Thursday, November 21, 2024

Monthly Archives: November, 2023

JEVE Faces Unplanned Shutdown as Power Battery Industry Grapples with Surplus Supply Situation, Initiates Industry Restructuring

The elimination round for power battery companies has officially begun. Recently, a notice from JEVE Power titled "Company Production Halt, Employee Leave, and Training Notice"...

Chinese E-commerce Platforms Disrupt Black Friday Landscape, Challenging Amazon Dominance

In 2023, the waters of overseas e-commerce were stirred by TikTok and others during the Black Friday shopping frenzy. Recently, on the "overseas Double...

ByteDance Shrinks Gaming Business: A Strategic Retreat or a New Beginning?

"Last week, I was racing against the clock to book meeting rooms by tightening the spring, and today I went to confirm the last...

Huawei’s Car BU Secures Investment from Changan, While Ceres Reacts to Strategic Adjustment

Huawei's smart car solution BU (referred to as “car BU”) has independently announced a significant development. On the evening of November 26th, Changan Automobile released a statement stating that...

Gresgying’s Ambitious $1.5 Billion Investment: Navigating the New Energy Landscape Amidst Financial Challenges

In the current era, new energy has become the sought-after avenue for many listed companies to explore new growth opportunities. On November 20th, the listed...

Intense Competition and Discounts at Guangzhou Auto Show Signal Year-End Battle for China’s Auto Market”

Guangzhou Auto Show is the last major auto show of the year, naturally becoming the starting gun for the year-end battle among automotive companies. This...

Vivienne Westwood Accelerates Store Openings in China with Support from a Shandong Company

British designer brand Vivienne Westwood has recently opened a store in the central area of Hangzhou. This marks its first store in Hangzhou, featuring...

NIO’s Strategic Alliance with Changan: Will Opening Battery-Swapping System Lead to Financial Gains and Market Recognition?

The question of why NIO is not making a profit has become a constant topic in China's automotive discourse, providing fodder for various discussions....

The Decline of Gucci: Unraveling the Shifts in Style and Strategy

Gucci is going through challenging times. According to the financial report of Kering Group, Gucci's parent company, in the third quarter ending on September...

Kai-Fu Lee Faces Criticism in the AI Arena: A Tale of Ambitious Ventures and Controversial Claims

Amidst the turbulent waves of the domestic and international AI scene, touted as the "first windfall" of the AI era, a "shell game" controversy...

NIO Faces a Winter of Losses, Selling a Car Means Losing ¥200,000!

I After 5.5 years of losses totaling ¥76.4 billion, how will William Li explain to Yu Minhong? There's a saying online that the cause of a...

Top Private Funds’ Q3 U.S. Stock Moves: Jinglin Adds Microsoft, Wang Yawei Boosts Baidu

Recently, the third-quarter U.S. stock holdings of several top private equity funds, including Gao Yi Asset, Hillhouse Capital Group, Jinglin Asset, and TOP ACE...

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