vision companies, announced the launch of its cloud AI chip QuestCore (request), which has once again attracted the attention of the chip industry.Following the intaroduction of self-developed chips by voice technology companies, computer vis...
16/05/2019
On May 8th, Tencent Lightspeed & Quantum Studios Group developed the mobile game "Game for Peace" officially launched. With the launch of this new game, "PlayerUnknown's Battlegrounds(PUBG)", which was also launched by Lightspeed & Quantum Studios Group, was closed for maintenance, finished the “beta testing” lasted for over a year.
When PUBG Mobile has changed into Game For Peace, will it still a blockbuster of Tencent ? In the player's eager expectation, a Tencent genuine battle royale shooter mobile game that can be recharged with a commercial license is finally launched. Its name is "Game For Peace".On May 8th, Tencent Lightspeed & Quantum Studios Group developed the mobile game "Game for Peace" officially launch...
16/05/2019
On a Sunday afternoon, in Indiranaga, Bangalore's upscale business district, a 150-square-meter showroom for a sports fashion brand was filled with stuff, not full of customers, but full of cardboard boxes. The more than 200 cartons filled with old things were originally intended to be piled up in suburban warehouses, but the trucks of local logistics companies have not arrived, and they have been late for more than six hours.While in the Lalamove’s dictionary, there is no lateness...
Delivery by motorcycles, 'Uber for logistics' startup Lalamove 's new try in Southeast Asia and South Asia On a Sunday afternoon, in Indiranaga, Bangalore's upscale business district, a 150-square-meter showroom for a sports fashion brand was filled with stuff, not full of customers, but full of cardboard boxes. The more than 200 cartons filled with old things were originally intended to be piled up in s...
07/01/2019
HoloBase BREAKING NEWS: breaks ground on Gigafactory in Shanghai, aims production by year-end
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02/01/2019
The group of people who are closest to AI technology are the young programmers who are crazy about the code, wearing a plaid shirt and carrying a backpack in the public impression. Even they do not expect that the research and development of AI has passed the experimental stage at a high speed in China, and the application and commercialization of AI have been put on the agenda...
Behind China's artificial intelligence boom: the bitterness and coolness of a group of young people From the macroscopic concept full of science fiction to the daily life of the people, the "popularization" of AI cannot be separated from a group of people who are bitter and cool. This group of people who are closest to AI technology are the young programmers who are crazy about the code, wearing a...
14/12/2018
Over the past 16 years, 72,000 students from 248 high schools in poverty-stricken areas have attended livestreaming classes simultaneously with one of the best high schools in the nation, the Chengdu No 7 High School. This is what was described in a report that went viral on WeChat on Thursday. Ding Lei, the founder and CEO of NetEase, reposted the report in his WeChat Moments with a post promising that the company will allocate 100 million yuan to support more schools to join the online education mode, "making knowledge flow between classes".
Livestreaming classes helps narrow China's education gap Over the past 16 years, 72,000 students from 248 high schools in poverty-stricken areas have attended livestreaming classes simultaneously with one of the best high schools in the nation, the Chengdu No 7 High School.The livestream enables students with poor education resources....
06/12/2018
The People's Bank of China (PBC) has dealt with 602 cases of cash rejections, including one involving Alibaba's Hema supermarket, and it ordered companies to add cash payment lines.
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China's central bank has launched a crackdown on retail stores that refused to accept cash The People's Bank of China (PBC), the central bank, has launched a crackdown on retail stores that refused to accept cash as payment, in support for older residents who prefer to use cash instead of mobile payments.The PBC has dealt with 602 cases of cash rejections, including o...
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