Tech Planet (ID: tech618) exclusively learned that ByteDance launched an enterprise cloud service platform called Huoshan Yinqing, which translates to "volcano engine" in English since February. According to report, it registered a WeChat official account called Zijie Yun in November 2019 and operated by Feishu, whose website is www.byteoc.com. According to the "Volcano Engine" terms of service, its developer is Beijing Feishu Technology Co., Ltd. Qichacha shows that ByteDance set up a compan...

Tech Planet (ID: tech618) exclusively learned that ByteDance launched an enterprise cloud service platform called Huoshan Yinqing, which translates to "volcano engine" in English since February. According to report, it registered a WeChat official account called Zijie Yun in November 2019 and operated by Feishu, whose website is www.byteoc.com. According to the "Volcano Engine" terms of service, its developer is Beijing Feishu Technology Co., Ltd. Qichacha shows that ByteDance set up a compan...

According to Bloomberg news, ByteDance's 2019 net profit exceeds $3 billion. Before this, some reports claimed that the revenue of TikTok reached Rs 2.3-2.5 crore in India in the fourth quarter of 2019. The company also set a goal that its revenue will achieve Rs 1 billion in the third quarter of 2020. In fiscal 2019, ByteDance announced a net profit of Rs 33.8 million. Most of the revenue generated by ByteDance comes from TikTok. On all platforms, the number of ByteDance's monthly ...

According to Bloomberg news, ByteDance's 2019 net profit exceeds $3 billion. Before this, some reports claimed that the revenue of TikTok reached Rs 2.3-2.5 crore in India in the fourth quarter of 2019. The company also set a goal that its revenue will achieve Rs 1 billion in the third quarter of 2020. In fiscal 2019, ByteDance announced a net profit of Rs 33.8 million. Most of the revenue generated by ByteDance comes from TikTok. On all platforms, the number of ByteDance's monthly ...

The epidemic did not stop the continuous profitability of Vipshop. On May 27th, Beijing time, the discount retailer e-commerce Vipshop released the first quarter 2020 financial report. According to Non-GAAP standards, Vipshop Q1's net profit attributable to shareholders was 986.1 million yuan (about 139.3 million US dollars), a year-on-year increase of 20.8%, exceeding market expectations. It is also Vipshop's 30 consecutive quarterly profit. And the record is again set. During the ...

The epidemic did not stop the continuous profitability of Vipshop. On May 27th, Beijing time, the discount retailer e-commerce Vipshop released the first quarter 2020 financial report. According to Non-GAAP standards, Vipshop Q1's net profit attributable to shareholders was 986.1 million yuan (about 139.3 million US dollars), a year-on-year increase of 20.8%, exceeding market expectations. It is also Vipshop's 30 consecutive quarterly profit. And the record is again set. During the ...

With the deep implementation of the new infrastructure concept, people in the hardware industry can't help but ask a crucial question: under what circumstances can the commercial value of the Internet of Things be maximized? In the 25 years since the concept of the Internet of Things was proposed by Bill Gates, the industry's thinking about IoT has shifted from more macro scenarios to a more subtle level - how to efficiently connect hardware and how to improve connection quality. At...

With the deep implementation of the new infrastructure concept, people in the hardware industry can't help but ask a crucial question: under what circumstances can the commercial value of the Internet of Things be maximized? In the 25 years since the concept of the Internet of Things was proposed by Bill Gates, the industry's thinking about IoT has shifted from more macro scenarios to a more subtle level - how to efficiently connect hardware and how to improve connection quality. At...

When Uber's global orders dropped sharply by 80% in April and employees were worried about being laid off, its competitor Didi Chuxing first announced that it was slightly profitable. This is the first good news that Didi Chuxing ushered in after the collective "winter" in 2019. On May 7, Jean Liu, president of Didi Chuxing, told the media that the main car-hailing business has achieved a slight profit, and Chinese business has recovered 60-70% after the epidemic. Although Didi's pr...

When Uber's global orders dropped sharply by 80% in April and employees were worried about being laid off, its competitor Didi Chuxing first announced that it was slightly profitable. This is the first good news that Didi Chuxing ushered in after the collective "winter" in 2019. On May 7, Jean Liu, president of Didi Chuxing, told the media that the main car-hailing business has achieved a slight profit, and Chinese business has recovered 60-70% after the epidemic. Although Didi's pr...

The Chinese Internet pays attention to the opportunity and the situation. Although the epidemic had a certain impact on society and the economy, it also provided an opportunity for the development of online entertainment, telecommuting and service industries. As one of the representatives of telecommuting software, Dingtalk also announced its future development plan after acquiring a large number of users due to the epidemic. On May 17th, at the 2020 New Dingtalk Press Conference, Alibaba Din...

The Chinese Internet pays attention to the opportunity and the situation. Although the epidemic had a certain impact on society and the economy, it also provided an opportunity for the development of online entertainment, telecommuting and service industries. As one of the representatives of telecommuting software, Dingtalk also announced its future development plan after acquiring a large number of users due to the epidemic. On May 17th, at the 2020 New Dingtalk Press Conference, Alibaba Din...

The latest data shows that TikTok and Douyin become the world's highest earning app in the global market in April. On May 25, statistics from SensorTower show that Douyin and its overseas version TikTok recorded more than US$78 million in revenue in the global AppStore and GooglePlay in April (a 10-fold increase year-on-year), topping the overall worldwide revenue rankings. YouTube, which had always occupied the top spot, ranked second with a revenue of approximately US$76 million. Tinde...

The latest data shows that TikTok and Douyin become the world's highest earning app in the global market in April. On May 25, statistics from SensorTower show that Douyin and its overseas version TikTok recorded more than US$78 million in revenue in the global AppStore and GooglePlay in April (a 10-fold increase year-on-year), topping the overall worldwide revenue rankings. YouTube, which had always occupied the top spot, ranked second with a revenue of approximately US$76 million. Tinde...

After a miserable 2019, Nio finally has opportunities to make some adjustments this year. Meanwhile, with the support of preferential policies, it solved its financing problem. According to the new policy for new energy vehicles issued on April 23, it was stipulated that those models with a price of more than 300000 yuan (including 300000 yuan) before subsidies would no longer enjoy preferential policies, but the "power exchange mode" vehicles would not be limited by this regulation. It is al...

After a miserable 2019, Nio finally has opportunities to make some adjustments this year. Meanwhile, with the support of preferential policies, it solved its financing problem. According to the new policy for new energy vehicles issued on April 23, it was stipulated that those models with a price of more than 300000 yuan (including 300000 yuan) before subsidies would no longer enjoy preferential policies, but the "power exchange mode" vehicles would not be limited by this regulation. It is al...

Pinduoduo and Alibaba successively issued their financial reports on Friday, May 22nd, before market open. So far, the three major Chinese e-commerce giants (Alibaba, JD.com and Pinduoduo) have all handed in the first quarter report affected by the epidemic. The performance of JD.com, which earlier released its financial report, has been discussed many times: revenue exceeded expectations, active users increased significantly, and the logistics system became a key support for JD.com in a spec...

Pinduoduo and Alibaba successively issued their financial reports on Friday, May 22nd, before market open. So far, the three major Chinese e-commerce giants (Alibaba, JD.com and Pinduoduo) have all handed in the first quarter report affected by the epidemic. The performance of JD.com, which earlier released its financial report, has been discussed many times: revenue exceeded expectations, active users increased significantly, and the logistics system became a key support for JD.com in a spec...

On May 18, China's top Internet search company Baidu announced its first quarter earnings report for 2020 after the US market close. Due to the impact of the epidemic in the first quarter, Baidu's shares have also been affected to a certain extent, but its revenue and profit indicators have been greatly improved. According to the financial report, Baidu's revenue growth exceeded market expectations, and net profit turned into a profit, up 219% year-on-year. Despite the impact o...

On May 18, China's top Internet search company Baidu announced its first quarter earnings report for 2020 after the US market close. Due to the impact of the epidemic in the first quarter, Baidu's shares have also been affected to a certain extent, but its revenue and profit indicators have been greatly improved. According to the financial report, Baidu's revenue growth exceeded market expectations, and net profit turned into a profit, up 219% year-on-year. Despite the impact o...

Kuaishou once again launched an attack on the overseas short video market. Recently, it launched a new short-video app called Snack Video on Google Play targeting overseas users. Unlike its other overseas short video product, Kwai, Snack Video has a recommendation algorithm that can more accurately push the video content that users like, and the functional interface is very similar to TikTok's. The development of overseas markets has always been an important strategy for Kuaishou, but th...

Kuaishou once again launched an attack on the overseas short video market. Recently, it launched a new short-video app called Snack Video on Google Play targeting overseas users. Unlike its other overseas short video product, Kwai, Snack Video has a recommendation algorithm that can more accurately push the video content that users like, and the functional interface is very similar to TikTok's. The development of overseas markets has always been an important strategy for Kuaishou, but th...

In 2020, the new infrastructure is heating the industry. Tencent Holdings will invest 500 billion yuan ($70 billion) over the next five years in technology infrastructure as announced on May 26, 2020. Why does Tencent choose the new infrastructure? Not long ago, in the "Chinese Government Work Report", the State proposed a 2020 plan for "new infrastructure" as follows： To strengthen new infrastructure construction, to develop a new generation of information networks, to expand 5G applications...

In 2020, the new infrastructure is heating the industry. Tencent Holdings will invest 500 billion yuan ($70 billion) over the next five years in technology infrastructure as announced on May 26, 2020. Why does Tencent choose the new infrastructure? Not long ago, in the "Chinese Government Work Report", the State proposed a 2020 plan for "new infrastructure" as follows： To strengthen new infrastructure construction, to develop a new generation of information networks, to expand 5G applications...