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...

China's New Energy Vehicle (NEV) Market Soars in 2024: Domestic Brands Lead the Charge, Sales Exceed 10 MillionChina's NEV market demonstrated robust growth in 2024, with data indicating a consistently positive trend. According to Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA), retail sales of new energy passenger vehicles reached 1...

Douyin E-commerce Releases 2024 Industrial Cluster Development Report: 170 Million Products Sold, Live Streaming Drives GrowthOn December 31, 2024, Douyin E-commerce released the "Made in China from the Livestream: 2024 Douyin E-commerce Industrial Cluster Development Report," comprehensively showcasing the booming development of the national industrial cluster regions' real economy and small and medium-sized businesses on the Douyin e-commerce platform in 2024. The report reveals that 170 million products from industrial clusters across China sold 15...

Bilibili's 2025 Industry White Paper: Daily Active Users Exceed 100 Million, Gen Z Tech Users Become the Main Force...

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...

Italy's Data Protection Authority Fines OpenAI 15 Million for ChatGPT's GDPR ViolationsOn December 20th, the Italian Data Protection Authority (Garante) announced a 15 million (approximately $15.58 million USD) fine against OpenAI, the artificial intelligence company behind the generative AI application ChatGPT...

Chengdu Airport International Express Center Surpasses 100 Million Cross-border E-commerce Shipments on Double 12, Achieving "Global 5-Day Delivery"On December 12th, during the Double 12 shopping spree, Chengdu Airport International Express Center experienced a surge in business volume. Cross-border e-commerce export orders exceeded 100 million for the first time, setting a new historical record...

Tesla's Q2 2024 Earnings Report: $622 Million in Restructuring Charges Spark ConcernTesla released its second-quarter 2024 earnings report on July 25th on its investor relations website. A significant $622 million restructuring charge, largely attributed to employee severance payments, dominated the report and drew substantial attention...

Toutiao's H1 2024 Copyright Infringement Governance Results: Millions of Reports Processed, Over 70% Efficiency Rate, Building a Clear and Civilized Online SpaceToutiao platform recently released its network copyright infringement governance results for January to June 2024. Data shows the platform received over 100,000 reports of network copyright infringement, with a handling and resolution rate exceeding 71...

Dong Yuhui's new company, "Changge Youhe," officially established with a registered capital of RMB 1 millionOn December 10, 2024, Tianyancha APP showed that the newly established technology company "Changge Youhe (Beijing) Technology Partnership (Limited Partnership)," founded by renowned livestreaming host Dong Yuhui, was officially registered on December 6th. This new company has quickly attracted widespread attention from industry insiders and the public, with its shareholder structure, registered capital, and business scope becoming hot discussion points...

Haier Direct Drive Washing Machines Achieve 40 Million Unit Sales Milestone, Maintaining Unwavering Quality and Industry Leadership for a DecadeThe home appliance market has seen a surge in consumer demand this year, fueled by government-sponsored trade-in and subsidy programs. Consumers are increasingly prioritizing high quality and performance when purchasing washing machines...