ByteDance's 2024 Governance Report: Commitment and Practice in Safeguarding a Clear and Healthy Online SpaceIn 2024, the challenges posed by the information explosion era have become increasingly severe. The proliferation of misinformation, cyberbullying, online scams, and low-quality content has seriously disrupted online order and jeopardized users' physical and mental health and property safety...

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...

UBTECH's Core Management Team Rejects Share Reduction Rumors with Confirmation of Continued OwnershipOn January 13th, UBTECH issued a formal response to recent online rumors alleging that its core management team had sold shares after a lock-up period. The response clarified that the company's core executives, Zhou Jian, Xiong Youjun, and Wang Lin, have not sold a single directly held share since the company's listing...

Amazon's Prime Wardrobe Service to End on January 31, 2025Amazon recently announced the discontinuation of its highly-regarded Prime Wardrobe service, effective January 31, 2025. Launched in 2017, this service offered Prime members a convenient clothing shopping experience, allowing them to order multiple items online, try them on at home, and only pay for what they kept...

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...

Hisense's 60cm Built-in Refrigerator Series Awarded the "Green Leaf Label": A Perfect Blend of Green Design and Environmental PerformanceIn recent years, global climate change has become increasingly severe, with carbon reduction becoming a key focus for nations worldwide. Against this backdrop, green and environmentally friendly concepts have gained widespread acceptance, and green products are increasingly favored by consumers...

Tianwang Watches Partners with Alibaba's AI Digital Human, Lili, to Usher in a New Era of Metaverse Marketing for Domestic BrandsRecently, watch brand Tianwang Watches officially announced its first digital spokesperson Lili, an AI digital human independently developed by Alibaba Entertainment and released a Lunar New Year promotional video starring Lili. This marks Tianwang Watches' official entry into the metaverse marketing arena and its exploration of new paths for brand rejuvenation and broader appeal through collaboration with a domestically produced digital human...

Bilibili (B Station) VIP Membership Service Agreement Update: Effective January 16, 2025 Two Key Restrictions to NoteBilibili recently announced an update to its VIP membership service agreement, effective January 16, 2025. This update focuses on adjustments to usage restrictions for VIP members, adding three key clauses compared to the version released on May 24, 2024...

Postal Savings Bank's First HarmonyOS Ecological Bank Opens in Beijing: A Milestone in Digital Financial Innovation and Domestic Operating System IntegrationOn January 9, 2025, the China Postal Savings Bank Tongzhou District Yunhe Business District branch officially opened, marking the launch of Postal Savings Bank's first HarmonyOS ecological bank in Beijing. This not only represents a significant step forward for Postal Savings Bank in the field of digital financial innovation but also sets a new milestone for the application of the HarmonyOS ecosystem in the financial industry, signaling an acceleration of China's financial industry's digital transformation...

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...

Guochao (National Tide) Cultural and Creative Industry: The Rise of the Card Game Economy and the Global Expression of Chinese Cultural ConfidenceIn recent years, Guochao culture, particularly the "Guzi economy" (referring broadly to the cultural and creative derivative product economy), has demonstrated strong growth and significant influence in the development of China's cultural industry. According to iResearch data, the size of China's "Guzi economy" market reached 120...

Douyin Vice President Li Liang Explains Recommendation Algorithm: Breaking Information Bubbles and Protecting the Content EcosystemRecently, Douyin Group Vice President Li Liang engaged in an in-depth discussion with the media regarding the practices and considerations behind Douyin's recommendation algorithm, covering aspects such as algorithm value and governance. He pointed out that in the age of information explosion, recommendation algorithms are crucial for improving information acquisition efficiency and have become an indispensable part of people's daily lives...