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In 4 trading days, the stock price doubled, and the success of Weimob's "WeChat Store" comes with a backdrop of a 5.1 billion loss over 4.5 years and a sharp decline in paid users.
"In just 4 trading days, the stock price doubled, and the Market Cap surpassed 10 billion." This is the prosperous scene of WEIMOB INC's stock being "driven up" after the gray testing of the Wechat Mini Program's "gift-giving" function.
Research and development investments are close to the combined sum of BAT! Does ByteDance want to become China's OpenAI?
Zheshang stated that ByteDance has made huge investments in AI, with capital expenditures reaching 80 billion yuan in 2024, approaching the total of Baidu, Alibaba, and Tencent (about 100 billion yuan). Research and development investments significantly lead their peers; analogously, just as Microsoft is strongly investing in OpenAI, ByteDance in China may be comparable to OpenAI in the USA.
Even the richest private Banks are having a hard time.
First revenue decline.
WeChat's mini store "Gifts" continues Tencent's e-commerce "ambition".
① The "Gift" feature of the Wechat Mini Program has sparked discussions on commercialization, leading to a surge in related companies' stock prices; ② Some analysts believe that the social fission function of gift-giving can create good word-of-mouth communication among users, further cultivating the habit of shopping in Wechat Mini Programs.
In December, both domestic and imported game licenses were released! A total of 1416 licenses have been issued this year, the highest in the past five years.
① A total of 122 domestic games and 13 imported new games were approved today, marking the third consecutive month of simultaneous issuance of domestic and imported game licenses. Major games from Tencent and NetEase received approvals, along with several other publicly listed game companies also achieving gains. ② As of the time of writing, 1,416 new games have obtained licenses this year, the highest total in nearly five years.
The Nine Layers Purple Plum, scheduled to be served at the end of the year.
Tencent Video's year-end explosive scene.