After Alibaba reported strong quarterly financial performance, several institutions, including Goldman Sachs and JPMorgan, have raised the valuation of Alibaba Cloud to over $100 billion, with Goldman Sachs valuing it at $123.8 billion, equ
On September 8, 2020, Nongfu Spring (09633.HK) officially debuted on the Hong Kong Stock Exchange. It opened at HKD 38.3, a 78.14% increase, with a total market capitalization of HKD 445.29 billion.Nongfu Spring's Financial LeapFollowing th
The China Enterprise Federation and the China Entrepreneur Association have released the "2020 Top 500 Chinese Enterprises" list. In the previous article, we analyzed the use of domain names by the top ten companies in terms of revenue. In
When we talk about today's internet giants, names like Tencent, Alibaba, Baidu, and ByteDance often come to mind. Among them, Tencent and Alibaba are frequently compared. While both of these giants have achieved remarkable success, there ar
According to foreign media reports on the 5th, the Modi government may propose a resolution to change the name of India to "Bharat" during a special parliamentary session scheduled for September 18th to 22nd.
Tencent Weibo Officially Announces ShutdownOn September 4th, Tencent Weibo released an official statement stating that it would cease its services and operations at 11:59 PM on September 29, 2020, making it impossible to log in."Your voice,
With the rise of e-commerce and the logistics industry and the changing consumer habits, more and more people are no longer fixated on buying brand new products but are opting for more budget-friendly second-hand items. Against this backdro
Bilibili's Q2 financial report reveals a net loss of ¥570 million in this quarter, with a net loss rate of 21.6%, showing a slight improvement compared to the previous quarter. However, the question of when Bilibili will become profitable r
When it comes to e-commerce, everyone is familiar with it. With the proliferation of e-commerce platforms such as Taobao, JD.com, and Pinduoduo, the domestic e-commerce sector has been achieving year-over-year growth. Last year, the scale o
In a society with rapidly growing economies, the momentum of various companies is also increasing rapidly. Many companies have a profound impact on the world, and they are also reaping huge wealth. For example, Apple Inc. has surpassed the