Musi Holdings is going overseas! Acquired the Singapore 'peer' for 0.25 billion yuan.
① Mousse Corporation plans to acquire the Singapore company MIPL and its Indonesian factory PTTC for 0.248 billion yuan, aiming to complete the Trade by September 2025 to expand into the Southeast Asian market and increase its overseas market share. ② The overseas Business revenue of Mousse Corporation grew by 49.26% year-on-year in the first half of 2024, with cross-border e-commerce revenue exceeding 26.6 million yuan.
Alibaba lost 9.3 billion and sold 100% of its shares in Intime, while Youngor Group made another successful investment.
① Alibaba will sell 100% equity of Intime Department Store to a buyer consortium composed of Youngor Group and Intime management team members. ② This year, Youngor Group has strengthened its investment in physical businesses, opening 13 new fashion experience stores offline. ③ Alibaba entered Intime in 2014 and gradually became the largest shareholder; as New Retail progressed to a decline, Alibaba ultimately let go of Intime.
7.4 billion! Alibaba "shakes off" the burden, Youngor Group officially takes over Silver Intime Department Store.
① Analysts have pointed out that although Youngor Group's acquisition helps its expansion in the Retail Trade market, the department store industry is in a state of continuous contraction. ② Alibaba's acquisitions of Intime and RT-Mart and other physical retail companies aimed to promote brand presence on Tmall, accelerate the digital transformation of the Retail Trade, and explore the application of instant retail innovation models in physical retail.
[Data Observation] Institutions have sold off qingdao kutesmart co.,ltd. for two consecutive days, while retail investors and algo are fiercely competing for grinm advanced materials.
① AI asia vets concept stock qingdao kutesmart co.,ltd. experienced a sell-off of 0.106 billion by institutions, with over 90 million sold by institutions yesterday. ② Solid state battery concept stock grinm advanced materials was sold by two top-tier speculative funds totaling over 0.2 billion, while algo seat gtja headquarters brokerage bought 0.261 billion and simultaneously sold 0.19 billion.
The Huawei master-level AI agent on Kaggle has emerged, and domestic AI applications are expected to continue flourishing.
① According to Kaggle's promotion system, the end-to-end autonomous data science asia vets (agent) - Agent K v1.0, jointly launched by Huawei Noah's Ark Lab and University College London team, has already obtained 6 gold medals, 3 silver medals, and 7 copper medals. ② Open-source Securities stated that the domestic AI Agent has made positive progress, and AI applications are expected to thrive.
How Is The Market Feeling About Whirlpool?