Search…

The second batch of additional participating companies in Shanghai's consumer subsidy program are announced, including Meituan and Ele.me.

07/05/2025

On May 6th, it was learned from the Shanghai Municipal Commission of Commerce that in order to implement the subsidy policy for household appliances, mobile phones, and home decoration consumption in Shanghai by 2025, a new list of participating enterprises for the subsidy activities has been announced after the procedures of enterprise application, industry association preliminary review, relevant authorities consultation and deliberation. The list includes e-commerce platforms such as Meituan and Ele.me.

Latest

10 m ago

Statement: No Pakistani military facilities are being targeted for attack.

11 m ago

Spokesperson of Pakistan International Airlines (PIA) stated that the flights that had already taken off have been diverted to Karachi.

11 m ago

AMD reported a first quarter revenue of $7.44 billion, exceeding analysts' expectations of $7.12 billion. Capital expenditures for the first quarter were $2.12 billion, higher than analysts' forecast of $1.726 billion. Research and development expenses for the first quarter were $1.73 billion, slightly higher than analysts' estimate of $1.69 billion. It is expected that the revenue for the second quarter will be around $7.4 billion, plus or minus $3 billion. AMD's stock price fell in after-hours trading.

11 m ago

In the first quarter, AMD's revenue was $7.44 billion, while analysts expected $7.12 billion. Capital expenditures for the first quarter were $2.12 billion, higher than analysts' expectations of $1.726 billion. Research and development expenses in the first quarter were $1.73 billion, slightly higher than analysts' expectation of $1.69 billion. It is expected that the revenue in the second quarter will be approximately $7.4 billion with a range of +/- $300 million. AMD's stock fell after hours.

21 m ago

Super Micro Computer reported net sales of $4.6 billion in the third quarter, lower than analysts' expectations of $4.76 billion. The company is forecasting full-year net sales of $21.8 billion to $22.6 billion, down from the original forecast of $23.5 billion to $25 billion. For the fourth quarter, the company expects net sales of $5.6 billion to $6.4 billion, below analysts' expectations of $6.59 billion.

See all latest