Krypton Evening News | Report: Tencent, Alibaba, and ByteDance are scrambling for computing power resources; Didi offers over 400 million yuan in driver subsidies during the "May Day" holiday to encourage orders; The Labor Science Institute and Qingtuanshe jointly released the "2025 Report on the Development of Employment on Flexible Employment Platforms".
Large Companies:
Tianlala: Plans to Open Over 200 New Stores Globally in 2025
36Kr learned that Tianlala, a new tea beverage brand, has added a new member to its fruit bucket matrix. Recently, it launched the summer-limited product "Watermelon Refreshing Bucket", focusing on the strategy of "fresh fruits + classic tea bases". Tianlala said that in the future, it will continue to deeply cultivate the bottled tea market, with the strategic direction of "value for money + globalization". It will strengthen product innovation and quality control in the domestic market, and explore the integration of Chinese tea culture with overseas consumption preferences to expand international business growth. As of now, Tianlala has opened 60 stores in Indonesia, 3 in Cambodia, 2 in the Philippines, and 1 in Uzbekistan. It is understood that Tianlala plans to open over 200 new stores globally in 2025.
36Kr learned that Three Squirrels announced that on April 25, 2025, the company submitted an application to The Stock Exchange of Hong Kong Limited for the issuance of overseas-listed shares (H-shares) and listing on the Main Board of the Hong Kong Stock Exchange, and published the application documents for this issuance and listing on the website of the Hong Kong Stock Exchange on the same day. The application documents are in draft form, and the information contained therein may be updated and revised from time to time. The company's issuance and listing this time still need to obtain the approval, approval or filing of relevant government agencies, regulatory authorities and stock exchanges, and there is still uncertainty about this matter.
Report: Tencent, Alibaba, and ByteDance are Competing to Buy Computing Power Resources
36Kr learned from multiple independent sources that in the first quarter of this year, Tencent purchased GPU (Graphics Processing Unit) computing power resources worth about 2 billion yuan from ByteDance. These resources mainly consist of NVIDIA H20 cards and servers, and Tencent's current updates mainly use the cards from ByteDance. In addition to Tencent, a person familiar with the matter said that after DeepSeek became popular in the first quarter of this year, Alibaba also placed an order for GPUs with ByteDance. Many people close to ByteDance said that ByteDance hoarded about 100,000 GPU modules last year. A person from a server manufacturer said that according to his estimate, the total value of these GPU resources is about 100 billion yuan. A relevant person in charge of ByteDance replied that the above information is false. (Caixin)
36Kr learned that on April 28, Didi Chuxing predicted that the evening peak of taxi-hailing on the last day before the holiday (April 30) will be advanced to 15:00 and last until 21:00, with the highest demand from 17:00 to 19:00. It is expected that the taxi-hailing demand will increase by about 55% compared with normal times. Compared with the same period last year, Hangzhou, Nanjing, and Chongqing will be the top three cities with the highest increase in Didi Express reservations on that day. In addition to the airports and railway stations in first-tier and new first-tier cities, Dali Station, Xiamen Gaoqi International Airport, and Haikou Meilan International Airport will become popular transportation hubs during this year's "May Day" holiday. During the "May Day" holiday, Didi will issue over 400 million yuan in driver subsidies.
36Kr learned that Honor, a mobile phone brand, announced the launch of the "Full Charge for the May Day, Honor Gives Another 1 Billion" subsidy campaign. By collaborating with more than a dozen provincial-level cultural and tourism departments in Sichuan, Shandong, Inner Mongolia, etc., it will conduct real-time live broadcasts in popular scenic spots such as Guiyang in Guizhou and Datong in Shanxi, deeply integrating product experience into the tourism consumption scenario. It is understood that this subsidy realizes the dual-line linkage of "national subsidy + factory subsidy". Consumers who purchase models priced over 4,000 yuan can enjoy a 15% national purchase subsidy, and Honor will simultaneously increase the factory subsidy. At the same time, Honor's YOYO intelligent agent, which is connected to the (full-blooded version of DeepSeek) large model, can provide travel itinerary suggestions and functions in AI imaging.
Xianyu's "Money-Saving Magic Coupons" Channel Upgraded
36Kr learned that recently, Xianyu's coupon channel has undergone a brand-new upgrade, which will improve the user transaction experience in terms of good service, good price, and new gameplay. The upgraded "Money-Saving Magic Coupons" channel is located in the prime position at the top of the Xianyu homepage. The platform will screen out sellers with good service and excellent prices through a bidding mechanism and a credit mechanism and include them in the top recommended positions of the channel. It will also launch diversified gameplay such as live broadcasts and price guessing for free orders during the May Day period.
VOYAH Zhiyin Wins the Title of the Most Reliable Pure-Electric SUV with a Quality of 200,000 Yuan
36Kr learned that recently, the China Automobile Quality Network released the quality ranking of new energy mid-sized SUVs (pure-electric models) for the first quarter of 2025. The GAC Aion AION LX, VOYAH Zhiyin, and Tesla Model Y ranked in the top three respectively. The above three models have excellent safety performance in the industry, reliable quality, and good comprehensive quality performance. In addition, VOYAH Zhiyin ranked second this time, which not only withstood the market test but also fully demonstrated its competitiveness in the segmented market of new energy SUVs in the 200,000-yuan class.
Shanghai SciDeep Technology's Medical Large Model Wins the Championship in the MedBench Evaluation
36Kr learned that recently, the medical large model evaluation platform MedBench updated the list on its official website. Shanghai SciDeep Technology's DeepBlue-MR-v1 medical large model led the MedBench medical large model list with the first place in the complex medical reasoning evaluation. It is understood that Shanghai SciDeep Technology's DeepBlue-MR-v1 medical reasoning large model is good at tasks such as clinical medical consultations, auxiliary medical diagnoses, and formulating treatment plans.
New Products:
Mafengwo's AI Travel Assistant Officially Launched
36Kr learned that recently, Mafengwo announced the official launch of its self-developed AI travel assistant, "AI Xiaoma". After a comprehensive technological upgrade, "AI Xiaoma" is fully connected to the DeepSeek large model and also integrates Mafengwo's vertically fine-tuned model. Based on the massive real travel data accumulated over the decades and combined with cutting-edge large model technology, it is committed to eliminating the "hallucinations" of AI in the travel scenario and making every recommendation "well-founded". The officially launched "AI Xiaoma" supports functions such as real-time Q&A, itinerary planning, online travel guidance, and personalized recommendations. Users can click and use it in the search bar on the homepage of the Mafengwo APP and on the destination POI page.
Investment and Financing:
Nanjing Dark Bull Information Technology Co., Ltd. Receives 20 Million Yuan in Angel Round Financing
36Kr learned that recently, Nanjing Dark Bull Information Technology Co., Ltd. completed a 20 million yuan angel round financing. The financing funds will be used for product R & D, technological innovation, etc. It is understood that the company focuses on computer technology development and software services, e-commerce, the Internet of Things, smart agriculture, artificial intelligence and other businesses.
Today's Views:
36Kr learned that Yao Shangkun, the chairman of Guoxiong Capital Co., Ltd., said externally that China's artificial intelligence (AI) and embodied robot industries will lead the new round of global technological revolution. He pointed out that relying on technological accumulation, supply chain advantages, and policy support, China has formed significant competitiveness in the AI field. The Guangdong-Hong Kong-Macao Greater Bay Area has gathered more than 2,200 AI enterprises, with an industrial scale exceeding 300 billion yuan. Cities such as Shenzhen have become highlands for algorithm development and multi-lingual large model training.
Other News Worth Paying Attention To:
36Kr learned that the Chinese Academy of Labor and Social Security Sciences and Qingtuanshe, a one-stop flexible employment recruitment and management service platform, jointly released the "2025 Report on the Employment Development of Flexible Employment Platforms". The report shows that from the perspective of the portrait of the employment group on flexible employment platforms, the following three major trends are presented. The trend of younger employment is obvious. The number of young people under 24 years old participating in flexible employment reaches 121,400, accounting for nearly 60%. The participation rate of women in flexible employment is high, accounting for nearly 60%, with a total of 142,600 people, and the proportion of each age group over 30 years old is slightly higher than the overall level of the platform. The overall educational level is relatively high. The proportion of people with a bachelor's degree (associate degree) or above exceeds 60%. The educational levels are mainly bachelor's degree or above and associate degree, accounting for 28.38% and 35.03% respectively.
Bank data released in South Korea on the 27th showed that affected by the long-term economic downturn, the default rates of several major credit cards in South Korea rose to the highest level in a decade in the first quarter of this year. According to Yonhap News Agency, the data showed that the proportion of credit card overdue for more than one month in the first quarter of this year increased for several major credit card issuing institutions in South Korea, including Shinhan Bank, Kookmin Bank, Woori Bank, and Hana Bank, involving credit card payments, installment payments, and credit card loans. (Xinhua News Agency)
Yuyuantan Tian: Some Incremental Policies Will Be Introduced Before the End of June
On April 28, the State Council Information Office held a press conference. This press conference clearly conveyed two messages: 1. Regarding the difficulties and problems faced in economic operation, especially external shocks, our policy toolbox is rich, and there are sufficient contingency plans. It was mentioned at the press conference that most of these policies will be implemented in the second quarter. "These" include both established policies and new policies introduced according to changes in the external situation. Most of "these policies" will be introduced in the second quarter, that is, in the next two months. In particular, it is necessary to mention the response to the impact brought by the US wanton imposition of tariffs. Next, no matter how the US plays its cards and increases pressure, we are fully prepared. 2. Do our own things well, not only for the present but also for the long term. All parties are working hard. Every point mentioned at the press conference is a specific measure and will be gradually introduced in the future. These measures focus on solving the current urgent problems and also consider long-term development. (Yuyuantan Tian)