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Home > Latest

Tianrongxin: Has not yet provided security protection to ByteDance's Seedance 2.0.

date
27/02/2026
Tianrongxin stated on the interactive platform on February 27 that the company has not yet provided security protection for ByteDance's Seedance 2.0.
Latest
2 m ago
On the evening of February 26, Luckin Coffee released its 2025 financial report, with annual revenue reaching 49.29 billion yuan, a year-on-year increase of 43%; annual sales of freshly brewed beverages reached 4.1 billion cups, equivalent to an average of about 3 cups of Luckin Coffee consumed by each Chinese person last year. At the performance meeting, Luckin Coffee CEO Guo Jin Yi also responded to issues such as the cooling of the delivery war and market competition in 2026. Regarding the impact of the follow-up market after the delivery war, Guo Jin Yi stated that the subsidy intensity of delivery platforms in the fourth quarter has significantly decreased during the off-season of the industry. Although the proportion of delivery has decreased compared to the previous period, it is still at a relatively high level. The follow-up subsidy strategies of delivery platforms will continue to change, and the volume structure will gradually return to self-pickup, which will take a certain process. Considering the high base brought by the large-scale subsidies of platforms in 2025, the same-store and profit performance of Luckin in 2026 may have some temporary fluctuations and challenges, which also conform to objective laws. The Chinese coffee market is currently in a period of rapid growth opportunities, and short-term fluctuations will not change the long-term growth logic. (Yi Cai).
2 m ago
In 2025, on average, each Chinese person drinks 3 cups of Luckin Coffee. CEO responds to the impact of the cooling of the food delivery war.
6 m ago
South Korea's $1 trillion pension fund achieves historic best returns with KOSPI soaring
9 m ago
Exchange filing disclosure: Vietnamese VinGroup group approved a plan to issue up to $350 million in bonds on foreign stock exchanges.
9 m ago
Automatically identifying congestion, issuing real-time solutions, Shanghai traffic police try AI congestion control.
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