Markets
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Li Xiang: My Wife Was Introduced by Mao Kankan, and I am Deeply Saddened by His Passing
During an interview, Li Auto CEO Li Xiang shared personal reflections, emphasizing the significant influence of the late Mao Kankan on his life, including introducing him to his wife and gaming friends. Li also discussed his views on parenting, advocating for valuing children’s individuality and supporting their choices, even unconventional ones. He further expressed appreciation for his wife’s dedication to their family. The interview also revealed Li’s entrepreneurial past and ongoing friendships through gaming. The article notes Mao Kankan’s earlier prominence and tragic passing.
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Doubled Income, Doubled Jobs: Delivery Riders Earning $4,000+ a Month – Order Volume Tells the Story
Beijing food delivery riders are experiencing increased earnings due to a surge in orders, particularly after the launch of Taobao Flash Sales. Some riders are earning over ¥30,000 monthly. A forum highlighted the positive cycle created by healthy competition: platform growth, increased merchant revenue, higher rider incomes, and enhanced consumer benefits. Data shows a significant rise in riders and their income, boosting employment and consumer confidence. Merchants also report increased revenue and easier agent recruitment.
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Zhihu Inc. Announces Second Quarter 2025 Earnings Release Date
Zhihu (NYSE: ZH; HKEX: 2390) will release its Q2 2025 financial results on August 27, 2025, before U.S. market opening. A conference call will follow at 7:00 A.M. ET, featuring a Q&A session. Participants must pre-register online to receive dial-in details. A live and archived webcast will be available on Zhihu’s investor relations website (https://ir.zhihu.com). Zhihu is a leading online content community in China.
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A New Search Leader? Alibaba’s Quark Overtakes Baidu in Performance
IDC’s “AI Search Product Assessment, 2025” evaluates general-purpose search products based on user data, product performance, and technological capabilities. Alibaba’s Quark application excelled in product performance, achieving a score of 4.8 out of 5. This performance surpassed Baidu, positioning Quark as a leader in this key dimension according to the IDC report. The assessment underscores Quark’s strong capabilities.
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Mango SVIP Users Outraged Over Additional Charges for Screen Mirroring; Customer Service Responds, “Not Supported”
. Frustration is mounting as companies like Netflix and Amazon impose restrictions and fees on features previously included in standard plans. This trend raises questions about the long-term sustainability of the streaming model as consumers weigh convenience against affordability.
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Streaming subscribers are increasingly frustrated by “premium” memberships that come with unexpected extra charges. Companies like Netflix and Amazon are adding fees for features like casting to TVs, previously included in standard plans. This trend is impacting the perceived value of streaming services, causing consumers to question the model’s long-term affordability and sustainability.
Bank Leumi Announces Second Quarter 2025 Earnings Release Date
Bank Leumi will release its second quarter financial results on August 13, 2025, followed by a conference call at 5 PM Israel time led by Hagit Argov and Omer Ziv. The call will delve into the earnings report, strategic outlook, and include a Q&A session. Access numbers for the call are provided. A presentation outlining the results will be available on the Israeli Securities Authority reporting website and Leumi’s Investor Relations page. An archived webcast will be available for on-demand viewing within one business day.
Jingdong Auto Launches Emergency Flood Relief Service with 5-Minute Response
Amidst ongoing heavy rainfall in eastern China, JD Auto (Jingdong Yangche) has launched an emergency rescue service for motorists stranded by floods. Leveraging its extensive network of over 6,000 service centers and intelligent dispatch system, JD Auto promises a 5-minute response time. The service includes 24/7 nationwide roadside assistance, breakdown recovery, tire changes, and vehicle towing. They also offer preventative measures like safety inspection packages and a flood emergency kit. Motorists can access the service via the JD app.
“Jia Live” Partners with Ocean Star to Elevate Group Livestreaming with a Star-Quality Experience!
Interactive group entertainment broadcasts are driving growth in live streaming, demanding higher broadcast quality. Hai Chuan Xing Chen, a leading entertainment guild, is upgrading its studio to meet these demands. By partnering with Canon’s “EOS Livestream” solution, they aim to enhance on-screen aesthetics, equipment stability, and color fidelity, creating premium, star-level live experiences. This move reflects a broader industry trend toward improved stage design and overall broadcast quality.
Evotec and Sandoz Consider Sale of Just – Evotec Biologics Toulouse Site
Evotec SE has entered a non-binding agreement with Sandoz AG for the potential sale of its Just – Evotec Biolog
AI Kang CEO’s Statement Sparks Debate: Don’t Expect Low-Cost Checkups to Detect Everything
A Chinese lawyer, Zhang Xiaoling, diagnosed with late-stage cancer despite a decade of annual health check-ups at iKang Healthcare, is suing the company for negligence. iKang has countersued, escalating the dispute into a high-profile legal battle. iKang’s CEO sparked controversy by questioning the expectation that inexpensive check-ups can detect all diseases. The case highlights public misconceptions about routine screenings versus comprehensive diagnostics and raises concerns about the efficacy and value of affordable preventative healthcare in China.