Krypton Evening Post: Meituan will contribute social insurance for full-time and stable part-time riders, and it is expected to cover millions of riders. Xianyu's full-line AI products have covered 10.2 million users, and the transaction volume of goods sold through AI intelligent trusteeship has reached nearly 200 million yuan. In January 2025, China attracted 97.59 billion yuan of foreign capital.
Big Companies:
TikTok's Monthly Active Users in South Korea Exceed Facebook
Data from the South Korean data service provider "IGAWorks Mobile Index" released on the 19th shows that the monthly active user numbers (MAU) of ByteDance's TikTok and the lite version TikTok Lite reached 4,898,510 and 4,791,235 respectively. The total number of the two surpassed the monthly active user number of Facebook (8,618,065), but it is still less than that of Instagram. (Cailian News)
36Kr exclusively learned that Tencent recently completed an internal product and team adjustment. More products and applications, including QQ Browser, Sogou Input Method, and ima, will be officially transferred to CSIG (Cloud and Smart Industry Business Group). Correspondingly, the teams corresponding to the above products will also undergo a series of adjustments. The teams and organizations where products such as QQ Browser, Sogou Input Method, and ima are located will also be adjusted from PCG (Platform and Content Business Group) to CSIG. This is another adjustment after Tencent Yuanbao was transferred from TEG (Technology Engineering Business Group) to CSIG in January.
36Kr learned that after the Hong Kong stock market closed at 16:30 on February 19, Meituan announced that it will provide social insurance for full-time and stable part-time riders nationwide. It is expected to be implemented starting from the second quarter of 2025. This is another measure for Meituan to improve the social security of the new employment group after launching the anti-fatigue mechanism and canceling the overtime deduction. Public information shows that since July 2022, Meituan has taken the lead in paying the new occupational injury insurance premium for the new employment group. Currently, it has invested 1.4 billion yuan to pay the occupational injury insurance for riders in 7 pilot provinces and cities, and it will further cover all riders in all provinces and cities in the future. Meituan stated that "it will continue to increase resource and capital investment, continuously improve the welfare system for riders, and strive to contribute more positive forces to building a harmonious labor relationship."
Recently, the latest data from Xianyu shows that its full-line AI product - Xianyu AI Intelligent Entity has covered 10.2 million users. Among them, the core product AI Intelligent Release is used by more than 200,000 people every day. After multiple rounds of model optimization, the user adoption rate has reached 85%; and the transaction volume of goods sold through the AI Intelligent Trusteeship service, which has been in gray-scale testing for less than half a year, has nearly reached 200 million yuan. It is understood that the Xianyu AI Intelligent Entity is created based on the general model and superimposed with Xianyu's own data. It has a strong ability to understand goods and intelligently negotiate prices, and has now been applied in the entire transaction process of the platform before, during, and after sales. In the future, Xianyu will reconstruct the idle transaction experience based on Xianyu's big data and the continuously improved industry big model.
36Kr learned that Tianyancha App shows that recently, the China-South Korea (Changchun) International Cooperation Demonstration Zone Kejin Investment Co., Ltd. was established. The legal representative is Xu Zihou, with a registered capital of 500 million yuan. The business scope includes investing activities with its own funds, financing consultation services, technical services, technology development, technical consultation, technical exchange, technology transfer, and technology promotion, information consultation services, enterprise headquarters management, and venture capital. Shareholder information shows that the company is wholly owned by the Finance Bureau of the China-South Korea (Changchun) International Cooperation Demonstration Zone.
36Kr learned that Aiqicha App shows that recently, Yibin Yingfa Derui Technology Co., Ltd. was officially established. The legal representative is Zhang Fayu, with a registered capital of 1 billion yuan. The business scope includes the manufacturing of photovoltaic equipment and components, the sales of solar thermal utilization equipment, the research and development and manufacturing of electronic special materials, and other fields. The equity penetration map shows that the company is jointly held by Sichuan Wuliangye New Energy Investment Co., Ltd., a subsidiary of Sichuan Yibin Wuliangye Group Co., Ltd., and LONGi Leye Photovoltaic Technology Co., Ltd., a subsidiary of LONGi Green Energy Technology Co., Ltd.
South Korea Is Reportedly Going to Build the World's Largest AI Data Center
It is reported that South Korea will build the world's largest artificial intelligence (AI) data center. The power capacity of this data center will reach 3 gigawatts, which is about three times the size of the "Stargate" data center, and the cost is as high as 35 billion US dollars. This project is led by the Stock Farm Road investment group jointly founded by Brian Koo, the grandson of LG's founder, and investor Amin Badr Eldin. (Cailian News)
Investment and Financing:
Embodied Physical Base "Zhongke Diwuji" Completes Seed Round Financing by Zhuoyuan Asia
36Kr learned that recently, the embodied physical base "Zhongke Diwuji" completed the seed round financing by Zhuoyuan Asia. Zhongke Diwuji gathers the strength of the two core teams of robots and multimodal embodied large models from Professor Sun Fuchun's robot laboratory at Tsinghua University and the Institute of Automation, Chinese Academy of Sciences. It is committed to developing products such as general intelligent body robots by researching and developing the embodied world physical base and the multimodal end-to-end large model.
Today's Views:
After participating in the Private Enterprise Symposium held on February 17, Wang Xing, the founder, chairman, and CEO of Meituan, said, "If the vast number of private enterprises work together and overcome difficulties, they will definitely be able to seize new development opportunities and achieve new leaps. " "We will actively embrace new technologies such as artificial intelligence and big data, continue to actively promote the expansion of consumption, explore scientific and technological research and development such as drone delivery and automatic delivery, strive to 'go global' to expand overseas markets, and continuously create a new situation for development." (Xinhua News Agency)
36Kr learned that Omdia estimates that the value of AI in telecom IT software in 2023 is 1.8 billion US dollars, and by the end of 2024, its value will reach 2.3 billion US dollars. From 2024 to 2029, the overall value will grow at a compound annual growth rate (CAGR) of 17% to reach 5 billion US dollars.
Learned from the State Administration for Market Regulation, the State Administration for Market Regulation will actively take actions to promote fair competition, maintain market order, standardize regulatory enforcement, and improve assistance measures. It strives to use high-quality market regulation to effectively enhance the development confidence of private enterprises and stimulate the vitality of the private economy. The State Administration for Market Regulation stated that the private economy is an "environmental economy", and the quality of the market environment and business environment is related to its development quality and level. The market regulatory authorities will actively play their functional roles, continuously optimize the development environment for private enterprises, focus on enhancing the endogenous driving force for development, effectively remove obstacles and blockages to development, and support the private economy to achieve high-quality development. (CCTV News)
Other News Worth Noting:
In January 2025, China Absorbed 97.59 Billion Yuan of Foreign Capital
36Kr learned that according to the Ministry of Commerce's website, in January 2025, 4,229 new foreign-invested enterprises were established nationwide, a year-on-year decrease of 7.8%; the actual use of foreign capital was 97.59 billion yuan, a year-on-year decrease of 13.4% and a month-on-month increase of 27.5%. By industry, the actual use of foreign capital in the manufacturing industry was 28.78 billion yuan, and the actual use of foreign capital in the service industry was 66.78 billion yuan. The actual use of foreign capital in the high-tech manufacturing industry was 12.24 billion yuan, accounting for 12.5% of the actual use of foreign capital nationwide, an increase of 0.8 percentage points compared to the whole year of 2024. The actual use of foreign capital in the pharmaceutical manufacturing industry and the scientific and technological achievement transformation service industry increased by 68.4% and 23.9% respectively. By source, the actual investment in China from the United Kingdom, South Korea, the Netherlands, and Japan increased by 324.4%, 104.3%, 76.1%, and 40.7% respectively (including investment data through free ports).
36Kr learned that the General Office of the State Council issued a notice on transferring the "2025 Action Plan for Stabilizing Foreign Investment" of the Ministry of Commerce and the National Development and Reform Commission. The "Plan" proposes to expand the opening pilot projects in the fields of telecommunications, medical care, and education. Support the pilot areas to do a good job in the publicity and implementation of the opening pilot policies in the fields of value-added telecommunications, biotechnology, and wholly foreign-owned hospitals, carry out "special team" tracking services for the foreign negotiation projects in related fields, timely coordinate and solve problems, and promote the early landing of the projects. Further expand the opening pilot projects in the telecommunications and medical fields in a timely manner. Research and formulate an implementation plan for the orderly expansion of independent opening in the fields of education and culture, and release it to the public in a timely manner and implement it steadily.