36Kr Evening News | Coca-Cola to Raise Prices in Japan; Boeing Confirms: China Has Stopped Taking Delivery of Boeing Aircraft; Tesla's Sales in Europe Plunged 45% in Q1
Large Companies:
Nissan Cuts Financial Outlook for Fiscal Year 2024
On April 24, Nissan revised its financial outlook for fiscal year 2024 ending March 31, 2025. It lowered its full - year sales forecast to 3.35 million vehicles. The estimated net sales for the full year are 12.6 trillion yen, the operating profit is expected to be 85 billion yen, and the estimated net loss is between 700 billion yen and 750 billion yen. (Jiemian)
Tesla's Sales in Europe Plunge 45% in Q1
On April 24 local time, data released by the European Automobile Manufacturers' Association showed that in the first three months of this year, the number of new car registrations in the EU decreased by 1.9% year - on - year. The market share of electric and hybrid vehicles continued to expand, but the share of traditional fuel - powered vehicles shrank significantly. Data showed that in the first quarter, the number of gasoline - powered vehicle registrations decreased by 20.6% year - on - year, dropping to 779,000, and the share decreased to 28.7%. The number of diesel - powered vehicle registrations decreased by 27.1%, and the market share dropped to 9.5%. The number of pure - electric vehicle registrations increased by 23.9% in the first quarter, reaching 413,000, accounting for 15.2% of the total market share, up from 12% in the same period last year. (CCTV News)
Coca - Cola to Raise Prices in Japan
Coca - Cola Japan recently announced price adjustments for its major product categories, which will take effect on October 1, 2025. Coca - Cola Japan said that against the backdrop of persistently high raw material and energy prices and exchange - rate fluctuations, the cost of business operations has been rising continuously. Due to the impact of the market environment, it is difficult for the company to continue to absorb the impact of rising costs through its own efforts. The announcement shows that the recommended retail price of coffee products will be increased by 20 - 30 yen, and that of other products will be increased by 20 yen. (Jiemian)
On April 24, Douyin Mini - games announced three ecological support policies at a closed - door meeting. The platform will enable the "T + 1 withdrawal" function to accelerate the capital turnover of developers, and the withdrawal cycle for developers has been improved by 93% compared with the traditional model. At the same time, the platform will launch a content task incentive fund, allowing developers to obtain natural traffic through content operations and form a positive cycle of content dissemination and user growth. In addition, a support channel for newly launched co - released games will be established, providing test optimization support, user growth subsidies, and content ecosystem co - construction services for first - launched products to help developers improve the success rate of their products.
36Kr learned that recently, Mixue Group officially released its "2024 Environmental, Social and Governance (ESG) Report". The report shows that in 2024, the Henan and Guangxi production bases launched self - built photovoltaic power generation projects. The Henan production base completed the installation of 5.99 MW of photovoltaic modules throughout the year and achieved full - capacity grid connection at the end of December. It is expected to generate 6,000 MWh of electricity annually; the photovoltaic project at the Guangxi production base generates 2,614 MWh of electricity annually. In addition, thanks to an effective environmental management system, the Henan production base of Daka International has obtained the ISO 14001:2015 certification and completed the national and Henan provincial green factory certifications.
Volkswagen to Launch Over 30 Models in the Next Three Years
36Kr learned that at the 2025 Shanghai Auto Show, the Volkswagen brand presented the latest progress of its "In China, for China" strategy. In the next three years, Volkswagen will launch more than 30 competitive new models in relevant market segments, most of which are new - energy vehicles, including pure - electric, plug - in hybrid, and extended - range models, to meet the diverse needs of Chinese consumers.
36Kr learned that on April 24, TAL Education Group announced its financial results for the fourth quarter and the full year of fiscal year 2025 ending February 28, 2025. In the fourth quarter of fiscal year 2025, the net revenue was $610.2 million, a year - on - year increase of 42.1%; the net loss attributable to TAL Education Group was $7.3 million, compared with a net profit of $27.5 million in the same period last year. For the full year of fiscal year 2025, the net revenue was $2.2502 billion, a year - on - year increase of 51.0%; the net profit attributable to TAL Education Group was $84.6 million, compared with a net loss of $3.6 million in the previous year.
Nestle Group: Organic Sales Growth in 2025 Expected to Be Better Than in 2024
On April 24, Nestle Group released its financial report for the first three months of 2025. During the reporting period, it achieved an organic growth rate of 2.8%, including an actual internal growth rate of 0.7% and a pricing contribution rate of 2.1%. In the Greater China region, the organic growth rate was 1.7%, the actual internal growth rate was 4.0%, and the pricing contribution rate was - 2.3%. Nestle Group CEO Mark Schneider said that the performance in the first quarter met expectations, and the guidance for 2025 remained unchanged, based on the company's assessment of the direct impact of current tariffs and its adaptability. The group expects the organic sales growth in 2025 to be better than in 2024. (Jiemian)
NTT DATA Partners with OpenAI on Generative AI
NTT DATA, a subsidiary of Nippon Telegraph and Telephone, announced a partnership with OpenAI to launch AI - generated tools focused on enhancing data security for enterprises globally. (Cailian Press)
Investment and Financing:
36Kr learned that recently, Shenzhen Hexin Interactive Entertainment Culture and Technology Co., Ltd. completed an angel - round financing of several million RMB. This financing will be mainly used for the development of more advanced intelligent technologies and other application aspects, such as drone health monitoring and active alarm technology, image recognition technology, and data processing capabilities. It is reported that Shenzhen Hexin Interactive Entertainment Culture and Technology Co., Ltd. is an innovative enterprise focusing on drone extension technologies.
New Products:
Star - Meizu Flyme Auto: Number of New Users Ranks First in the Industry for Six Consecutive Months
36Kr learned that on April 23, Star - Meizu released the Flyme Auto experience white paper. The white paper shows that thanks to its features such as safety, reliability, personalization, and seamless connectivity, Flyme Auto has been integrated into 23 models of multiple brands, including Geely, Lynk & Co, and Galaxy. The total sales volume of the equipped models has reached 910,000, ranking first in the installation volume among open - source in - vehicle operating systems, and it is expected to exceed one million in the first half of this year. In the past six months, an average of 3,670 car owners have become Flyme Auto users every day. In March 2025, with the upgrade of more than 200,000 existing car owners of Geely Galaxy L6 and L7, Flyme Auto witnessed an explosive growth of 310,000 new users, and the number of new users has ranked first in the industry for six consecutive months.
Adobe Adds OpenAI and Google's AI Models to Firefly Platform
On April 24, Adobe showcased its new creative generative AI model set, Firefly. Adobe said that it now offers the most comprehensive AI - powered creative platform in the industry, with the Firefly model series, a selection of partner models including Google Cloud and OpenAI, and AI - driven tools integrated into Creative Cloud applications. (Jiemian)
Alipay's "Tap - to - Pay" User Base Exceeds 100 Million
36Kr learned that at the Alipay "Tap - to - Pay" ecosystem conference held on April 24, Han Xinyi, CEO of Ant Group, revealed that Alipay's "Tap - to - Pay" service has covered 400 cities, and the number of users has exceeded 100 million. In addition, Alipay will fully open more than 300 scenario - specific solutions for sub - industries based on "Tap - to - Pay" to its partners, which are currently available at peng.alipay.com.
Today's Views:
Boeing Confirms: China Has Stopped Accepting Boeing Aircraft
According to a report by AFP on April 23, Boeing CEO Dave Calhoun said in an interview with CNBC that "due to the tariff environment," Chinese customers have "stopped accepting aircraft deliveries." Calhoun said that Boeing plans to deliver about 50 aircraft to China in 2025. He said that the company will not "wait too long" to deliver these aircraft to other customers. According to a report by Reuters cited by the website of Lianhe Zaobao on the 21st, a second Boeing aircraft originally scheduled for delivery to a Chinese airline returned to the United States on the 21st. The report said that a Boeing aircraft originally scheduled for delivery to Xiamen Airlines had previously returned to Boeing's production center in the United States. (Reference News)
Lee Chang - yong, Governor of the Bank of Korea, said that the global trade tensions triggered by the US comprehensive tariff policy are the main obstacle to South Korea's export - oriented economy, and this issue may accelerate South Korea's efforts to diversify its supply chain. On Wednesday local time, Lee Chang - yong, who was attending the G20 Finance Ministers and Central Bank Governors' Meeting and the Spring Meetings of the IMF and the World Bank in Washington, made the above remarks in an interview with CNBC. (Sina Finance)
Other Noteworthy News:
Ministry of Commerce Comments on China - EU Automobile Negotiations
A reporter asked: China and the EU previously agreed to immediately start negotiations on price commitments for electric vehicles and discuss issues related to investment cooperation in the automobile industry between China and the EU. Can the Ministry of Commerce disclose the current progress of the negotiations? He Yadong, Spokesperson of the Ministry of Commerce: After Minister Wang Wentao held a video meeting with European Commissioner for Trade and Economic Security Valdis Dombrovskis on April 8, the technical teams of China and the EU have been maintaining close communication on issues related to price commitments for electric vehicles and trade and investment cooperation, and have been accelerating the negotiation process. China is willing to work with the EU to properly handle economic and trade frictions through dialogue and consultation, deepen bilateral practical cooperation, and inject more certainty and positive energy into the economies of China, the EU, and the world. (Riyue Tantian)