Xiaohongshu's IPO Plans: Rumors of State-Owned Enterprise Investment False, but Valuation Could Reach $20 USD Billion
Xiaohongshu's IPO Plans: Rumors of State-Owned Enterprise Investment False, but Valuation Could Reach $20 USD BillionRecent reports have fueled speculation surrounding Xiaohongshu's Initial Public Offering (IPO). Foreign media outlets reported that to facilitate a smooth listing, Xiaohongshu might bring in state-owned enterprise (SOE) investors, with investors reportedly in talks to sell shares at a valuation of at least $20 billion USD...
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Ulike Launches Three New Hair Removal Devices, Ushering in a New Era of Home Hair Removal
Ulike Launches Three New Hair Removal Devices, Ushering in a New Era of Home Hair RemovalRecently, Ulike, a leading optical skincare brand, held a grand new product launch event, unveiling three innovative hair removal devices: the Ulike Pro10, designed for users seeking the ultimate hair removal experience; the Ulike ME, targeting young college students; and the Ulike Air4, catering to the needs of busy white-collar professionals. The launch showcased Ulike's 12 years of expertise in optical hair removal and introduced its revolutionary SHR Super Hair Removal 2...
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OPPO Find N5: Ushering in the 8mm Era for Foldable Smartphones A Milestone Breakthrough in Chinese Precision Manufacturing
OPPO Find N5: Ushering in the 8mm Era for Foldable Smartphones A Milestone Breakthrough in Chinese Precision ManufacturingWith a groundbreaking body thickness of just 8.93mm, the OPPO Find N5 shatters industry records, leading foldable flagship smartphones into the 8mm era...
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Trump's Elimination of the $800 De Minimis Import Threshold: Shockwaves for Cross-Border E-commerce
Trump's Elimination of the $800 De Minimis Import Threshold: Shockwaves for Cross-Border E-commerceThe Trump administrations imposition of new tariffs on goods from China, Canada, and Mexico has generated global concern, extending far beyond the simple increase in duties. Central to this policy is the elimination of the long-standing exemption from import taxes for packages valued under $800, a change that has delivered a significant shock to the cross-border e-commerce industry, particularly Chinese businesses...
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Amazon to Close All French-Speaking Quebec Warehouses, Laying Off Nearly 2,000 Employees
Amazon to Close All French-Speaking Quebec Warehouses, Laying Off Nearly 2,000 EmployeesE-commerce giant Amazon announced a significant restructuring on January 23rd, revealing plans to shutter all its warehouse facilities in French-speaking Quebec, Canada. This decision is expected to result in the loss of approximately 1,700 full-time jobs and an additional 250 temporary positions, totaling nearly 2,000 job cuts...
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China Railway Group Limited (CRGL) officially debunks "speed-up" ticket booking software: Not a shortcut, but a pathway to risk
China Railway Group Limited (CRGL) officially debunks "speed-up" ticket booking software: Not a shortcut, but a pathway to riskIn response to numerous passenger complaints regarding 12306 ticket purchasing and the use of "speed-up" ticket booking software, China Railway Group Limited (CRGL) issued a statement on January 22nd via its official WeChat account. The statement clearly indicates that the 12306 platform has never cooperated with any third-party "speed-up" software and details the functionality and potential risks associated with such software...
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Poland: An Emerging Market for Chinese Cross-border E-commerce, Cainiao Overseas Warehouses Fuel Explosive Growth
Poland: An Emerging Market for Chinese Cross-border E-commerce, Cainiao Overseas Warehouses Fuel Explosive GrowthLocated in the heart of Europe, Poland is rapidly becoming a key foothold for Chinese cross-border e-commerce sellers entering the European market. Driven by a booming e-commerce market and growing consumer demand for Chinese goods, the Polish e-commerce sector is experiencing explosive growth, attracting numerous Chinese merchants...
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The 2024 Micro-Short Series Industry Ecological Insight Report: 647,000 Job Opportunities, Rise of Diversified Business Models, and High-Quality Content as the Future Trend
The 2024 Micro-Short Series Industry Ecological Insight Report: 647,000 Job Opportunities, Rise of Diversified Business Models, and High-Quality Content as the Future TrendOn January 16, 2024, the "2024 Micro-Short Series Industry Ecological Insight Report" (hereinafter referred to as the "Report") was officially released. Produced by the China Network Audio-Visual Association, and supported by Beijing Jiaotong University, Douyin, Hongguo Short Drama, DataEye, and other institutions, the report provides an in-depth analysis of the trends and characteristics of the micro-short series industry over the past year, including high-quality creation, diversified business models, and the empowerment of various industries through "Micro-short series +"...
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Global PC Market Shows Moderate Recovery in 2024: High AIPC Prices a Bottleneck, Huge Growth Potential in 2025
Global PC Market Shows Moderate Recovery in 2024: High AIPC Prices a Bottleneck, Huge Growth Potential in 2025According to Gartner's latest report, the global PC market experienced a moderate recovery in 2024. PC shipments reached 245...
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Bosch's Smart Cockpit Platform Surpasses 2 Million Units Shipped, Showcasing Strength in Intelligent Driving Technology
Bosch's Smart Cockpit Platform Surpasses 2 Million Units Shipped, Showcasing Strength in Intelligent Driving TechnologyBosch Smart Driving recently announced that its smart cockpit platform officially surpassed 2 million units shipped by the end of December 2024. This milestone achievement marks significant success for Bosch in the smart cockpit sector and further solidifies its leading position in the automotive intelligence field...
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YY Guangzhou Awarded "2024 Network Information Security Support Unit" for Outstanding Contributions
YY Guangzhou Awarded "2024 Network Information Security Support Unit" for Outstanding ContributionsOn January 16th, the Guangzhou Municipal Public Security Bureau's Cyber Security Bureau awarded YY the prestigious title of "2024 Network Information Security Support Unit," recognizing its significant achievements in network information security management and combating cybercrime. Captain Chen Hefu from the Guangzhou Municipal Public Security Bureau's Cyber Security Bureau personally presented the award plaque to YY CEO Li Le at YY's headquarters that afternoon...
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ByteDance Scholarship 2024: Fifteen Outstanding Doctoral Students Awarded RMB 100,000 Each to Advance Frontier Technology Exploration
ByteDance Scholarship 2024: Fifteen Outstanding Doctoral Students Awarded RMB 100,000 Each to Advance Frontier Technology ExplorationOn January 14th, ByteDance announced the results of its fourth annual ByteDance Scholarship on its official WeChat account. Fifteen outstanding doctoral students from eight universities Peking University, Beijing University of Posts and Telecommunications, Tsinghua University, The University of Hong Kong, City University of Hong Kong, Singapore Management University, National University of Singapore, and Zhejiang University (listed in alphabetical order by Pinyin) were awarded RMB 100,000 each...
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