Alibaba Group Chairman and CEO Zhang Yong officially took over Ma Yun in September 2019. In just 7 months, he has made drastic adjustments internally and participated in the formulation of new corporate values. Besides he also made a round of streamlining of core executives who reported directly to him. He completed a $2 billion acquisition, and spent $3.3 billion to continue to integrate Cainiao. Huang Zheng, founder of Pinduoduo, began to look for new investment after leading the company to...

Alibaba Group Chairman and CEO Zhang Yong officially took over Ma Yun in September 2019. In just 7 months, he has made drastic adjustments internally and participated in the formulation of new corporate values. Besides he also made a round of streamlining of core executives who reported directly to him. He completed a $2 billion acquisition, and spent $3.3 billion to continue to integrate Cainiao. Huang Zheng, founder of Pinduoduo, began to look for new investment after leading the company to...

According to Forbes real-time data, Pinduoduo CEO Huang Zheng's net worth soared. At the end of April, his personal net worth was as high as $ 25.7 billion (equivalent to 182 billion yuan), making him the third richest person in mainland China. Benefiting from the cooperation with Gome, since April, Pinduoduo's shares have continued to reach a new high. As of April 25, the US stocks closed, and Pinduoduo quoted at $ 49.57, a year-to-date increase of 31.07%. The market value is $ 58....

According to Forbes real-time data, Pinduoduo CEO Huang Zheng's net worth soared. At the end of April, his personal net worth was as high as $ 25.7 billion (equivalent to 182 billion yuan), making him the third richest person in mainland China. Benefiting from the cooperation with Gome, since April, Pinduoduo's shares have continued to reach a new high. As of April 25, the US stocks closed, and Pinduoduo quoted at $ 49.57, a year-to-date increase of 31.07%. The market value is $ 58....

After several competition, as the user penetration rate and scene penetration rate have reached a high level, the battle in the mobile payment market seems to be over. Although Alipay and Tenpay have been the third-party payment service provider leader in China, they are still exploring new incremental markets, trying to replace absolute growth with structural growth. The payment enterprises in the second echelon also make efforts in their respective subdivisions. JD Pay launches a "self-serv...

After several competition, as the user penetration rate and scene penetration rate have reached a high level, the battle in the mobile payment market seems to be over. Although Alipay and Tenpay have been the third-party payment service provider leader in China, they are still exploring new incremental markets, trying to replace absolute growth with structural growth. The payment enterprises in the second echelon also make efforts in their respective subdivisions. JD Pay launches a "self-serv...

NetEase's four major strategies are facing challenges: the growth rate of the game business peaks, the future of Cloud Music is not clear, e-commerce business is gradually marginalized, and Youdao's only prospect is good, but it cannot support the whole company. On May 5, NetEase reportedly submitted an application for secondary listing to the Hong Kong Stock Exchange. Although as of now, NetEase has not responded to this rumor, but judging from the market environment in which the C...

NetEase's four major strategies are facing challenges: the growth rate of the game business peaks, the future of Cloud Music is not clear, e-commerce business is gradually marginalized, and Youdao's only prospect is good, but it cannot support the whole company. On May 5, NetEase reportedly submitted an application for secondary listing to the Hong Kong Stock Exchange. Although as of now, NetEase has not responded to this rumor, but judging from the market environment in which the C...

"My data on TikTok these past two days is particularly amazing. I just posted a picture of noodle machine, and the foreigners all ask me where to buy it." Xiaoxiao, a former internet marketing practitioner, usually likes to record herself and her foreign boyfriend on Douyin like a Vlog. Under the situation that the production of explosive content has formed a set pattern and team battles, this type of likes and views are always very few, mostly from mutual friends. But she got dozens of traff...

"My data on TikTok these past two days is particularly amazing. I just posted a picture of noodle machine, and the foreigners all ask me where to buy it." Xiaoxiao, a former internet marketing practitioner, usually likes to record herself and her foreign boyfriend on Douyin like a Vlog. Under the situation that the production of explosive content has formed a set pattern and team battles, this type of likes and views are always very few, mostly from mutual friends. But she got dozens of traff...

A few days ago, Baidu announced that its online office brand "Baidu Hi" will be fully upgraded and officially renamed as "Infoflow", hoping to further build a new generation of artificial intelligence office platform with knowledge management capabilities. Baidu hopes to help corporate offices to be more smooth and efficient. So whether it is to use artificial intelligence technology to iterate functions, launch 520-person audio and video conferences, or anchor the direction of knowledge mana...

A few days ago, Baidu announced that its online office brand "Baidu Hi" will be fully upgraded and officially renamed as "Infoflow", hoping to further build a new generation of artificial intelligence office platform with knowledge management capabilities. Baidu hopes to help corporate offices to be more smooth and efficient. So whether it is to use artificial intelligence technology to iterate functions, launch 520-person audio and video conferences, or anchor the direction of knowledge mana...

According to leiphone.com, the monthly semiconductor industry report released by Chinese analysis agency CINNO Research this week shows that Huawei's HiSilicon has a commanding 43.9% market share in China, overtaking Qualcomm to become the leading chip vendor in China for the first time. This change is mainly caused by the the epidemic, therefore, will this change in ranking transform the Chinese mobile phone processor market pattern? Qualcomm's latest financial report released on W...

According to leiphone.com, the monthly semiconductor industry report released by Chinese analysis agency CINNO Research this week shows that Huawei's HiSilicon has a commanding 43.9% market share in China, overtaking Qualcomm to become the leading chip vendor in China for the first time. This change is mainly caused by the the epidemic, therefore, will this change in ranking transform the Chinese mobile phone processor market pattern? Qualcomm's latest financial report released on W...

On April 27th, Beijing time, China's largest used car e-commerce platform Uxin released a new quarterly financial report. Affected by the epidemic, the financial report of Uxin's used car comes late. Judging from its share performance, Uxin is basically in a downward trend in the first quarter, and the stock price has remained below $2 for most of the time. Judging from market sentiment, its investment situation is not optimistic. According to the financial report, its performance i...

On April 27th, Beijing time, China's largest used car e-commerce platform Uxin released a new quarterly financial report. Affected by the epidemic, the financial report of Uxin's used car comes late. Judging from its share performance, Uxin is basically in a downward trend in the first quarter, and the stock price has remained below $2 for most of the time. Judging from market sentiment, its investment situation is not optimistic. According to the financial report, its performance i...

On April 29, Tech Planet (ID: tech618) was exclusively informed that Tencent has rolled out Xiao'e Pinpin, a mini program for social commerce on WeChat. Xiao'e Pinpin's shopping mode is similar to Pinduoduo. It is an e-commerce platform with group-buying feature. According to the official introduction, Xiao'e Pinpin relies on the diversified scenes and huge user groups of Tencent's social ecosystem to connect consumers with various circles and diverse shopping scenes....

On April 29, Tech Planet (ID: tech618) was exclusively informed that Tencent has rolled out Xiao'e Pinpin, a mini program for social commerce on WeChat. Xiao'e Pinpin's shopping mode is similar to Pinduoduo. It is an e-commerce platform with group-buying feature. According to the official introduction, Xiao'e Pinpin relies on the diversified scenes and huge user groups of Tencent's social ecosystem to connect consumers with various circles and diverse shopping scenes....

On the weekend, May 10, SF unveiled the Fengshi WeChat mini program in China, which mainly targets enterprises' group meal demands. Currently the platform has signed some restaurant chains including Pizza Hut, Yoshinoya, and Ajisen Ramen. And what's more, in order to to attract more merchants to the service, it has rolled out a series of measures, including zero franchise fees and promising low commission rates. Due to the impact of the epidemic at the beginning of the year, the foo...

On the weekend, May 10, SF unveiled the Fengshi WeChat mini program in China, which mainly targets enterprises' group meal demands. Currently the platform has signed some restaurant chains including Pizza Hut, Yoshinoya, and Ajisen Ramen. And what's more, in order to to attract more merchants to the service, it has rolled out a series of measures, including zero franchise fees and promising low commission rates. Due to the impact of the epidemic at the beginning of the year, the foo...

Suning.com has been established for 30 years, earlier than Alibaba and Pinduoduo in the e-commerce field. However, in the fierce market competition, it wants to be younger. In 1990, Suning.com opened its first air-conditioned franchise store on Nanjing Ninghai Road. Suning.com went public in 2004, when the company name was also called "Suning Appliance". In 2013, Suning.com issued an announcement saying that based on the business form of online and offline multi-channel integration, full-cate...

Suning.com has been established for 30 years, earlier than Alibaba and Pinduoduo in the e-commerce field. However, in the fierce market competition, it wants to be younger. In 1990, Suning.com opened its first air-conditioned franchise store on Nanjing Ninghai Road. Suning.com went public in 2004, when the company name was also called "Suning Appliance". In 2013, Suning.com issued an announcement saying that based on the business form of online and offline multi-channel integration, full-cate...

When all companies have ushered in the most difficult financial reporting season during the COVID-19 crisis, Tencent Music Entertainment Group (hereinafter referred to as "Tencent Music"), China's top music streaming company, recently posted its 2020 first-quarter earnings. The financial report shows that Tencent Music's revenue has continued to grow steadily during the epidemic. However, although Tencent Music's 2020 first-quarter financial report performs well, it also expose...

When all companies have ushered in the most difficult financial reporting season during the COVID-19 crisis, Tencent Music Entertainment Group (hereinafter referred to as "Tencent Music"), China's top music streaming company, recently posted its 2020 first-quarter earnings. The financial report shows that Tencent Music's revenue has continued to grow steadily during the epidemic. However, although Tencent Music's 2020 first-quarter financial report performs well, it also expose...