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According to “SSE STAR MARKET Daily”on May 29th , recently Zhejiang Maojing (Magic Mirror) Artificial Intelligence Technology Co., Ltd. was newly established. The legal representative of the company is Ku Wei, with a registered capital of 50 million RMB (8 million dollars).

Its business scope includes sales of artificial intelligence hardware, education and consulting services, etc. According to public information, Ku Wei currently serves as the general manager of the Tmall Genie Division — the smart speaker business for Alibaba. Tmall Genie responded that this change is part of the company’s normal operation and management behavior, and it is considering launching smart hardware products.


On May 4th, Alibaba’s “Tmall Hong Kong” launched a trial operation. All products on the platform are shipped locally by local merchants. Consumers can track the status of their orders at any time at home.

At present, “Tmall Hong Kong” has already launched more than 2,000 domestic and foreign brands…


Before February this year , Bytedance’s local life business’s annual goal is: 20 billion RMB (in store) by the end of 2021 . This number is slightly lower than one-tenth of Meituan ‘s GMV in store, hotel and travel business in 2019.

People familiar with the matter said that the…

Vicky Li

Internet Veteran in US and China

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