ByteDance IPO has to wait for
big companies
Byte-beating response to go public in Hong Kong this year: inaccurate
According to reports, ByteDance is preparing to go to Hong Kong for an IPO this year. In response to this, byte beating responded as “inaccurate”. People familiar with the matter said that this year’s IPO road for technology companies has been difficult, and Hong Kong has become an important destination for their listing. Prior to the Tiger Global Fund’s shareholding byte beating, the company’s current valuation is nearly 100 billion US dollars, has entered the countdown to the IPO, whether to go to the US IPO depends on the attitude of the US regulators on TikTok. (Zhitong Finance)
Shunfeng responds to takeaway: internal promotion, no externals < br>
Recently, it has been reported that SF Express, the leader in the express delivery industry, has entered the food delivery industry, launching the “Feng Shi” applet, which focuses on food delivery services for corporate employees. In response, SF Express stated that “Feng Shi” is a group meal platform that is internally incubated in the SF City. The current business form is SF’s internal promotion, accepting internal orders, and being managed and operated by the company’s internal project team. SF explained that because SF employees had meals inside, there was no way to manage them with a unified internal system, so they used the “Feng Shi” applet. (Zhongxin.com)
Regarding the launch of 5G messaging APP in some application stores last night, China Mobile responded that the 5G messaging app can allow developers to experience message interaction after completing the development of Chatbot (intelligent chat robot) application The service attracts developers to actively participate in the cooperative ecological construction of 5G news, and is not for commercial use by customers. The product went online in the application market to protect the name “5G Message” from malicious preemption. Due to some technical problems, the App is temporarily offline and will be re-launched later. (When securities
BYD N95 mask order delivery is delayed, not order cancellation
Regarding BYD ’s return of some deposits for California N95 masks, people familiar with the matter said that due to the delay in the NIOSH certification of BYD ’s N95 masks, the delivery of products in May was delayed, not the cancellation of the order. The only impact on the delivery of N95 masks was The delivery of disposable medical masks has not been affected, and California has also added new orders for disposable medical masks. It also stated that “What BYD returned to was the partial deposit of N95 masks given by California in advance. The actual N95 masks have not yet been shipped, and there is no problem with the quality of BYD products. At present, related models of BYD masks have obtained multi-national registration certification and authorization, which meets relevant standards . This incident did not cause any damage to BYD. “(Finance Association)
I learned that according to Alibaba ’s introduction, on May 11, the Ministry of Education and Alibaba Group jointly launched the “Alibaba Digital Economic Network Special Recruitment Fair”. Alibaba’s quark search, Alipay, Dingding and other applications provide more than 400,000 job positions for college students in the mode of cloud recruitment and cloud publicity, among which 55% and 45% are undergraduate and vocational colleges, respectively. According to statistics from the Ministry of Education, 8.74 million fresh college graduates will go to society in 2020, an increase of 400,000 year-on-year, a record high.
According to reports, Vroom, an American online used car seller, has secretly submitted an IPO application, hoping to go public in June. It is reported that Goldman Sachs Group is the main underwriter of its IPO. Other underwriters include Allen, Wells Fargo, Bank of America and Steve Financial Corporation. In December 2019, Vroom received $ 250 million in the latest round of financing, when the valuation was $ 1.5 billion. (Zhitong Finance)
Baidu Vice President Chu Yu leaves
I learned that Chu Yu, senior vice president of Baidu, has left. In January this year, Chu Yu joined Baidu and was responsible for government relations and market public relations. It is understood that Chu Yu was still in the probation period when he left.
I learned that on May 11, 58 Tongcheng announced the establishment of 58 Tongcheng University, and reached cooperation with Pearson Education and Beijing Aotesiding International Education to set up a real estate agent university, human resources college, family service college, and automotive service college , Internet Marketing College, New Media College, six major talent training colleges, focusing on the development of vocational education in China. Yao Jinbo said: “58 Tongcheng University will build 1,000 vocational skills training and employment centers in 200 cities.”
Pin Duoduo launched the first “Toto Parent-Child Festival”
I learned that on May 10, Pinduoduo launched the first “Todoo Parent-Child Festival” and reached cooperation with more than 900 brands, covering 30,000 brand SKUs. The activity was jointly launched by the two major business units of Pinduoduo “Limited Time Spike” and “Ten Billion Subsidies”. Pinduoduo said that this “Todo Parent-Child Festival” event is expected to reach 150 million consumers, bringing more than 30 million new customers to brand owners
I was informed that Wanda Film ’s annual report received an inquiry letter requesting to explain whether it is reasonable for the company to accumulate large amounts of goodwill impairment reserves at the end of the 2019 reporting period, and whether there is a situation where the previous period should be impaired and not impaired.
“Full Time Convenience Store” issued a notice of closure of business
was informed that According to the Beijing OurHour full-time convenience store public account, on May 11, Beijing Shanhai Blueprint Commercial Co., Ltd. issued a “Full-time Convenience Store” suspension notification letter, which said that due to the company’s business strategy adjustment, the Full-Time Convenience Store Beijing area All stores will be adjusted for operation at 24:00 on May 20, 2020. Until then, we will still try our best to provide good services and sell 40% off the whole market (excluding cigarettes and card purchases). However, as ofAs of press time, this article has been deleted from the Beijing OurHour full-time convenience store public account.
Notice of suspension of business
investment and financing
Medical device B2B platform “Bedden Medical” won hundreds of millions of yuan in round B financing
Exclusively learned that the medical device B2B platform “Bedden Medical” has recently completed a B round of financing of hundreds of millions of yuan, and the leading investor is an innovative factory. Yikai Capital acted as the exclusive financial advisor to Beiden Medical in this transaction. Beiden Medical has initially established a comprehensive digital foundation including front-end marketing and procurement systems, logistics, after-sales and other middle-stage systems, and back-end commodity databases. Online platform for medical equipment purchase.
“BURST Oral Care” completed the C round of financing led by Goldman Sachs
According to reports from foreign media Vcaonline.com, US BURST Oral Care completed the C round of financing and was led by Goldman Sachs Growth Equity, a Goldman Sachs fund. The specific amount has not been disclosed, and the company’s valuation has more than doubled from the B round. At the same time, Allison Berardo and Hillel Moerman of Goldman Sachs will join the company’s board of directors. BURST Oral Care is an oral care company established in 2017. After this round of financing, the company will expand its brand product line and explore new distribution channels.
“Shell Intelligence” completed tens of millions of A round of financing
I learned that Shell Zhilian recently announced the completion of A round of tens of millions of RMB financing. This round of financing was led by Chuanhua Group, Shanghai Huiyang Investment Management Center continued to increase investment, and Yiren Capital served as the financial consultant for this round of financing. The funds received will be mainly used for the development and construction of smart packaging cloud platforms and to improve the user experience of the entire process of smart packaging embedded in the supply chain. Shell Zhilian was established in 2016. Its main business is to promote logistics packaging recycling and logistics warehousing visualization through the Internet of Things technology, thereby improving the production side transportation and production capacity.
New product
Xiaomi will release the second WiFi6 router
I learned that Xiaomi announced on Weibo that the second WiFi6 router will be released on May 13.
B station B TV box patent has been successfully authorized
It is learned that the patent data of Tianyanzhan shows that recently, the appearance patent “TV box” applied by Shanghai Magic Electronics Information Technology Co., Ltd., a company of Bilibili, on May 1 has been successfully authorized. On the 21st. It is reported that the patent is used for the conversion of video signals to digital signals, decoration, and collection.
Basic information of “TV box” patent
Qualcomm Snapdragon 768G detailed parameters announced: CPU / GPU increased by 15%
At noon today, Qualcomm announced the new SoCThe Snapdragon 768G is equipped with Qualcomm Kryo 475 CPU + sensor hub + X52 5G modem / RF system, and supports millimeter wave and frequency bands below 6 GHz. According to the official website, the CPU part, Kyro 475 frequency can reach 2.8GHz, which is 15% higher than the Snapdragon 765G; the GPU part, Adreno 620 is also 15% higher than the Snapdragon 765G. (IT House)
Today’s opinion
Ren Zhengfei: Huawei has been doing 6G, synchronized with 5G
We learned that Huawei ’s Ministry of Public and Government Affairs released a summary of Ren Zhengfei ’s interview with the South China Morning Post in the Huawei Voice Community. Ren Zhengfei said in the interview that we have been doing 6G, synchronized with 5G. However, 6G has not yet broken through in many aspects such as theory, so 6G should be used by humans in ten years. In addition, Ren Zhengfei said that “wolf culture” may have been misinterpreted by the outside world. In fact, it is three spirits: sensitivity, teamwork, and perseverance. We have neither 996 nor 007.
The China Automobile Industry Association released the 2020 auto market forecast. It is optimistic that if the domestic and overseas epidemics are effectively controlled, the domestic auto market sales are expected to decline by 15% this year; Down 25%. The China Automobile Association pointed out that the epidemic has caused damage to domestic related industries, and the income of employees has fallen, affecting automobile consumption. Automobile exports are damaged. (China Securities Network)
Other important news
I was informed that the China International Digital Interactive Entertainment Exhibition (ChinaJoy) groupThe committee held its first press conference and announced that the 18th China International Digital Interactive Entertainment Exhibition will be held in Shanghai New International Expo Center as scheduled from July 31 to August 3, 2020. At the same time, Huang Wei, Vice Minister of Propaganda Department of Pudong New Area and Director of Culture, Sports and Tourism Bureau also revealed that in October this year, the global e-sports event S10 (League of Legends Global Finals) The battle begins in Pudong.
Hong Kong HSI Closed up 1.53%, Tencent rose 4.02% to hit a new high in more than two years
It was learned that the Hong Kong Hang Seng Index closed up 1.53%, Alibaba rose 2.74%, Meituan Dianping fell 1.70%, Xiaomi rose 2.68%, Cat ’s Eye Entertainment rose 3.80%, Ali Pictures rose 4.00%, Tencent rose 4.02% A new high in more than two years.
Morgan Asset Management intends to invest 100% in the Morgan Fund
On May 9, according to the pre-disclosed information listed on the Shanghai United Equity Exchange, Shanghai International Trust Co., Ltd. will transfer 49% of the equity of JPMorgan Funds. JP Morgan Asset Management, a subsidiary of JP Morgan Chase, announced that it will acquire 100% of the equity of JPMorgan Funds. If the transaction is completed, the Shanghai JPMorgan Fund Company will become the first domestic wholly foreign-owned public fund company. (China Securities Network)
According to the information from the Beijing Municipal Market Supervision Administration, the Beijing Municipal Market Supervision Administration recently conducted a random inspection of adult clothing sold on the Beijing market. The main problems are the product instructions, fiber content, and velvet content. According to the standard requirements, a total of 21 batches of unqualified apparel products were found, including Coach, ZARA, Givenchy, Jordan and other brands.
Regarding the recent rumors about the broadcast of NBA games, the relevant person in charge of the sports channel of the general station clearly stated that as of now, CCTV Sports Channel has no contact and interaction with the NBA. On issues concerning China’s sovereignty, CCTV Sports Channel’s attitude is serious, clear, and consistent, and there will be no room for ambiguity and maneuver. (CCTV News)