LatePost | 晚点

Pinduoduo’s e-commerce revenue is approaching Ali at an accelerated pace; Meituan “Cheetah” enters Hong Kong, and local rivals expand subsidies

Original link: https://www.latepost.com/news/dj_detail?id=1675 Pinduoduo’s e-commerce revenue is accelerating to approach Ali While the two rivals were barely maintaining growth, Pinduoduo’s revenue and profits continued to soar in the first quarter, and its e-commerce advertising and transaction commission revenue was already equivalent to 62% of Ali’s during the same period. At the same time, the short-term […]

Pinduoduo’s e-commerce revenue is approaching Ali at an accelerated pace; Meituan “Cheetah” enters Hong Kong, and local rivals expand subsidies Read More »

Photovoltaic panels for two cents per square meter, a proof of global resilience

Original link: https://www.latepost.com/news/dj_detail?id=1673 After more than a year of see-saw, Biden finally won. On May 24, the US Congress initiated a vote to bypass the White House, trying to increase tariffs on Chinese photovoltaic products exported to the United States from Southeast Asia, but failed. At least until June next year, Chinese companies assembling photovoltaic

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He Xiaopeng broke the “small cycle”: cost reduction, G6, supply guarantee

Original link: https://www.latepost.com/news/dj_detail?id=1674 On the second day after Xiaopeng Motors released its first-quarter financial report, He Xiaopeng traveled 114 kilometers from Guangzhou to Zhaoqing, where the factory is located, to participate in the first supplier conference held by Xiaopeng Motors. He shared some of Xiaopeng’s recent thoughts on the supply chain. First, Wang Fengying, as

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Wanda’s interest-bearing debt exceeds 200 billion yuan, the highest in nearly four years; there are more planes and fewer passengers, and China has international air tickets of less than 1,000 yuan

Original link: https://www.latepost.com/news/dj_detail?id=1667 Wanda’s interest-bearing debt exceeds 200 billion yuan, a nearly four-year high Wanda has recently received a series of unfavorable news, such as the continued decline in domestic and foreign bond prices, the failure of Zhuhai Wanda’s IPO materials, and rumors of large-scale layoffs. On May 20, Wanda responded to the rumors of

Wanda’s interest-bearing debt exceeds 200 billion yuan, the highest in nearly four years; there are more planes and fewer passengers, and China has international air tickets of less than 1,000 yuan Read More »

Later exclusive丨Tencent integrated game-related businesses, Lin Songtao became the chairman of Huya; technical leaders of Ali and Xiaohongshu devoted themselves to large-scale model entrepreneurship

Original link: https://www.latepost.com/news/dj_detail?id=1666 Tencent integrates game-related businesses, and Huya has a new chairman  “LatePost” exclusively learned that Lin Songtao, vice president of Tencent, will succeed Huang Lingdong as the chairman of Huya (HUYA.US). After resigning, Huang Lingdong continued to work in Tencent Interactive Entertainment Group (IEG). Huya is China’s leading independent game live broadcast

Later exclusive丨Tencent integrated game-related businesses, Lin Songtao became the chairman of Huya; technical leaders of Ali and Xiaohongshu devoted themselves to large-scale model entrepreneurship Read More »

Apple will release new hardware next month, the product of various compromises; domestic retail has basically returned to pre-epidemic, except for real estate-related

Original link: https://www.latepost.com/news/dj_detail?id=1663 Apple will release new hardware next month, the product of various compromises Evidence is mounting that Apple will unveil its first mixed reality headset at next month’s WWDC. Technology reporter Mark Gurman wrote a long article saying that this product has gone through a long 7 years of research and development, but

Apple will release new hardware next month, the product of various compromises; domestic retail has basically returned to pre-epidemic, except for real estate-related Read More »

B The magnificence of the sedan chair determines the life and death of a big factory

Original link: https://www.latepost.com/news/dj_detail?id=1662 People initially didn’t want a domestic brand sedan, especially a higher-end B-segment car. Ordinary people can’t afford it. 45 years ago, the traffic lights on the streets of Shanghai were controlled by people. A Phoenix brand bicycle was not bad, and the number of cars per thousand people was 0.5. And the

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New Ali, old Ali: some things have changed, some things have not changed

Original link: https://www.latepost.com/news/dj_detail?id=1661 At the same time as the quarterly report was released on May 18, Ali announced the list of board members of all business groups and the listing and financing plans of some business groups. The most significant reorganization since the establishment of Ali has come to an end. Zhang Yong is still

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Exclusive later | SHEIN made a profit of 1 billion last year, looking for allies in global fundraising

Original link: https://www.latepost.com/news/dj_detail?id=1659 China’s cross-border fast fashion e-commerce company SHEIN is in the latest round of financing. The first batch of financing of nearly US$2 billion has been completed and two Middle Eastern sovereign funds have been introduced. “LatePost” exclusively learned that this round of financing will also join the second batch of investors, and

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​Tencent’s customers start spending money, and they continue to save money; ​A hearing to seriously discuss issues, a CEO who actively calls for regulation

Original link: https://www.latepost.com/news/dj_detail?id=1657 Tencent​customers start spending, they keep saving In the first quarter of this year, the main businesses of China’s largest Internet companies resumed growth. According to Tencent’s announcement, the company achieved revenue of about 150 billion yuan in the first three months of this year, a year-on-year increase of 10.71%, which is the

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When price cuts no longer work, Tesla will also start advertising and stacking models

Original link: https://www.latepost.com/news/dj_detail?id=1656 “Tesla will start advertising and see how it works.” At the shareholder meeting on May 16, US time, Tesla CEO Elon Musk (Elon Musk) just finished speaking, and the crowd began to cheer. The applause was stronger than when Musk mentioned the long-awaited models and technologies in the market. “Tesla is interested

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