Meituan has set up a new platform product department, and a new design department under the platform product department. This department will gather resources from various design departments such as in-store and home delivery within the company.
CATL's first skateboard chassis product based on lithium iron phosphate batteries is expected to start mass production in the second half of this year.
On February 29th, Alibaba Cloud announced that the prices of its core products have been comprehensively reduced, covering over 100 products and more than 500 product specifications.
Texas Instruments (TI) recently laid off a chip design team in Beijing. This Beijing team of TI is mainly responsible for the development of low-end power chips, with a team size of about 50 people.
The AI company Emotibot denies that "some business has been suspended," emphasizing that internal operations of the company are normal, and will strengthen core products to ensure competitiveness in the AIGC field.
In response to recent rumors on the internet about Cotti Coffee closing down, Cotti Coffee responded that since its opening in October 2022, a total of 61 stores have been closed.
Faced with the aggressive approach of Sora, Pika's founder Demi Guo responded, 'We feel that this is a very exciting news. We are already preparing to go head-to-head and directly compete with Sora.'
Temu has invested heavily to broadcast advertisements during the Super Bowl and provide millions of dollars' worth of giveaways, hoping to continue driving its sales growth in the US.