Pinduoduo released Q1 financial report: marketing expenses fell 14% year-on-year, and R&D expenses hit a new high
On May 27, Pinduoduo released its financial report for the first quarter of 2022. The data shows that in the first quarter, Pinduoduo’s revenue was 23.8 billion yuan, a year-on-year increase of 7%. Operating profit under US GAAP was $2.2 billion.
As of March 31, 2022, Pinduo’s multi-year active buyers reached 881.9 million, a year-on-year increase of 7%. During the quarter, the average monthly active users of the Pinduoduo app reached 751.3 million, an increase of 4% year-on-year.
In the first quarter, GAAP marketing expenses fell 14% from the same period in 2021. R&D expenses increased by 20% to RMB 2.7 billion from RMB 2.2 billion in the same period in 2021.
“In the past few quarters, we have chosen to devote more resources and energy to the fields of digital technology, agricultural technology and agricultural product logistics.” Chen Lei said that at present, the heavy warehouse technology and agriculture have gradually achieved results, which also makes us more determined It has made a long-term commitment to agricultural digitization. (Source: TechWeb)
Apple is sued in Russia for the first time
According to TASS news on the 27th local time, Apple has been sued for the first time in Russia for refusing to localize user data.
According to Article 13.11 of Part 8 of the Code of Administrative Offenses of the Russian Federation, operators who fail to comply with the relevant provisions of Russian personal data legislation when collecting information through the Internet and other channels will be held accountable.
Moscow’s Tagansky District District Court No. 422 will hear the case on June 28. (Source: Financial Associated Press)
Dingdong Maicai withdraws from many cities, responding to strategic adjustments to some sites
Recently, some netizens in Chuzhou, Anhui said that they received a service adjustment announcement for Dingdong grocery shopping. The site will stop the delivery service at 18:00 on May 31, 2022, and the site community will also be disbanded.
The announcement stated that if the customer’s account recharge balance has not been used up, please use it as soon as possible. If there is still a balance in the account or the green card membership has not expired, you can contact customer service for assistance in refunding or returning the card.
The customer service of Dingdong Maicai responded that some city sites, such as Xuancheng, Chuzhou, Guangdong, Zhongshan, Zhuhai and other cities in the strategic adjustment of some cities, have no specific notice when they will reopen. Jiangsu, Zhejiang and Shanghai are still delivering normally. (Source: Boss Hookup)
The post-80s IPO of the University of Science and Technology of China rang the bell: the opening rose 56%, with a market value of 16 billion
On the 27th, Yuncong Technology officially landed on the Science and Technology Innovation Board. The IPO price was 15.37 yuan per share, and the opening rose 56.15%. The market value once exceeded 16 billion.
Behind Yuncong Technology is a post-80s doctor, Zhou Xi. In 2011, Zhou Xi gave up studying in the United States and chose to return to China – to study AI in Chongqing. Yuncong Technology was born out of the project of the Chongqing Institute of Green Intelligence of the Chinese Academy of Sciences that Zhou Xi participated in, and later moved its headquarters to Guangzhou.
Founded the latest, Yuncong Technology is the last unicorn of China’s “AI Four Little Dragons”, and has raised at least 11 rounds of financing along the way. After going through the big waves, SenseTime finally successfully went public, Megvii resumed the issuance registration process, and Yitu chose to terminate the IPO.
Today, cloud technology has realized the closed loop of core technology from intelligent perception to cognition and decision-making. In terms of business layout, Yuncong Technology has gradually achieved mature applications in the four major areas of smart finance, smart governance, smart travel, and smart business. (Source: Investment Community)
Elon Musk: US recession ‘actually a good thing’
On the 27th, when asked by Twitter users if he thought the U.S. economy was approaching a recession, Tesla CEO Elon Musk said: “It’s actually a good thing, it’s a matter of throwing money on fools. It’s been going on for too long and there needs to be some bankruptcy.”
Later, another netizen followed up and asked Musk how long he thought the recession would last, and Musk responded: “Based on past experience, it will take about 12 to 18 months. Companies that are essentially negative cash flow (i.e. value destroyers) ) need to die so they stop consuming resources.” (Source: Sina Technology)
People familiar with the matter: CATL has been appointed as the BMW cylindrical battery project
The reporter learned from people familiar with the matter that CATL has received a “fixed-point notice” from BMW, a customer, and will provide cylindrical battery supply for BMW’s new electric models.
Previously, BMW planned to use cylindrical batteries in models based on the Neue KlaSSe electric vehicle platform to be released in 2025. (Source: Financial Associated Press)
Zhuanzhuan will charge a payment channel fee for successful orders, the rate is “six thousandths”
On May 27, the second-hand trading platform Zhuanzhuan announced that starting from May 30, 2022, it will collect “six thousandths” of the payment channel fee for orders successfully traded in the free market.
The Zhuanzhuan instructions show that after the buyer pays, the money will be temporarily guaranteed on the platform. When the buyer confirms the receipt, the platform will transfer the money to the seller’s account. When making payments to sellers, WeChat/Alipay companies need to charge the payee a service fee of 6/1000, which is called payment channel fee.
This fee will be deducted from the total payment (selling price and freight) of the transaction after the user completes the transaction, and given to the third-party payment platform. If the sale is unsuccessful, the fee will not be charged.
It should be noted that for the refund after the successful sale and the seller receives the money, the payment channel fee does not support refund. (Source: AI Finance and Economics)
Huawei mobile phones will add an “Application Security Detection” entry, which can scan mobile phones for illegal applications
Huawei officially announced that the Huawei AppGallery will gradually add “application security detection” entries to various models of Huawei mobile phones, and upgrade the function of application security detection.
The app security detection function can detect and scan all apps installed on the device, including official apps downloaded through the Huawei AppGallery and third-party apps downloaded from other channels.
According to reports, the application security detection system of HUAWEI AppGallery will also issue risk warnings for non-compliant applications downloaded from third-party channels, such as viruses, privacy violations or malicious advertisements, which are found during the scanning process to ensure that users are aware of the application. Safe state. At the same time, the application security detection function is connected to the National Anti-Fraud Center’s fraud information black sample database, and provides early warning and interception of fraudulent applications that users may come into contact with.
In addition, Huawei AppGallery will remove some apps that are safe and compliant at the time of launch, but whose developers use the cloud to control suspected malicious behavior. (Source: IT House)
xMEMS micro speakers will appear in headphones
xMEMS, a company that specializes in making tiny speakers using MEMS technology, demonstrated a 3D-printed model at Computex with an OEM manufacturer called Vencer.
This 3D printed model isn’t amazing looking, and the fit is far from perfect, especially with the foam earbuds installed that don’t create a proper seal for you. So on the show floor, no kind of sound quality judgment can be made, but it seems that MEMS earphones have a lot in common with balanced armatures, that is, they need a good seal to make a good sound.
An interesting aspect of MEMS speakers is that they can be used in both open and closed modes, where open mode would be used for ambient modes such as making phone calls or in place of ANC-enabled type earbuds. The closed mode will work like a pair of normal drivers inside normal earbuds.
There isn’t any specific information on when the retail products will be available, but the manufacturers say they will be available later this year. (Source: cnBeta)
New experiment shows quantum internet is one step closer
The quantum internet is an internet that uses the principles of quantum mechanics to transmit information. Under the quantum Internet, users will be expected to send information on a completely secure communication network.
Recently, a research team from Delft University of Technology in the Netherlands announced that they have successfully achieved quantum information teleportation between two non-adjacent nodes for the first time using a basic three-node quantum network.
This effect, previously reported, has been confined between two connected nodes. This result shows that mankind is one step closer to building a quantum Internet. The research has been published in the May 25 issue of the journal Nature. (Source: Smart Technology Fans)
Ultra-high-definition schematic diagram of China’s space station: the space villa will be completed by the end of the year and can accommodate 6 people
Recently, the official popular science microblog of the Science and Technology Committee of China Aerospace Science and Technology Corporation @ Aerospace Stave released a picture, which has aroused widespread heated discussion among netizens, that is, the ultra-high-definition schematic diagram of the Chinese space station. Officials said that according to the plan, the Chinese space station will complete the construction of the T-shaped configuration by the end of this year, with more than 110 cubic meters of activity space in the cabin.
The interior will be equipped with 2 astronaut exit hatches and 1 cargo airlock, and provide 6 sleeping areas and 2 sanitary areas, which can realize long-term 3-person and short-term 6-person residency, which can be said to be a space villa. According to previous reports, in the overall T-shaped configuration of the space station, the core cabin is an absolute C position, and the experimental cabin I and the experimental cabin II are connected on both sides respectively. Among them, the core cabin will also be used to control the entire space station assembly, and the two experimental cabins are used for scientific experiments in biology, materials, microgravity fluids, and basic physics.
The Chinese space station also uses advanced network communication technology, Wi-Fi is available, and the speed can reach 1.2Gbps, which is the downlink speed of China Tianlian relay station. No. 01 star, connecting the core module and the ground station, the delay is only seconds. In addition to China’s own use, Yang Liwei also said that our country’s manned spaceflight is open to different countries and institutions, and more countries are welcome to join us in conducting space research. (Source: Fast Technology)
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