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Sep 18, 2020 05:19 pm · 36kr

TAL Cooperates with Alibaba Cloud

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Sep 16, 2020 10:13 am · Lightspeed China Partners

Owl Ventures Leads Lele's USD 40 Million Financing

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Sep 4, 2020 11:56 am · Science and Technology Innovation Express News

SUNMnet Closes CNY 100 Mn Plus Series B1 Round

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Sep 2, 2020 02:08 pm · GSX

GSX Techedu Reports 2Q 2020 Earnings

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Aug 31, 2020 10:41 am · 36kr

Zuoyebang Records 7.8 Million Paid Students

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Aug 30, 2020 04:30 am ·

Haier Smart Home: Overseas Market Achieves a Counter-Trend Growth in 1H 2020

Haier Smart Home (600690:SH), a subsidiary of Haier Group, released the 2020 semi-annual report, which is the first performance report released after the company announced the privatization and integration plan of Haier Electric. Haier Smart Home achieved revenue of CNY 95.73 billion, a year-on-year decrease of 4.29%; net profit was CNY 2.78 billion, a year-on-year decline of 45.02%. In the context of the globalization of the epidemic, exports of the home appliance industry decreased by 1% year-on-year from January to May. However, Haier Smart Home's export volume still achieved a counter-trend growth of 8%, and the average customer price reached 14%. In terms of products, the company's main products are air conditioners, refrigerators, kitchen appliances, water appliances, washing machines, equipment parts, and channel integrated services, accounting for 17.80%, 28%, 14.7%, 4%, 20.7% and 13.9% of total revenue, respectively. Refrigerators and washing machines are still the revenue engine of the firm. The online market share of Haier refrigerators increased by 2.60% to 35%, 2.20 times the second place, and the offline market share was 38.50%, an increase of 2.3%, which was 2.98 times the second place. The online market share of washing machines increased by 4.90%, accounting for 39.30%, which was 1.26 times the second place, and the offline market share was 39.20%, an increase of 3.60%, which was 1.52 times the second place. The efficiency of Haier Smart Home SKU increased from 40% to 97%. The timely rate of logistics distribution increased to 99.5%. The efficiency of the process system utilization increased to 83%, and the defective product rate decreased by 94%. With the empowerment of Smart Home Experience Cloud, in the first half of 2020, Haier's smart home scenario solutions sold 627,000 sets, a year-on-year increase of 65.75%; IoT ecological revenue was CNY 3.77 billion, a year-on-year increase of 96%.

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Aug 26, 2020 04:06 pm · EO Company

KaiKeBa Raises CNY 550 Mn Series A

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Aug 26, 2020 03:44 pm · EO Company

Spark Education Officially Announces 150 Mn Series E1

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Aug 18, 2020 02:22 am ·

Banyu has Raised USD 120 Million Financings

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