Original link: https://www.latepost.com/news/dj_detail?id=1576 “LatePost” exclusively learned that Qie Xiaohu, vice president of Tencent and head of the information and service line of PCG (Platform and Content Business Group), has resigned. It’s unclear where the veteran technologist will go next. Qie Xiaohu joined Tencent in September 2020 as the vice president of the company, responsible for …
Original link: https://www.latepost.com/news/dj_detail?id=1575 The price was reduced by 20,000 yuan, 48,000 yuan, 90,000 yuan, and 160,000 yuan. Automakers tried to stimulate people’s desire to spend money with larger numbers. The spring of 2023 is the beginning of the auto industry getting out of the epidemic, but the recovery of consumption will not be so fast. …
Original link: https://www.latepost.com/news/dj_detail?id=1574 Alibaba’s reorganization left a variable The day after the founder publicly appeared in China, Alibaba announced the largest restructuring since its establishment. This may also be the largest restructuring of a Chinese private company. The reorganization was initiated by Zhang Yong, chairman and CEO of Alibaba, who will take over the split …
Original link: https://www.latepost.com/news/dj_detail?id=1572 On March 28, Alibaba founder Jack Ma was reported to have appeared in Hangzhou on the afternoon of the next day. Alibaba Group held a president meeting and announced a large-scale restructuring plan——Alibaba will set up six major business groups, which can be independently financed or even listed in the future. IPO. …
Original link: https://www.latepost.com/news/dj_detail?id=1570 Ali’s market value rebounded by 100 billion yuan in 10 days What kind of news is Ma Yun’s return to China? The impact on Alibaba will not be too great. In the last 10 trading days, Alibaba’s market value rebounded by nearly 100 billion yuan, but today’s stock price fell. Jack Ma …
Original link: https://www.latepost.com/news/dj_detail?id=1571 The Alipay business group started the largest executive rotation in the past 7 years, and established two new business divisions “LatePost” exclusively learned that the Alipay business group under Ant Group recently started the largest executive rotation in the past seven years, involving multiple departments, and the positions of many vice …
Original link: https://www.latepost.com/news/dj_detail?id=1568 After three years, the U.S. Congress once again held a hearing on TikTok, and TikTok is also facing the possibility of spin-off or being banned again. A congressman told TikTok CEO Zhou Shouzi who was questioned at the hearing, “I have to thank you. You have done something unimaginable in the past …
Live TikTok U.S. Congressional Hearings: Difficult Questions, Tightening Encirclement Read More »
Original link: https://www.latepost.com/news/dj_detail?id=1564 Advertising became Tencent’s first business to rebound. Taking advantage of the general trend of the recovery of China’s advertising industry and the accelerated commercialization of WeChat from the second half of 2022, Tencent Advertising ushered in a long-lost positive growth in the fourth quarter, with an increase of 14.6% and a scale …
Tencent’s total revenue flat, advertising recovers; Nvidia, supplier of all AI vendors Read More »
Original link: https://www.latepost.com/news/dj_detail?id=1563 “LatePost” learned exclusively that AutoNavi held an internal meeting today (March 22) and announced the official merger with word-of-mouth business of Ali Local Life’s in-store business. In the future, all the local life-to-store businesses under Ali will be unified and integrated in the entrance of AutoNavi. At around 10 a.m., Yu Yongfu, …
Original link: https://www.latepost.com/news/dj_detail?id=1560 Pinduoduo’s Administrative Expenses Soar In the fourth quarter of last year, when the core business of its peers was sluggish, Pinduoduo maintained high growth. Quarterly revenue and net profit increased by more than 40% year-on-year, and the final annual revenue exceeded 130.5 billion yuan and profit exceeded 31.5 billion yuan. The re-investment …
Pinduoduo’s administrative expenses soar; banks become high-risk investments Read More »
Original link: https://www.latepost.com/news/dj_detail?id=1559 Microsoft covered by the halo of OpenAI Microsoft gave OpenAI $1 billion in 2019. The two companies are so different that they even seem to operate with opposite ends. One is mature, stable and profitable, one is young, idealistic, and burns money for a long time; one operates along the boundaries of …
Original link: https://www.latepost.com/news/dj_detail?id=1558 We used GPT-4 to ask Wenxin Yiyan 20 questions, and here are their answers “Lawan Finance” was invited to participate in the product launch of Baidu Wenxin Yiyan today. Li Yanhong successively showed the demonstration videos of the five functions of Wenxinyiyan literary creation, commercial copywriting creation, mathematical logic calculation, Chinese understanding, …
Original link: https://www.latepost.com/news/dj_detail?id=1557 Meituan Maicai achieves breakeven, restarts expansion plan, and will open in Suzhou in the near future “LatePost” learned that Meituan’s pre-warehousing e-commerce business, Meituan Maicai, has restarted the Suzhou Kaicheng plan shelved early last year in February this year. It has completed the site selection in the local area and will …