Lightshine Media's Stock Plummets: A 10 billion RMB Trading Volume Reveals the Media Giant's Operational Status and Future ChallengesOn the morning of February 17th, Lightshine Media's stock price experienced a significant drop, exceeding 6% and reaching a trading volume of over 10 billion RMB. This event quickly garnered widespread attention, trending on major social media platforms...

WeChat's 2025 Spring Festival Data Report: A Billion+ Custom Red Packet Covers, Rich Online Festive AtmosphereOn February 5th, the WeChat team released their 2025 Spring Festival data report, "Cyber Festive Flavor in WeChat." Based on data collected from Chinese New Year's Eve to the fifth day of the festival, the report vividly portrays an online scene brimming with festive cheer...

OpenAI's Public Benefit Corporation (PBC) Valued at $30 Billion, Microsoft's $10 Billion Investment Stake Remains UndeterminedRecent reports regarding OpenAI and the valuation of its newly formed Public Benefit Corporation (PBC) have garnered significant attention. Sources reveal an initial valuation of OpenAI's PBC at a staggering $30 billion...

OpenAI, in partnership with SoftBank and other tech giants, launches "Stargate" initiative: $500 billion investment in AI infrastructureRecently, tech giant OpenAI, along with SoftBank and other companies, jointly announced a massive initiative called "Stargate," aiming to invest $500 billion in building a new AI infrastructure. Officially unveiled on January 22nd, the news quickly sparked widespread attention and discussion within the industry...

ByteDance Denies $120 Billion AI Investment Rumor, but Continued Investment Remains UndisputedA recent report in the Financial Times claimed that ByteDance plans to invest over $120 billion (approximately 873.4 billion RMB) in artificial intelligence...

Taobao and Tmall's 2025 Twelve Initiatives for Merchant Empowerment: A 10 Billion RMB Investment to Support High-Quality DevelopmentIn 2025, Taobao and Tmall will launch twelve significant initiatives aimed at reducing merchant costs, boosting sales, and comprehensively improving the business environment for merchants. These initiatives focus on optimizing platform rules, strengthening merchant support policies, and deepening the integrity system...

The Booming Chinese Pet Market During Spring Festival: Pet "New Year's Eve Dinners" and "Lucky Money Treats" Drive a Market Exceeding 300 Billion YuanIn contemporary society, pets have become indispensable members of countless families, and the rise of the pet economy has spearheaded a new wave of consumer trends. Especially during the upcoming Spring Festival, the festive consumption craze has swept through the pet world, with products and services like pet "New Year's Eve dinners," "lucky money treats," and "photo shoots" gaining popularity...

China's Antitrust Probe of Nvidia: A $5 Billion Fine and a Global Chip WarChina's antitrust investigation into American chip giant Nvidia, with a potential fine of up to $5 billion, has drawn global attention. The move immediately wiped 640 billion RMB off Nvidia's market capitalization, causing it to be overtaken by Apple and losing its position as the world's most valuable company...

Nvidia's Market Cap Evaporates $620 Billion Amidst Intensifying US-China Tech RivalryNvidia's rapid decline raises several questions. The company has achieved a dominant global market position in recent years due to its cutting-edge technology in artificial intelligence, deep learning, and high-performance computing...

Nvidia's $9 Billion Market Cap Wipeout in China: Unpacking the Truth and Future TrajectoryGlobal graphics processing unit (GPU) giant Nvidia recently suffered a significant blow, with its stock price plummeting 3% overnight, resulting in a RMB 640 billion (approximately USD 9 billion) evaporation of its market capitalization. The catalyst for this dramatic fall was an investigation launched by the Chinese government, sparking widespread concern within the global tech community and sending ripples through the semiconductor industry...

Hefei Guoxian Invests 55 Billion Yuan in World's First FMM-less AMOLED Production Line, Leading China's Display Industry to Global LeadershipOn September 25th, Hefei Guoxian Optoelectronics Technology Co., Ltd...

Nvidia's $640 Billion Market Cap Evaporation: China's Market Is No Longer a "Cash Cow"Nvidia's seemingly nonchalant response "We are happy to answer any questions from the regulators" failed to anticipate the ensuing storm. A single investigation announcement wiped $640 billion off the global chip giant's market capitalization, which exceeded a trillion dollars, and exposed it to a potential $5 billion fine...