The differentiated competition of Netease Cloud Music has worked.
Big company
It was learned that Netease’s second-quarter earnings analysts’ conference call revealed that the current total number of Netease cloud music users increased by 50% year-on-year. At the same time, the number of paid active members increased by 135% year-on-year. NetEase Cloud Music was released in April 2013, and in November last year, the number of users was announced to have broken 600 million.
Image Source: IC Photo
China Mobile 2019 net profit for the first half of the year was 56.19 billion yuan, Reduced by 14.6%
It was learned that China Mobile’s 2019 interim results report released today showed: revenue of 389.427 billion yuan in the first half of 2019, down 0.6% year-on-year; net profit of the first half of the year was 56.19 billion yuan, down 14.6% year-on-year.
Jingdong 5G Intelligent Logistics Demonstration Park is about to land in Wuhan
It was learned that on August 7, Jingdong Logistics Huazhong Branch and Hubei Unicom held a signing ceremony to announce the establishment of a 5G intelligent logistics demonstration park with high intelligence, self-decision and integration in Wuhan. At the same time, the two sides will also carry out more in-depth cooperation in the fields of cloud technology, intelligent supply chain, e-commerce platform docking, and payment channel sharing.
Samsung Microsoft announces alliance, Note 10 can be mirrored with Windows 10
According to foreign media reports, Microsoft CEO Satya Nadella attended the launch of Samsung Electronics Galaxy Note 10, at the press conference, the two companies announced the strategic alliance. Samsung Electronics and Microsoft are integrating with many applications and web services, and Samsung Electronics will bundle Microsoft’s “your mobile” application on its Galaxy Note 10. Galaxy Note 10 can completely mirror the SMS, notifications, and screens of Android with a Windows 10 PC. (Tencent Technology)
Microsoft is exposed to listen to users Skype and Cortana recordings
According to foreign media reports, Microsoft contractors are manually reviewing the recordings collected from the Skype automatic translation function and the Cortana voice assistant, including user private conversations and relationship issues discussions. Prior to Microsoft, Apple, Amazon, and Google also faced serious scrutiny for processing voice data collected from their voice assistants. (Sina Technology)
Nestl announced that it will start in China Selling Starbucks Packaging Coffee
Nestl announced that it will begin selling 21 Starbucks-branded capsules and instant coffee products on E-commerce platforms such as Alibaba’s Tmall and JD.com, as well as offices and hotels in first-tier cities. (Sina Finance)
Lega Apartments confirmed bankruptcy and could not repay customers’ debts
Lejia Apartment confirmed that the company has ceased operations, closed all businesses, and employees have left a large number of employees, and there is no operating income to repay the customers. Since July this year, “Lega apartment business is abnormal, suspected of thunderstorms”, “the branch company went to the building”, “the landlord did not receive rent, the tenants faced expulsion” and other news spread on the Internet. Lejia Apartment issued an announcement on July 21, responding that the branches still operate normally. (澎湃)
Apple takes new measures to prevent third-party iPhone batteries
Apple is taking new steps in the iOS system to prevent third-party replacement of iPhone batteries. Apple has activated a “sleep software lock” in iOS. When the iPhone uses a battery that is not installed by Apple itself, it will block the battery health and other functions in the settings. According to iFixit, this new software lock exists in both iOS 12 and iOS 13, and iPhone XR, iPhone XS and iPhone XS Max are all in control. (Sina Technology)
New Oxygen will be on-line face recognition technology to deal with network black products
New oxygen technology CEO Jin Xing said yesterday that the new oxygen has increased the size of the audit team for the black products that write diaries, and there are more than 100 content review teams in Chengdu and Beijing. And the new oxygen app will be launched in August on the face recognition authentication system, as well as the camera straight hair function to raise the threshold of counterfeiters. For the future of new oxygen, Venus said that the overall development strategy is “one vertical and one horizontal”, vertical and vertical, and the industry Internet, horizontally expanding other consumer medical services. (Netease Technology)
FedEx and Amazon End Land Contract
According to foreign media reports, FedEx announced that it will terminate the land express delivery contract with Amazon at the end of this month and will not renew the contract. FedEx announced in June that it would terminate its US express delivery contract with Amazon, but the decision was limited to air express services. FedEx also said that in the 12 months ended December 31, 2018, revenue from Amazon accounted for less than 1.3% of the company’s total revenue. (Tencent Technology)
Investment and financing
CITIC Capital has completed the recruitment of a fourth Chinese fund with a size of US$2.8 billion
It was learned that the private equity investment department of CITIC Capital Holdings Co., Ltd. announced that it has completed the recruitment of the fourth Chinese M&A fund with a total size of US$2.8 billion and reached the target limit. ThisIt is the largest fund raised by CITIC Capital’s private equity investment department so far. After the fundraising, the total assets of CITIC Capital Management exceeded US$26 billion.
It was learned that on August 8, Jingdong Group announced a strategic investment in Xinchao Media. The current round of financing is nearly 1 billion yuan, led by Jingdong Group. Zhang Jixue, founder and chairman of Trends Media, said that Trend Media will focus on community consumption scenarios in the future and build a “Chinese Community First Media Traffic Platform” covering 300-500 million people every day.
Biotech Enterprise “Bao Sai Tu” completed 543 million D round financing< /p>
Beijing Baiao Saitu Gene Biotechnology Co., Ltd. completed a total of 543 million yuan of D round financing. This round of financing was led by China Life Insurance Fund and SDIC Ventures. C-round investors, CMB International, Materia Medica Capital, and Baiao Saitu Management Team participated in the investment. The funds will be mainly used in market development, product development and service upgrades, as well as the construction of antibody production service bases. (investment sector)
Auto Parts Supply Chain Platform “Quick Car Service” Completes $60 Million B Series Financing< /p>
The auto parts supply chain platform “Quick Car Service” announced the completion of the $60 million Series B financing, which was exclusively invested by Yuansheng Capital. At present, the fast-tracking service has nearly 800 service stations in 216 prefecture-level cities in 24 provinces (including municipalities), and the number of service repair shops exceeds 140,000. (hunting cloud network)
New Products
Samsung Note10 series phones are released, try double Product Strategy
South Korea’s Samsung Electronics launched the Galaxy Note 10 series, its flagship mobile phone product of 2019. This year Samsung first tried the Note series dual product strategy, Galaxy Note10 and Galaxy Note10+. Galaxy Note 10+ 5G starts at $1299.99; Galaxy NoTe 10 from the price of 949.99 US dollars; Galaxy Note 10 + from the price of 1099.99 US dollars, (Sina Technology)
Image Source: IC Photo
Apple will launch a foldable iPad in 2021
It is reported that according to CNBC, UBS analysts believe that Apple’s first foldable product is more likely to be launched in 2021, and the first foldable Apple product is more likely to be the iPad, not the iPhone.
Today’s point of view
For the byte hopping to enter the search engine business, Baidu APP general manager Ping Xiaoli said that the search and information flow products are highly similar but different, and the information flow does not help the search business. Ping Xiaoli believes that the search is faced with hundreds of millions of web pages and content libraries, while the information flow is recommended from 100,000 million content libraries, and the content is more standardized, so the search and information flow needs to be processed. The data differs by several orders of magnitude. Ping Xiaoli also believes that search is not only a competition for technology, but also an ecological competition, not only information, but also services. (Tencent first line)
Gao Xin retail CEO Huang Mingduan revealed that Gaoxin Retail will be on-line and Ali’s in-depth cooperation with Super Cat to share inventory projects. In addition, Gaoxin Retail will deepen its cooperation with Ali to buy group and pre-positions. Huang Mingduan said that although the front-end warehouses are highly competitive, most of them are in the stage of burning money, but Gaoxin Retail hopes to open up cooperation through the opening of resources with Ali. (Tencent first line)
Other important news
It was learned that WeChat Paying today released the “Smart 36 Line” Industry Development Report of 2019. The report mentioned that in the first half of 2019, the e-commerce small program transaction volume was 27 times that of the same period of last year, and the small program became a tool for the retail industry to increase the operating capacity. After 80 and 90, it is generally faster to accept new things. The data shows that brush face payment is accepted in all age groups, but after 80 and 90, it has become the most active force.
Huawei releases the top 2020 trend: 58% of the world’s population will enjoy 5G networks by 2025
It is learned that Huawei released the global industry outlook GIV@2025 today. It is predicted that by 2025, smart technology will penetrate everyone, every family, every organization, and 58% of the world’s population will enjoy 5G networks, 14%. The family owns the “robot housekeeper” and 97% of the large companies use AI.
It was learned that AppAnnie announced the rankings of popular iOS apps in China in July 2019. The number of hits, vibrato, iQiyi, today’s headlines, Tencent video, Youku, Baidu, QQ, cool dog music, horse cellulite travel rankings top ten.
China Telecom Unicom re-launched 1530G expansion in direct networking
According to the media “operator financial network” news, China Telecom is communicating with China Unicom to promote the 1530G expansion work between 11 Internet backbone networks. The direct links between China Telecom and China Unicom include 11 cities including Beijing, Shanghai, Guangzhou, Chengdu, Nanjing, Wuhan, Xi’an, Chongqing, Zhengzhou, Shenyang and Hangzhou. The two sides are expected to complete Beijing and Chongqing at the end of July this year. Expansion of 3 direct joints in Shenyang. Insiders revealed that another 8 direct points will be completed by the end of August this year.Expansion work. (Phoenix)
Daily Business Highlights
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