China's MCU Market: Price Wars, Involution, and the Path to High-End BreakthroughOnce upon a time, amidst the global chip shortage, the MCU market boomed, attracting a flood of capital and talent. However, the current landscape is drastically different...

Zhong Shanshan Slams Pinduoduo's Low-Price Strategy: Who's Paying for E-commerce Price Wars?Recently, Nongfu Spring chairman Zhong Shanshan, during an inspection trip to Ganzhou, Jiangxi province, sharply criticized the price wars prevalent in e-commerce platforms, particularly Pinduoduo's "hundreds of billions subsidy" strategy. He believes this low-price tactic is not only a case of "bad money driving out good," but also significantly harms Chinese brands and industries, reflecting deeper underlying issues in industrial development...

The Rise of Hebei E-commerce: Cost Advantage and Supply Chain Strength Behind Price WarsIn recent years, discussions about Hebei e-commerce have been heating up on short video platforms. Some praise its price advantage, boasting about sending out three trucks of goods a day, with one truck for brushing orders, one for delivery, and one for promotions...