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...

China's 2025 Railway Spring Festival Travel Rush: 510 Million Passengers Expected, National Railway Group Enhances Service GuaranteesThe 2025 railway Spring Festival travel rush (Chunyun) will officially begin on January 14th and conclude on February 22nd, lasting 40 days. According to China State Railway Group Co...

Ruichang Pictures Acquires 30% Stake in QQ XUANWU Game Operator for RMB 825 MillionOn January 13, 2025, Ruichang Pictures (00136.HK) announced in a press release that it had signed a share transfer agreement with a subsidiary of Tencent Holdings to acquire a 30% stake in Beijing Yonghang Technology Co...

Amap Launches AI-Powered Traffic Light Navigation Function to Enhance Driving Efficiency and ExperienceAmap recently announced the launch of its new AI-powered traffic light navigation function. This function represents a significant upgrade from the existing traffic light countdown announcement, transitioning from a static countdown to real-time dynamic guidance for passing through intersections...

Tencent Games Unveils Enhanced Anti-Addiction Measures for Minors During the 2025 Winter HolidayAs the 2025 winter holiday approaches, Tencent Games has released a schedule outlining playtime restrictions for minors during the holiday season and Chinese New Year. In accordance with regulations and holiday dates, minors will only be permitted to log into games from January 13th to February 13th, between 8 PM and 9 PM each day, totaling 15 hours over 32 days...

Detailed Explanation of the 2025 Enhanced and Expanded Large-Scale Equipment Upgrade and Consumer Goods Trade-in PolicyOn January 9th, the National Development and Reform Commission (NDRC) and the Ministry of Finance jointly issued a notice regarding the enhanced and expanded implementation of a large-scale equipment upgrade and consumer goods trade-in policy in 2025. The aim is to further increase support for equipment upgrade projects in key areas, promote consumption upgrades, and facilitate green and low-carbon development...

Douyin E-commerce's 2025 Heavyweight Support Plan: Nine Measures to Help Merchants Reduce Costs and Increase EfficiencyAt the beginning of 2025, Douyin E-commerce launched its most substantial merchant support plan to date, announcing nine support measures aimed at reducing merchant operating costs, improving service experience, and fostering a healthier, more vibrant e-commerce ecosystem. These nine measures encompass cost-reduction initiatives such as commission waivers, refunds of returned order promotion fees, reduced shipping insurance costs, and lower deposits...

NetEase Cloud Music's 2024 Annual Music Report Launches: Innovative Features Like Couple's Reports and Artist Handwritten Letters Create a More Detailed Musical Journey RetrospectiveOn December 27th, NetEase Cloud Music officially launched its 2024 Annual Music Report. Themed "Life is a Wilderness, So is Music," the report retains the characteristics of previous years while incorporating numerous innovative elements to provide users with a more interactive and in-depth musical journey retrospective...

Shanghai Port Achieves Record-Breaking 50 Million TEU Container Throughput in 2024On December 23, 2024, Shanghai Port completed the handling of its 50 millionth twenty-foot equivalent unit (TEU), setting a new global record for container throughput and securing its likely 15th consecutive year as the world's busiest container port. This remarkable achievement is a testament to the port's continuous reform, operational optimization, strengthened collaborations, and proactive adaptation to global shipping trends...

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...

AODMap's Wheelchair Navigation Receives Major Upgrade: Now Covers 60 Cities, Enhancing AccessibilityAODMap recently released a user guide for its wheelchair navigation feature, signifying a significant upgrade to its accessibility services. Since its launch in 2022, AODMap's wheelchair navigation has expanded to cover 60 cities nationwide, offering wheelchair users more convenient and safer travel options...

Cainiao International Express Launches Select Standard Product Express Line to Boost Cross-border Merchants' Peak Season GrowthOn December 13th, Cainiao International Express announced the launch of its Select Standard Product Express Line, aiming to help cross-border merchants seize the year-end peak season opportunities and achieve sales growth. This move is a positive response to the peak season demands of cross-border e-commerce merchants...