Registered capital surged by 1075%, Alibaba bets on the Metaverse again.

① The company's name has undergone a business change, with the registered capital increased from 10 million RMB to approximately 0.118 billion RMB, a growth of 1075%, with the investor being Hangzhou Alibaba Venture Capital Co., Ltd. ② Alibaba, with its e-commerce background, inherently possesses the genes for Metaverse applications.

cls.cnJan 6 08:50 ET

Express News | FTSE China A50 Index Futures Surge Over 1%; Pinduoduo Nearly 5% Premarket

Moomoo 24/7Jan 6 06:48 ET

Alibaba has provided a governance path for AI.

AI governance has been put on the agenda.

wallstreetcnDec 30, 2024 06:29 ET

Research and development investments are close to the combined sum of BAT! Does ByteDance want to become China's OpenAI?

Zheshang stated that ByteDance has made huge investments in AI, with capital expenditures reaching 80 billion yuan in 2024, approaching the total of Baidu, Alibaba, and Tencent (about 100 billion yuan). Research and development investments significantly lead their peers; analogously, just as Microsoft is strongly investing in OpenAI, ByteDance in China may be comparable to OpenAI in the USA.

wallstreetcnDec 25, 2024 20:36 ET

Breaking through 41 billion! The annual box office is still racing. Next year's Spring Festival lineup is "a big hit" | Year-end summary.

① The 2024 film market has entered the final sprint phase, and as this year's last major release period, the box office for the New Year's season has surpassed 2.1 billion yuan. The total box office for China Film Co., Ltd. in 2024 has reached 41.696 billion yuan; ② With the recovery of production capacity and the scheduling of blockbusters, the industry generally has a good expectation for the 2025 Spring Festival release period, with several listed film companies presenting "big hits" to compete in next year's Spring Festival.

cls.cnDec 24, 2024 05:25 ET

The new leader of Ant Group has fired the first shot.

Major transformation.

wallstreetcnDec 24, 2024 03:59 ET