Xiaomi's "Just a Little Profit": The Deep Logic and Sustainability Behind its Low-Margin Strategy
Xiaomi's "Just a Little Profit": The Deep Logic and Sustainability Behind its Low-Margin StrategyOn March 24th, Xiaomi Group founder Lei Jun reiterated the company's core business philosophy in a public speech: "We have restrained our greed and only make a little profit." This concise statement is not only Xiaomi's long-standing corporate spirit but also reveals the underlying logic behind the tech giant's sustained competitiveness in a fiercely competitive market...
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Tesla shares fell nearly 10% Gross margin fell to 18.2% in the second quarter
On Thursday, July 20th, after the US stock market closed, Tesla's stock price fell 9.74% to $262...
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Tesla's Q2 2023 profit margin has declined for the third consecutive quarter
Global Network Technology Comprehensive ReportOn July 20th local time, Tesla released its financial report for the second quarter of 2023. According to the financial report, Tesla's revenue in the second quarter was $24...
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Exclusive Baidu Vice President Ma Jie resigns, leading to a crisis of marginalization for the metaverse business "Xirang"
Interface News Reporter | Cui PengInterface News Editing|According to the interface news, Ma Jie, Baidu Vice President and head of Baidu's "Xirang" business, has recently resigned. Although the Xirang team has not been disbanded, the future is currently unclear, and some personnel have already transferred or resigned...
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