Krypton Evening News | BYD to Release Super e-Platform Technology, Potentially Supporting 1000V High-Voltage Technology; Huolala Discloses Algorithm Mechanism: Currently, 90% of Orders Are Allocated Based on "Nearest Priority"
Large Companies:
36Kr learned that on March 13, Lalamove issued an announcement on promoting an open, transparent, and positive - upward algorithm mechanism. It stated that its order - allocation principle is "driver autonomy, nearest priority." The platform pushes order information to nearby drivers in the order of "from near to far" based on the order's starting point, and drivers decide whether to grab the order. The driver closest to the order's starting point wins the order. Currently, orders allocated based on the "nearest priority" principle account for over 90% of the platform's total orders.
Thunder: Total Revenue in Q4 2024 Reached $84.3 Million, a Year - on - Year Increase of 9.3%
36Kr learned that Thunder released its unaudited financial reports for the fourth quarter ended December 31, 2024, and the whole year of 2024. The reports show that Thunder's total revenue in Q4 2024 was $84.3 million, a year - on - year increase of 9.3%. The revenue growth was mainly due to the excellent performance of the membership business and the live - streaming business. The annual total revenue was $324 million. Based on Non - GAAP, the net profit was $23.9 million. In addition, the membership business in the fourth quarter reached a record high, with the total number of users reaching 6.38 million.
36Kr learned that Fosun Pharma announced that its holding subsidiary, Fosun Industrial, plans to transfer 9.4 million common shares of the target company (whose main asset is the "United Family" hospitals and clinics held and operated through its holding subsidiary NFH) to Calcite Gem for a cash consideration of $124.08 million. The consideration for this transaction is $124.08 million, corresponding to a unit price of $13.2 per share. The consideration for this transaction was determined through negotiation between the two parties based on the share price ($12 per share) of the merger and privatization transaction completed by the target company's holding subsidiary NFH (the operating platform for its main business, "United Family") in 2022, taking into account factors such as the brand influence and scale scarcity of the target company.
BYD to Release Super e - Platform Technology, Potentially Supporting 1000V High - Voltage Technology
Today, there are reports that BYD will hold a "Super e - Platform Technology Release and Pre - sale Launch of Han L and Tang L" event on March 17. The highlight of the super e - platform technology is its support for 1000V high - voltage technology. (Sina Technology)
Data from the flight data company Forward Keys shows that since February 1, flight bookings from Canada to the US have decreased by approximately 20% compared to the same period last year. Scott Kirby, the CEO of United Airlines, said on the 12th that the company has adjusted its capacity due to a significant decline in inbound passenger flow from Canada. The US Travel Association (USTA) warned in February that even a 10% decrease in the number of inbound tourists from Canada could result in a loss of $2.1 billion (approximately 15.12 billion RMB), affecting 140,000 jobs in the hotel industry and related sectors. If the number of Canadian tourists traveling to the US continues to decline by over 20% this year, the US will suffer an economic loss of over $4 billion (approximately 28.8 billion RMB). (The Paper)
Investment and Financing:
Anheuser - Busch InBev denied on Thursday reports that its subsidiary, Budweiser APAC, plans to lay off thousands of employees this year. Earlier reports said that Budweiser APAC plans to cut approximately 15% of its operating costs this year, including laying off thousands of employees. The company laid off 16% of its approximately 25,000 employees last year. A spokesperson for Anheuser - Busch InBev said, "The news reports about laying off thousands of employees in Asia in 2025 are not true. We will continue to make long - term investments in China." (Sina Finance)
"Shuchuang Intelligence" Completes a $20 Million Angel - Round Financing
36Kr learned that "Shuchuang Intelligence" announced the completion of a $20 million angel - round financing. This round of financing will further boost the company's development, and it plans to strengthen its layout across the entire industrial chain. It is reported that Shuchuang Intelligence was established in 2021, focusing on AI cloud - based monitoring technology, and currently has over 100 direct - operated stores across the country.
Insilico Medicine Completes a $110 Million Series E Financing
On March 13, Insilico Medicine announced the completion of a $110 million Series E financing jointly led by private equity funds under Value Partners Group, Pudong Venture Capital and Pufa Group, Xichuang Investment, and Yixing State - owned Assets Management. The funds raised in this round of financing will be used to improve Insilico Medicine's proprietary artificial intelligence models and algorithms, and to upgrade and expand its automated robot laboratory. It will focus on promoting the clinical verification of its core candidate drug for the treatment of idiopathic pulmonary fibrosis (IPF) and accelerating the exploration of other self - developed and co - developed drug pipelines. (Jiemian)
New Products:
Zhongguancun Kejin Releases Dezhu Big Model Platform 2.5 and Dezhu Intelligent Customer Service 4.0
36Kr learned that Zhongguancun Kejin released Dezhu Big Model Platform 2.5 and Dezhu Intelligent Customer Service 4.0. Currently, Dezhu Big Model Platform 2.5 has connected to DeepSeek and covers the full - link development and application capabilities of big models, including computing power, data, models, and intelligent agents. Dezhu Intelligent Customer Service 4.0 also has the full - stack capabilities of intelligent customer service products, covering a full set of intelligent customer service products such as all - media contact centers, voice robots, and text robots. Zhongguancun Kejin said that it is expected that over 90% of enterprises will deeply integrate big models into their core businesses in 2025.
Tasly: Clinical Trial of NR - 20201 Injection Approved
36Kr learned that Tasly announced that recently, the company received a "Drug Clinical Trial Approval Notice" from the National Medical Products Administration for the allogeneic adipose - derived mesenchymal stromal cell injection (NR - 20201) (referred to as "NR - 20201 Injection") for the treatment of acute ischemic stroke. NR - 20201 Injection is an allogeneic adipose - derived mesenchymal stromal cell drug independently developed by the company, and its intended clinical indication is the treatment of acute ischemic stroke. As of now, no mesenchymal stromal cell products for acute ischemic stroke have been approved for marketing globally.
Beiyu Zhixue Releases "AI Private Tutor Big Model System"
36Kr learned that Beiyu Zhixue officially released the "AI Private Tutor Big Model System." With its three core capabilities of "nanoscale knowledge system," "full - scenario learning supervision service," and "inquiry - based learning closed - loop," it redefines the new paradigm of intelligent education and creates an ultimate personalized education experience. It is reported that this system is trained based on 30 million courses and 70 million users' learning data. In the one - on - one real - person teaching scenario, it outperforms international big models such as OpenAI GPT in multiple indicators and becomes the first domestic AI education product to pass the "New Curriculum Standard Understanding Accuracy of 98.5%" certification.
Today's Views:
Wu Jia, CEO of Quark: "AI Super Box" Is Infinitely Close to a Personal All - Around Assistant
On March 13, Quark, Alibaba's flagship AI application, was fully upgraded. Wu Jia, the vice - president of Alibaba Group and the CEO of Quark, said that in the near future, AI will think, execute, and interact and adjust during the process to complete the final task delivery. The continuously evolving "AI Super Box" is infinitely close to a personal all - around assistant. Wu Jia said that he hopes that New Quark can use an AI Super Box to open the door for users to enter the AI world.
36Kr learned that Chow Tai Fook announced that the management position of Zheng Bingxi, an executive director of the company, will be adjusted. The company will optimize its financial leadership structure. In the future, Zheng Bingxi will focus on strategic supervision, mainly responsible for capital management, investor relations, and company secretarial affairs, and will step down as the chief financial officer as of April 1, 2025. Zheng Bingxi will continue to serve as an executive director, co - company secretary, and a member of the Strategy and Reform Committee. The new chief financial officer will take office on April 1, 2025, and focus on improving financial management, long - term growth, and transformation strategies.
Joachim Nagel, the president of the German central bank and a member of the European Central Bank's Governing Council, said on March 13 that the inflation rate in the eurozone will return to the ECB's 2% target by the end of the year. "We will achieve price stability this year," Nagel said. "We will return to our target by the end of this year - that's good news." (Jiemian)
Other Noteworthy News:
US Government Agencies Must Submit Massive Lay - off Plans by Thursday
The potential scale of former US President Donald Trump's plan to downsize the federal government may become clearer on Thursday, as Thursday is the deadline for government agencies to submit their second wave of massive lay - off and budget - cutting plans. Agencies from the Treasury Department to the Justice Department must submit cost - cutting plans to the White House and the Office of Personnel Management, thus initiating a process that could lead to the disappearance of tens of thousands of federal jobs. (Cailian Press)
36Kr learned that the Shanghai Stock Exchange has formulated and formed an "Action Plan for Further Promoting the Five Major Articles of Finance." The "Action Plan" focuses on further promoting the "five major articles of finance," concentrating on serving major strategies, key areas, and weak links. It gives full play to the functional advantages of the SSE, such as the concentration of large - cap blue - chip stocks, leadership in hard technology, multi - product support, and precise services, and promotes the concentration of more factor resources in areas such as technology finance, green finance, inclusive finance, pension finance, and digital finance to assist in the high - quality development of the economy and society, and proposes 16 specific measures. It is mentioned that the SSE should give full play to the function of the Science and Technology Innovation Board in serving "hard - technology" enterprises and strongly support high - quality technology - based enterprises that break through key core technologies to issue and list.