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Shanghai to Launch Its First Direct Passenger Flight Route to a Central Asian Country in May
China’s OpenAI Challenger Zhipu AI Secures Over CNY 2.5 Billion to Step Further on Large-Scale Model
4Paradigm Initiates IPO Today and Targets HKSE on September 28
Insta360 Debuts on the STAR Market with a 285% Surge, Market Value Exceeds CNY 70 Bn
On June 11, Insta360 (stock code: 688775.SH), a leading Chinese intelligent imaging company, officially listed on the Shanghai Stock Exchange's STAR Market. According to the prospectus, the offering price was CNY 47.27 per share, corresponding to a post-IPO market value of approximately CNY 18.96 billion. On its first day of trading, the opening price was CNY 182 per share, representing a 285% increase from the offering price, with the total market value surpassing CNY 70 bn.
Yesterday 06:59 PM
AliExpress Germany Station Experiences Rapid Growth
In late May, AliExpress, the cross-border e-commerce platform owned by Alibaba, officially opened its doors to local German sellers for the first time, launching a dedicated “Local+” channel that emphasizes local fulfillment timeliness, with deliveries as fast as three days.
Jun 10, 2025 03:07 PM
Jiang Fan resigned as the legal representative and chairman of Taobao
CHANGAN Automobile Plans 20 Overseas Plants Globally, Expanding into Over 100 Countries
On June 7, the 27th Chongqing International Auto Exhibition officially opened. As a leading local car manufacturer in Chongqing, CHANGAN Automobile participated under the theme "Together for A Smarter World", showcasing its full brand matrix and presenting its phased achievements and future plans in new energy, intelligence, and globalization.
Jun 10, 2025 03:05 PM
Christmas Orders Surge 3 Months Ahead of Schedule on Alibaba.com
Alibaba.com "Stock-up Sprint" event recently kicked off, drawing a large number of U.S. buyers eager to "snap up" Christmas goods. On the first day (June 3), orders for Christmas-related products surged by more than 50%, with popular festive items like accessories seeing a year-on-year increase of over 120%. Toy products, often used as Christmas gifts, saw a sixfold increase in orders compared to last year.
Jun 09, 2025 04:59 PM
Incredibly home: strategic cooperation framework agreement signed with Shenzhen Furniture Industry Association
$30 Million Lost Annually in the West, Yet Chinese Enterprises Pay No Attention
Apr 30, 2025 11:14 AM
Auto Shanghai 2025 - Nullmax Showcases Full-Stack Automated Driving Solutions
Apr 25, 2025 11:24 PM
SAIC MAXUS Partners with Huawei Qiankun, Multiple Models to be Launched
Apr 25, 2025 08:41 PM