Why Mobile Payment Isn't Popular in Developed Countries: Zhou Xiaochuan's InsightIn China, mobile payment has become an indispensable part of daily life. From street vendors to large shopping malls, mobile scanning payment is ubiquitous, and cash payments have gradually faded from view...

Lenovo Neptune Liquid-Cooled Server Business Sees Strong Growth, Revenue Up 48% Year-on-YearLenovo Group has released its Q2 FY24/25 financial results for the period ending September 30, 2024. The data shows that Lenovo's Neptune liquid-cooled server business revenue surged by 48% year-on-year, becoming a key highlight of ISG (Infrastructure Solutions Group) growth...

Double 11: A Never-Ending Carnival: From Numbers to HeartsFrom a single day to a whole month, the Double 11 shopping spree has stretched longer and longer, to the point that on November 11th itself, many consumers' first reaction was: "Isn't Double 11 over yet?" Indeed, ubiquitous shopping app pop-ups, coupons and red envelopes covering all product categories, live streams filled with impassioned or soothing introductions, and the constant stream of bills and deliveries, have become the backdrop and white noise of the past month seemingly tireless, they've collectively constructed the "longest ever" Double 11. Even though specific GMV figures are no longer displayed, the platform still routinely publishes its performance report:Taobao, as of 24:00 on November 11th, saw 589 brands achieve over 100 million yuan in sales during the entire period, a 46...

Haier Smart Home Achieves 13 Consecutive Years of Double 11 Top Ranking: User-Centric Approach Creates a Quality LifeAs the clock struck midnight, the longest Double 11 event in history concluded. The government subsidies boosted the home appliance market during this Double 11, making the competition particularly fierce...

Domestic News Roundup: From Grain & Oil Trade to Deep Sea Exploration, Witnessing New Highlights of China's DevelopmentToday is Monday, November 11, 2024. Let's take a look at the latest domestic news and feel the new highlights of China's development...

Panasonic "Ups the Ante" in the Chinese Market, Leveraging Technological Innovation to Foster a Better LifeOn November 6, 2024, the 7th China International Import Expo (CIIE) was held in Shanghai as scheduled. As a "regular" participant in the CIIE, Panasonic hosted a strategic press conference the day after the expo's opening, themed "Panasonic Roots in Chinese Innovation, Contributing to a Better Life for Chinese Society," showcasing its new goals, products, and technologies in the Chinese market...

State Grid Corporation of China's Comprehensive Smart Energy Company Partners with Alibaba DAMO Academy to Empower Industrial and Commercial Energy Storage Efficiency with Minute-Level Intelligent Charging and Discharging StrategiesState Grid Corporation of China's Comprehensive Smart Energy Company (hereinafter referred to as "State Grid Comprehensive Energy"), leveraging the "Tianshu No. 1" Smart Energy Internet of Things platform and Alibaba DAMO Academy's optimization solver, has developed the country's first optimization solution subsystem for industrial and commercial energy storage...

Haier Smart Home Achieves Double 11 "Red Opening": Top 1 in Multiple Categories, Driven by Technology and ServiceThis year's Double 11 shopping festival started 10 days earlier, giving consumers ample time to select their desired products. Among numerous appliance brands, Haier Smart Home achieved remarkable results on the Tmall platform, leading in multiple categories and becoming the user's first choice, thanks to its robust product line, attentive service, and attractive benefits...

Hisense Refrigerators Lead the High-End Market, Empowering Green Development with Technological InnovationOn October 30, Hisense Home Appliances (SZ000921, HK00921) released its 2024 third-quarter report, showing that the company achieved revenue of 70.579 billion yuan in the first three quarters, a year-on-year increase of 8...

Xiaomi's Release Event: A Bombardment of New Products! 23 New Items Launched, Pangu OS 2 System Leads the Way to a New ExperienceRight at the start of the event, Xiaomi unveiled the highly anticipated Pangu OS 2 system. This system brings a whole new level of upgrades, including a smoother user experience, more intelligent features, and enhanced security protection...

AliExpress Double 11 Stockpiles Surge 300%, Partners with Cainiao to Upgrade Three Hub Warehouses for the Fastest Overseas Double 11 EverAhead of AliExpress's 2024 Double 11 shopping festival, cross-border merchant warehouse stockpiles have surged by 300%. To handle the anticipated surge in orders, AliExpress has teamed up with Cainiao to comprehensively upgrade three destination warehouses in North America, Europe, and Japan and Korea...

TCL Smart Lock: Leading the Industry with 3D Facial Recognition Technology, Driving the New Trend of Smart Home DevelopmentAs the Double Eleven shopping festival approaches, the smart lock market has once again become a focus of consumer attention. According to the latest hot-selling list of facial recognition smart locks on JD...