The relocation ceremony of Xiaomi robot company was held in Beijing Yizhuang, marking not only the expansion of the company's scale, but also reflecting Xiaomi's determination to deepen its efforts and innovate continuously in the field of robotics.
A spokesperson from Xiaomi stated, "Regarding recent rumors, we solemnly clarify the following: Xiaomi has never had any plans or actions to acquire or control Evergrande Auto."
As of the fiscal year ending March 31, 2024, Alibaba invested a total of approximately $800 million to acquire about 36% equity stake in Moonshot AI as a preferred stock investment.
"Facing such a trend, we saw that our peers significantly increased their efforts in the first quarter, and Pinduoduo welcomes healthy competition," Chen Lei said.
Baichuan AI CEO Wang Xiaochuan believes that the essence of this round of price cuts by major companies is that cloud providers are entering a new battlefield.
Chinese electronics recycling and trading major ATRenew on Monday extended its quarterly profit for the seventh straight quarter. Its first-quarter revenue grew up 27.1 percent to 3.65 billion yuan, meeting the top end of its guidance.
Currently only a small number of employees have been given the opportunity to choose international rotation. The previous rumor of 'packing up and going to America' was exaggerated and untrue.
Since last August, Huya Inc. has swiftly made strategic transformation to diversify business by exploring further into game-related services. The financial results of 2024 Q1 demonstrated encouraging progress.
Mobvoi officially went public on April 24th, becoming the 'first stock of AIGC', and may also become a pioneering force driving the large-scale model industry in China.
Xiaomi CEO Lei Jun called out to netizens: "If you are really in a hurry to buy a car, domestic NEVs are all good choices, such as LUXEED S7, NIO ET5, XPeng P7 series, etc. Everyone can also consider purchasing them!"
Ericsson confirmed layoffs in China, stating that the layoffs are aimed at aligning with the company's efforts to diversify its R&D footprint in order to better support its global sales.
JAC stated that the cooperation with NIO will continue to deepen, with a shift in focus from traditional OEM business to other strategic areas such as jointly building battery swapping service networks.