Alibaba's Net Profit Plunges 96%: Is It A Fall From Grace or a Rebirth?In the first quarter of 2024, Alibaba Group's net profit plummeted by 96%, reaching only 919 million yuan. This news, like a bombshell, has sent shockwaves through the capital market and public opinion...

Walking with Hui: From "Anchor" to "Boss", Dong Yuhui and His Team Are Creating New BrillianceIntroductionRecently, the subtle relationship between the two camps, Oriental Selection and Walking with Hui, has become a hot topic among netizens. Yu Minhong's attempt to position anchors like Dong Yuhui as "achievements of Oriental Selection" sparked criticism and resentment from netizens, instead rallying the "Walking with Hui" team with stronger unity and independence...

The Rise of Domestic Chips: From Looking Up to Standing Side by Side, the Ascent of China's Chip IndustryIn the age of booming artificial intelligence, chips, as the bedrock of the technology industry, have become a focal point of global competition. Chip performance directly impacts the application and development of AI technology, and in this chip war, NVIDIA is undoubtedly the undisputed leader...

Leifeng Technology's Ye Hongxin: From Trash Cans to "Dyson Alternative," How Did He Make His Comeback?Introduction:During the 618 Shopping Festival in 2023, Leifeng Technology secured the top spot for three consecutive years in the high-speed hairdryer category, becoming a formidable competitor to Dyson. Ye Hongxin, the founder, an 80s-born entrepreneur from Lishui, Zhejiang, has, through his persistence, lowered the price of high-speed hairdryers from thousands of yuan to hundreds, bringing good products at affordable prices to a wider audience...

From Grassroots to Giant: Zhang Yiming's Entrepreneurial Legend and the Dream of Becoming the World's Richest ManIntroductionZhang Yiming, a name that has become synonymous with China's internet industry. This 80s generation entrepreneur, hailing from a rural area in Fujian, transformed a simple idea into a phenomenon through his keen insight and decisive actions, creating ByteDance, an internet giant valued at hundreds of billions of dollars...

Internet Empowerment and the Rise of New Employment Models: From "Mom Factories" to the "Light Entrepreneurship" WaveIn the era of the internet, the rapid development of the digital economy has profoundly impacted people's ways of production and life, injecting new vitality into the job market. The transition from traditional employment models to diversified and flexible "new employment" forms, internet platforms play a crucial role, providing continuous momentum for social and economic development...

Rational Reflections on Online Public Opinion: From Social Event Exposure to Truth EmergingIn recent years, the rapid development of internet technology has profoundly changed people's lifestyles and provided unprecedented convenience for the dissemination of social events. The influence of online public opinion is growing, and many social events have quickly garnered widespread attention and discussion after being exposed on the internet...

Xiaohongshu: From Valuation Decline to Profit Growth, How is the Commercialization Path Proceeding?Xiaohongshu, a social platform known for sharing lifestyles and creating buzz, has experienced a turbulent growth journey in recent years. From a valuation of $20 billion in 2021 to $14 billion by the end of 2023, the decline in valuation has sparked concerns about its future prospects...

WeChat Pay's New Changes: From Convenient Payment to Palm Scanning, How Will Payment Methods Evolve in the Future?Mobile payment has become an indispensable part of modern society. WeChat Pay, as a leading mobile payment platform in China, has been committed to enhancing user experience, constantly innovating and upgrading in recent years...

From Gree to Midea: The Shift in Appliance Hegemony and the Transformation of an EraOn May 28, 2023, Midea Group achieved an astounding record of exceeding 1 billion yuan in single-day revenue, causing a stir in the business world and marking the reshaping of the appliance industry landscape. Gree Electric Appliances, the former hegemon, after 24 years of glory, ultimately ceded its throne to the rising Midea...

From Internet Godfather to "Elephant Turn": The Rise and Fall of Jack Ma and AlibabaPrefaceJack Ma, a household name, led Alibaba to write a legend in China's internet history. From a small apartment in Hangzhou, to becoming a global e-commerce giant, Jack Ma's success story inspired a generation...

Joe Tsai: A Legendary Capital Player From the Nets to AlibabaIn today's business world, there is a figure who is both the former majority owner of the NBA's Brooklyn Nets and one of the key figures in Alibaba Group. He is Joe Tsai...