Ant Group Denies Backdoor Listing Rumors, CEO to be Succeeded by Han XinyiRecently, online rumors circulated about Ant Group's impending backdoor listing, sparking widespread attention. In response, Ant Group issued an official statement on its Weibo account on December 19th, emphatically denying any current plans for an IPO, much less a backdoor listing...

The Collapse of Jietue Auto: Failure Despite Backing from Giants, and the Employees' PlightIn the early hours of December 13th, around 2 AM, Xia Yiping, CEO of Jietue Auto, remained trapped in a meeting room at the company's Shanghai headquarters. Hundreds of employees gathered outside, agitatedly demanding that Xia, along with major shareholders Baidu and Geely, provide solutions regarding the company's dissolution and employee compensation...

Nintendo's Mainland China Switch eShop to Shut Down: Official Closure on May 15, 2026, with "Feedback Plan" AnnouncedOn November 26, 2023, Nintendo officially announced the closure of the Nintendo eShop for the Mainland China version of the Nintendo Switch, with the service officially ceasing operations on May 15, 2026. This news has sparked considerable discussion among players, marking the end of online services for the region's Switch consoles...

Xuancheng's E-commerce Miracle: Deng Qi's Cross-Border Comeback and the Rise of an IndustryAgainst the backdrop of the surging global wave of e-commerce, China's online retail industry has illuminated the world stage with its remarkable achievements. The cross-border e-commerce sector, a vast ocean brimming with untold potential, has attracted countless adventurers seeking their fortune...

AUDI: How the German Luxury Brand is Making a Comeback in China's Electric Vehicle Market?In recent months, the proportion of new energy vehicles in China's passenger car sales has exceeded 50% for three consecutive months, marking a historic breakthrough over traditional fuel-powered vehicles. The "greatest change in a century" is happening in the Chinese automotive market...

America's "Space Race" Cry to China: A Backdrop of Arrogance and FrustrationOn October 30th, at 4:27 AM Beijing time, the Long March 2F Y19 carrier rocket, carrying the Shenzhou-19 spacecraft, successfully launched from the Jiuquan launch center. Ten minutes later, Shenzhou-19 entered its designated orbit, signifying the successful mission and marking another milestone in China's human spaceflight history...

Apple COO Visits Lens Technology: Automated Production Line Witnesses the Birth of iPhone Back Glass, Both Sides Deepen Cooperation to Promote Green ManufacturingOn October 23, reporters visited Lens Technology's manufacturing plant in Changsha, witnessing the entire process of a piece of glass becoming an iPhone back panel. From polished glass entering the production line to becoming a qualified back panel for the iPhone 16 series, the entire process is almost entirely automated, with the entire production line being fully automated...

The Ice Bucket Challenge Back: Cai Lei's Billion Dollar Gamble and the Song of LifeThe 1 billion yuan gamble was his answer to life as a husband, a father, and an entrepreneur. From the business world to medicine, from management to research, Cai Lei's transformation was destined to be fraught with thorns...

From "Sand Drives People Back" to "Green Advances, Sand Retreats": Ecological Governance Yields Results in Gonghe CountyThrough implementing a series of ecological governance projects, such as establishing windbreak forests and returning grazing land to grassland, Gonghe County, Hainan Tibetan Autonomous Prefecture, Qinghai Province, has significantly reduced the proportion of desertified land, achieving a fundamental shift from "sand driving people back" to "green advances, sand retreats." The photo shows the Tara Beach photovoltaic base in Gonghe County, where a 50-megawatt molten salt tower solar thermal power station is already in operation...

Foxconn: From Glory to Struggle, Terry Gou's "Overly Clever Backfires"Gou founded Foxconn in 1988, and with the help of China's opening up and reform, it grew rapidly. The construction of the Longhua Industrial Park became a turning point in Foxconn's development...

Gone with the Wind! Sanzhiyang Headquarters Sign Removed, Xiao Yangge's Comeback Attempt Reported: A Cautionary Tale for Live EcommerceThe name "Sanzhiyang" once represented the glory of live e-commerce. Its anchor "Crazy Xiao Yangge" attracted a huge fan base with his humorous and witty live streaming style...

"Robotaxi" Stealing Jobs? Shanghai Teenager Questions Robin Li, Why is Baidu Facing Backlash?A young boy in a red shirt, in a video, asks Robin Li, CEO of Baidu, "Why are you launching self-driving cars? Are you trying to take away people's jobs?" The video quickly went viral online sparking heated discussions about Baidu's "Robotaxi" technology. The boy's sharp question not only reflects public concerns about the social and ethical implications of AI advancement, but also reveals the significant controversy surrounding Baidu's self-driving endeavors...