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Yearly Archives: 2023

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...

Xiaomi’s Entry into Electric Vehicle Manufacturing Raises Questions About Production Qualification from BAIC

Xiaomi's acquisition of the "provisional production license" has attracted widespread attention. On November 15, the Ministry of Industry and Information Technology issued the "Announcement of...

Xiaomi Cars Unveils Major Developments! Photos, Body Specifications Revealed – Xiaomi Likely to Commence Self-Production

On the afternoon of November 15th, the term "Xiaomi Cars" surged to the top of Weibo's trending topics. On the same day, in the "Announcement...

Untold Story Behind 94-Year-Old Matriarch Kuang Xiaoqing, China’s Wealthiest Woman

Today, on November 14th, Hurun Research Institute released the "2023 Red Beauty Summit · Hurun Women Entrepreneurs List." Benefiting from the rise in the...

Meiji Milk Faces Challenges in China Following ‘Veterinary Drug’ Controversy

The century-old Japanese dairy enterprise, Meiji Milk, has been found with traces of veterinary drugs, and the repercussions of this incident continue to escalate....

Shiseido’s Pricing Plunge and Korean Beauty Brands’ Struggles: Navigating the Shifting Landscape of the Chinese Beauty Market

On November 13th, the topic of "Shiseido's significant price drop for Hada Senka" trended on Chinese social media. According to Beijing Business Daily, consumers...

Double 11, 2023 China: Unveiling the Dynamics Behind the E-commerce Chill Despite Rising Transaction Volumes

The annual Double 11 shopping festival has come to an end. According to data from various sources, the peak search volume for this year's...

Yu Chengdong Addresses AITO Wenjie M5 Collision Incident: Rear Emergency Braking Failure Blamed on Misoperation

On November 13th, this afternoon, a collision involving the AITO Wenjie M5 Intelligent Driving Edition and a BYD Dolphin sparked widespread attention. Yu Chengdong,...

The China Project’s Closure: Can Vast Pacific Accommodate China and U.S. but Not Neutral Media?

A deep dive into Chinese news by the ostensibly neutral American media platform "The China Project" (formerly known as SupChina) announced its imminent closure...

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