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Multiple institutional reports show China’s takeaway/instant-delivery market has stabilized; Taobao Flash’s share in Q2 remained around 40–45%. Goldman Sachs (Aug) estimates daily orders in the June quarter 2026 at Meituan 80mln, Alibaba 66mln, JD 16

2026-08-27

Multiple institutional reports show China’s takeaway/instant-delivery market has stabilized; Taobao Flash’s share in Q2 remained around 40–45%. Goldman Sachs (Aug) estimates daily orders in the June quarter 2026 at Meituan 80mln, Alibaba 66mln, JD 16mln, implying shares of 49%:41%:10%; Goldman’s tracking says absolute daily volumes have shifted since Sept but relative shares are broadly unchanged. Analysys (Aug) reports Q2 market shares of Taobao 45.7%, Meituan 45.3%, JD 7.7%, Douyin 1.3%. A Guoxin Securities July industry briefing cited insiders saying June shares were about Meituan 52%, Taobao Flash 41%, JD 7%.

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2026-08-27

[DeepSeek Reportedly Plans to Raise $7.4 Billion, Valuation Rises to $74 Billion] According to foreign media reports, DeepSeek is about to secure a new round of funding, which will bring the company's valuation to $74 billion. Sources familiar with t

[DeepSeek Reportedly Plans to Raise $7.4 Billion, Valuation Rises to $74 Billion] According to foreign media reports, DeepSeek is about to secure a new round of funding, which will bring the company's valuation to $74 billion. Sources familiar with the matter revealed that DeepSeek is seeking $7.4 billion to support research and development and expand its computing infrastructure. This funding round signifies a further increase in valuation compared to its previous funding round in June. Previously, it was reported that investors, including Tencent, valued DeepSeek at over $50 billion. In this latest funding round, existing shareholders, including investment firms Lisi Capital and Shixiang Capital, as well as CATL, will inject new capital into the company. In the previous funding round, DeepSeek required most investors to invest through a limited partnership managed by Liang Wenfeng; however, it is understood that in this latest round, the company will allow more investors to invest directly. Sources familiar with DeepSeek's financial situation revealed that DeepSeek's annual recurring revenue (ARR) has reached $500 million.
2026-08-27

Fujian province issued its 15th Five‑Year Sports Development Plan today, calling to deepen two‑way sports integration with Taiwan. The plan seeks more Fujian‑Taiwan joint teams in national leagues and aims to secure participation in national multispo

Fujian province issued its 15th Five‑Year Sports Development Plan today, calling to deepen two‑way sports integration with Taiwan. The plan seeks more Fujian‑Taiwan joint teams in national leagues and aims to secure participation in national multisport games. It targets hosting a number of Taiwan‑Fujian events organized by national single‑sport associations and exploring co‑hosting rotating regional basketball and baseball tournaments with Taiwanese organizations. The province will expand Fujian‑Taiwan sports industry cooperate parks and invite Taiwanese firms to provincial sports expos. It also plans to strengthen a joint Fujian‑Taiwan provincial baseball team, improve incentives for Taiwanese athletes, support existing professional baseball clubs and encourage new clubs to enter domestic and international professional competitions.
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