Krypton Evening News | Baidu Search Connects to MCPs of the Rijksmuseum in the Netherlands, Ctrip, Tongcheng, etc.; The Number of Full-time Food Delivery Riders Exceeds 150,000, and JD.com Pays an Average of About 2,000 Yuan per Person per Month for Five Social Insurances and One Housing Fund; European Experts: US Tariffs Hit European Exports
Large Companies:
Pop Mart: Revenue Reached 13.88 Billion Yuan in the First Half, a Year-on-Year Increase of 204.4%
36Kr learned that Pop Mart released its semi - annual report for 2025. The financial report shows that in the first half of the year, Pop Mart's revenue reached 13.88 billion yuan, a year - on - year increase of 204.4%, and the adjusted net profit was 4.71 billion yuan, a year - on - year increase of 362.8%. By region, the revenue in China was 8.28 billion yuan, a year - on - year increase of 135.2%; the revenue in the Asia - Pacific region was 2.85 billion yuan, a year - on - year increase of 257.8%; the revenue in the Americas was 2.26 billion yuan, a year - on - year increase of 1142.3%; the revenue in Europe and other regions was 0.48 billion yuan, a year - on - year increase of 729.2%.
Baidu Search Connects with MCPs of the Rijksmuseum, Ctrip, Tongcheng, etc.
36Kr learned that Baidu Search Open Platform has officially connected with the MCPs of the Rijksmuseum, Ctrip tickets, Tongcheng air tickets and train tickets. It is understood that the Baidu Search Open Platform - MCP Square has included more than 22,000 MCP servers, covering functional categories such as efficiency tools, weather and geographical location, and content generation. It is the largest and most comprehensively included MCP search open platform in the country.
Apple to Increase iPhone Production in India for New Models in the US Market
According to foreign media reports, Apple is increasing the production of iPhones in five factories in India to supply new models for the US market. (Yicai Global)
36Kr learned that according to JD.com's official announcements, as of now, the number of full - time food delivery riders of JD.com has exceeded 150,000. The company pays social insurance and housing fund for all of them and bears all the costs, with an average payment of about 2,000 yuan per person per month.
36Kr learned that DZH released an announcement on the abnormal fluctuations in stock trading. The cumulative deviation value of the daily closing price increase of the company's stock trading exceeded 20% within three consecutive trading days. Currently, there is high market attention on "stablecoins", "virtual asset trading", "cross - border payments", etc. After the company's self - inspection, the company currently has no relevant qualifications and has not carried out related businesses. In addition, the company has not found other media reports, market rumors, and market hot concepts that may have a significant impact on the company's stock trading price and need to be clarified or responded to.
Report: Masayoshi Son Once Negotiated to Acquire Intel's Foundry Business
It is reported that SoftBank founder Masayoshi Son had talks with Intel CEO Pat Gelsinger about acquiring its troubled foundry business several weeks before announcing a $2 billion investment in Intel this Monday. The talks could have multiple outcomes, including forming a joint venture with a third - party or making a minority equity investment similar to the one announced on Monday. (Sina Finance)
36Kr learned that according to the Aiqicha App, recently, Ninebot Lingdong (Changzhou) Technology Co., Ltd. was established. The legal representative is Zhang Zhenyuan, and the registered capital is 100 million yuan. Its business scope includes the wholesale of motorcycles and spare parts, the sale of electric bicycles, the retail of bicycles and spare parts, etc. The equity penetration map shows that the company is wholly - owned by Segway Inc., which is a wholly - owned subsidiary of Ninebot Limited.
36Kr learned that according to the Aiqicha App, recently, Tianjin Xinrong Sushan Enterprise Management Center (Limited Partnership) was established with a capital contribution of 1.6 billion yuan. Its business scope includes enterprise management, investment activities with self - owned funds, asset management services for self - owned funds investment, and information consulting services. The equity penetration map shows that the company is jointly held by Seazen Group Enterprise Management Co., Ltd., a subsidiary of Seazen Group Co., Ltd., the Jiangsu Branch of China CITIC Financial Asset Management Co., Ltd., and Beijing Rongkaide Investment Management Co., Ltd.
Is Arm Challenging NVIDIA? Reportedly Hiring Amazon AI Chip Expert to Develop In - house Chips
According to people familiar with the matter, Arm Holdings has hired Rami Sinno, the former director of Amazon's artificial intelligence chip division, to participate in its in - house complete chip development plan. Sinno was previously responsible for the research and development of Amazon's self - developed AI chips Trainium and Inferentia, which are specifically designed for building and running large - scale AI applications. (Zhitong Finance)
Investment and Financing:
New Hedge Fund Founded by Former Goldman Sachs Trader Reportedly Gets $1 Billion from Millennium
The new hedge fund company founded by Qin Xiao, the former co - head of Goldman Sachs' global commodities trading team, has received an investment from Millennium Management LLC. According to people familiar with the matter, Nexus Commodities Capital Management Pte, headquartered in Singapore, plans to start trading later this year, with about $1 billion from Millennium and additional cash from other investors. The people said that Qin Xiao will operate an independently managed account for Millennium on a non - exclusive basis. (Sina Finance)
Today's Views:
European Experts: US Tariffs Hit European Exports
Carsten Brzeski, head of macro research at ING, said on the 18th that the latest trade data shows that the US high - tariff policy has hit European exports. Brzeski said that the data released by Eurostat that day showed the situation of European exports after the first round of US tariff shocks. Overall, European industrial data has been highly volatile in the first few months of this year. This is mainly because companies rushed to export to the US before the tariffs took effect and then reduced exports due to high tariffs. Brzeski believes that since the beginning of the year, factors such as the strengthening of the euro, US tariff measures, the uncertainty of the global trade outlook, and the fierce competition faced by European exporters may continue to drag down European exports in the future. (Xinhua News Agency)
Other Noteworthy News:
Thailand to Simplify the Process of Converting Cryptocurrencies into Thai Baht to Stimulate Tourism
Thailand will simplify the process for foreign tourists to convert cryptocurrencies into Thai baht. According to reports, the Thai government hopes to stimulate tourism in this way. The country relies on tourism and sees cryptocurrencies as an innovation that may help increase the number of tourists. However, goods cannot be directly purchased with cryptocurrencies. Digital assets must be converted into Thai baht. In addition, the "Tourist Digipay - Programm" will only be piloted for 18 months. (Sina Finance)
36Kr learned that the General Office of the People's Government of Guangdong Province issued the "Several Policy Measures for Promoting the High - quality Development of Commercial Space in Guangdong Province (2025 - 2028)", which proposed to strengthen research on key core technologies. Enterprises are encouraged to focus on core technology research in areas such as reusable liquid rocket engines, a new generation of low - cost satellites and key payloads, satellite constellation networking, measurement, control and operation, and direct - to - satellite communication. With applied basic research, innovative product R & D, and technology verification and demonstration as the focus, they will be preferentially included in the support directions of relevant science and technology projects at the provincial and municipal levels. Enterprises are supported to apply for "National Major Science and Technology Projects", "National Key R & D Program Projects", and "National National Defense Science and Technology Projects". For national major science and technology project projects that meet the matching conditions, the provincial government will provide matching funds of no more than 50% as stipulated. Enterprises are supported to increase R & D investment, and the policy of 100% pre - tax additional deduction for enterprise R & D expenses will be implemented.
36Kr learned from the Information Office of Hainan Province that recently, Hainan issued the "Administrative Measures for the List of High - end and Scarce Talents Enjoying Personal Income Tax Incentive Policies in Hainan Free Trade Port", which optimized and improved the old measures issued in 2022. The calculation method of "accumulatively residing for 183 days" is optimized. Reasonable days of business trips, vacations, study and training off the island will be included in the statistics of residence days, and it is clearly stated that "the actual residence in Hainan Free Trade Port shall not be less than 90 days".