Chris Liu
The Latest
-
JD.com Discloses Further Details on Major Salary Increase Amidst Performance Incentives
Following its late-night announcement of a significant salary increase on December 27, JD.com today disclosed further details of its specific compensation adjustment plan. 
Following its late-night announcement of a significant salary increase on December 27, JD.com today disclosed further details of its specific compensation adjustment plan. -
Xiaohongshu Nears IPO as E-commerce Progress Sparks Profit Surge: Report
As one of the unicorns in China's internet industry, Xiaohongshu has been around for ten years and has gone through six rounds of financing. Now, it's reportedly a step away from going public. 
As one of the unicorns in China's internet industry, Xiaohongshu has been around for ten years and has gone through six rounds of financing. Now, it's reportedly a step away from going public. -
Xiaomi Unveils SU7 in Bold Entry into Electric Vehicle Market
Xiaomi held its first car launch event. While technology was the focus of the event, Lei Jun, the company's founder, still took the opportunity to introduce the first car model, the SU7. 
Xiaomi held its first car launch event. While technology was the focus of the event, Lei Jun, the company's founder, still took the opportunity to introduce the first car model, the SU7. -
Apple Gains Ground in Patent Dispute: Appeals Court Pauses Watch Ban
Apple has secured a temporary victory as the U.S. Court of Appeals for the Federal Circuit agreed to pause an import ban imposed by the U.S. International Trade Commission (ITC) on certain models of its popular Apple Watches. 
Apple has secured a temporary victory as the U.S. Court of Appeals for the Federal Circuit agreed to pause an import ban imposed by the U.S. International Trade Commission (ITC) on certain models of its popular Apple Watches. -
JD.com Joins the Ranks Supporting 'Refund Without Return' Policy
Following closely behind Taobao, JD.com has also introduced a "refund without return" post-sale policy. 
Following closely behind Taobao, JD.com has also introduced a "refund without return" post-sale policy. -
Zara Founder's Wealth Soars in 2023, Doubling to Nearly $100 Billion
According to the Forbes list of billionaires with the most significant wealth growth in 2023, Ortega ranked sixth, with his net worth jumping from $64.2 billion at the beginning of the year to $97.4 billion by December 15, approximately 767.1 billion yuan. 
According to the Forbes list of billionaires with the most significant wealth growth in 2023, Ortega ranked sixth, with his net worth jumping from $64.2 billion at the beginning of the year to $97.4 billion by December 15, approximately 767.1 billion yuan. -
Taobao Adopts 'Refund Only' Policy, Echoing Pinduoduo's Approach Amid E-commerce Shifts
On December 26, Taobao announced updates to its "Taobao Platform Dispute Resolution Rules," introducing a policy that allows for swift refunds or returns based on multi-dimensional data analysis. This move is interpreted as following in the footsteps of Pinduoduo, a competitor known for its 'refund only' policy. 
On December 26, Taobao announced updates to its "Taobao Platform Dispute Resolution Rules," introducing a policy that allows for swift refunds or returns based on multi-dimensional data analysis. This move is interpreted as following in the footsteps of Pinduoduo, a competitor known for its 'refund only' policy. -
Vivo India Executives Detained, Company Vows Legal Action Amidst Continued Harassment
On December 23, multiple media outlets reported that the Enforcement Directorate (ED) of India had recently detained several executives of Vivo India, including the interim CEO and CFO, as part of an anti-money laundering investigation. 
On December 23, multiple media outlets reported that the Enforcement Directorate (ED) of India had recently detained several executives of Vivo India, including the interim CEO and CFO, as part of an anti-money laundering investigation. -
Elon Musk's Hyperloop One Faces Closure Amid Bursting 'Super High-Speed Rail' Dream
According to sources cited by Bloomberg, Hyperloop One, a company once at the forefront of high-speed transportation technology, is facing imminent closure. The company has reportedly laid off most of its staff and is attempting to sell its remaining assets, including test tracks and machinery. 
According to sources cited by Bloomberg, Hyperloop One, a company once at the forefront of high-speed transportation technology, is facing imminent closure. The company has reportedly laid off most of its staff and is attempting to sell its remaining assets, including test tracks and machinery. -
Xiaohongshu Poised for $500 Million Profit Surge Amid E-commerce Boom
Xiaohongshu, a popular social media and e-commerce platform in China, is reportedly on track to significantly exceed its profit expectations for the year, thanks to a rapid expansion in its e-commerce operations. Insiders suggest the company is set to achieve a net profit of $500 million, far surpassing its initial forecast of less than $50 million at the start of the year. Xiaohongshu, a popular social media and e-commerce platform in China, is reportedly on track to significantly exceed its profit expectations for the year, thanks to a rapid expansion in its e-commerce operations. Insiders suggest the company is set to achieve a net profit of $500 million, far surpassing its initial forecast of less than $50 million at the start of the year.
