Pinduoduo Lowers Merchant Deposit Again, High-Quality Development Strategy Enters Acceleration PhaseFollowing the refund of service fees, Pinduoduo has again announced a reduction in merchant store deposits, further aiding merchants in improving efficiency and quality. On September 5th, a new merchant notice released by Pinduoduo revealed that the basic deposit for merchant stores will be reduced from 1000 yuan to 500 yuan...

Ant Group's Global Expansion Accelerates, Aiming for 20% Overseas Revenue ContributionAt the recent Bund Summit media briefing, Zhao Wenbiao, CEO of Ant Group, revealed that the company saw a 35% increase in customer numbers over the past year, with several of its products achieving top market share in their respective categories. He emphasized that international expansion is a key strategic focus for Ant Group, aiming for overseas operations to contribute 20% of total revenue and become a significant growth driver...

1688 Upgrades Buyer Protection Service: Free Return Shipping, Instant Refunds, and Platform Compensation1688 recently released an announcement regarding the upgrade of its buyer protection service, stating that starting from September 12th, services such as free return shipping, instant refunds, and compensation for disputed orders will be fully implemented for all orders on the platform. This upgrade represents a comprehensive enhancement to the existing "Peace of Mind Purchase" service, aiming to address longstanding buyer experience issues on the platform and actively reduce burdens while increasing revenue for merchants...

DingTalk Launches "Super AI Assistant" to Power Up Enterprise Office IntelligenceOn September 3rd, DingTalk announced the launch of a series of "Super AI Assistants" aimed at providing a more intelligent office experience for enterprise users. These AI assistants not only possess powerful automation capabilities but also integrate advanced natural language processing technology, enabling them to assist daily work in various application scenarios and significantly improve team collaboration efficiency...

The Smartphone Giants Battle in the First Half of 2024: Apple, Samsung, and Huawei Vie for DominanceAs smartphones become increasingly ubiquitous, competition in the mobile phone market intensifies. Apple, Samsung, and Huawei, the global leaders in the smartphone industry, have achieved varying degrees of success in the first half of 2024...

China's C919 Passenger Plane: Catching Up to Giants, the Long Road to Domestic Aircraft DevelopmentAirbus: Facing Crisis, Rising Against the TideIn the first half of this year, Airbus delivered 323 commercial aircraft, an increase of 7 year-on-year, a remarkable achievement.However, compared to the huge order volume, the production speed of C919 is relatively slow...

C919 Second Final Assembly Plant in Shanghai: Lingang New Area Embraces Ambitious Goals for Domestic Large AircraftThe C919, a domestically developed large aircraft, has been leading the development of China's aviation industry in recent years. The final location of its second assembly plant has become a focal point of public attention...

Ant Group's Ant Financial Completes First Domestic RWA Based on New Energy Physical Assets in Hong Kong, Powering Ensemble Sandbox ProjectOn August 28, the Hong Kong Monetary Authority (HKMA) announced the first-phase progress of its Ensemble (Sandbox) project. Among them, the first domestic RWA based on new energy physical assets, completed by Ant Financial and Langxin Technology in Hong Kong, was officially announced...

DJI's "Disruptive" Entry into the Camera Market: Will the Drone Giant's Full-Frame Mirrorless Camera Spark a Price Revolution?DJI, the undisputed king of the drone world, has just thrown down the gauntlet: they're entering the camera market with their very own full-frame mirrorless camera! The news has sent shockwaves through the camera industry. DJI is known for its dominance in the drone space, with products that have become industry standards for aerial photography and filmmaking...

"Red Rice" in Shanghai of the Republic of China: Li Yuesheng and His Enchanting Encounter with Black Tech Although technology in Shanghai during the Republic of China era wasn't as rapidly evolving as it is today, people's pursuit of novelty never ceased. In this bustling metropolis, a young man named Li Yuesheng, brimming with curiosity and passion for new technologies, found himself entangled in a fantastical journey stemming from a mysterious device named "Red Rice...

Deliveries of China's C919 Narrow-Body Jet Accelerate, Three Airlines Receive Aircraft, Production Capacity Significantly EnhancedAccording to a report by the South China Morning Post on August 27, China's domestically produced C919 aircraft is set to achieve a production milestone as its manufacturer, Commercial Aircraft Corporation of China (COMAC), will deliver the narrow-body jet to three airlines on August 28. This marks a crucial moment in the delivery history of the C919, signifying a breakthrough in China's civil aviation industry in the realm of domestically produced aircraft and indicating a significant enhancement in COMAC's production capacity...

Apple in China: Behind the Double Standard "Apple Tax" Lies a Game of Monopoly and AntitrustSince the iPhone 4s opened up the market for Apple, "Apple phones" have become the top choice for young people buying phones. Especially in China, more than 5 out of 10 young people choose Apple, yet, facing such a massive market, Apple doesn't cherish it, instead, they start to "act up"...