Xiaomi responds to Meta Universe’s layout; Douyin is approved as a provincial Internet investor education base

Xiaomi responds to the meta-universe layout: pay attention to related opportunities around the meta-universe, and has made relevant technical reserves

On November 23, the relevant person in charge of Xiaomi stated that Xiaomi is concerned about related opportunities around Metaverse, and has made a lot of relevant technical reserves, and has made relevant investments in mobile phones, videos, displays, etc., and has made relevant preparations.

Douyin was approved as a provincial-level Internet investor education base

According to news on November 23, Douyin has been approved by the Beijing Securities Regulatory Bureau and officially won the title of Provincial Investor Education Base. At present, Douyin has opened an entrance to the investor education base, and the “Tik Tok Investor Education Base” mini program has also been officially launched. The dedicated area of Douyin Investment Education Base mainly popularizes the basic knowledge of the securities and fund futures market to investors, helps investors identify and prevent risks, and guides investors to establish a mature and stable investment philosophy. At present, the content of this zone mainly focuses on investment-related short videos and selected headline articles.

Station B completed the issuance of convertible equity senior notes with a total principal amount of US$1.4 billion due in 2026

On November 23, Station B announced the completion of the issuance of convertible senior notes due in 2026 with a total principal amount of US$1.4 billion.

Dada Group’s total revenue in the third quarter was 1.7 billion, an acceleration of 86% year-on-year growth under a comparable caliber

According to news on November 24, Dada Group’s third-quarter revenue was 1.7 billion yuan. After adjusting the distribution business to net income, the total revenue will accelerate by 86% year-on-year, exceeding the guideline ceiling and market expectations. Looking forward to the fourth quarter, the group’s total revenue will be between RMB 2 billion and RMB 2.1 billion, a year-on-year increase of 88% on a comparable basis.

Xiaopeng Automobile’s third-quarter revenue was 5.72 billion yuan, a year-on-year increase of 187.4%

On the 23rd, Xiaopeng Motors announced its third-quarter financial report for 2021. According to the financial report, Xiaopeng Motors’ revenue in the quarter was 5.72 billion yuan, an increase of 187.4% year-on-year, and the market was expected to be 5.2 billion yuan; a net loss of 1.59 billion yuan, a net loss of 1.15 billion yuan in the same period last year, and a market expected net loss of 1.177 billion yuan. Xiaopeng Motors expects revenue in the fourth quarter to be between RMB 7.1 billion and RMB 7.5 billion.

Italian antitrust agency fines Amazon and Apple more than 200 million euros

On November 23, the Italian Antimonopoly Agency fined Amazon 68.7 million euros, imposed a 134.5 million euro fine on Apple, and ordered the two companies to suspend the restrictive agreement. Apple responded that the company has done nothing wrong and will appeal.

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