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DingTalk exec’s exit memo stirs debate

1d
Ebrun
Alibaba's internal forums lit up after Yuan An, DingTalk’s former product lead and a 15-year veteran, resigned and shared an exit memo lamenting lost values, missed tech shifts, and bureaucratic inertia. His reflections reportedly struck a nerve across China’s tech sector, where concerns over stagnation and “big company disease” continue to grow.

Switch 2 enters China via Hong Kong resale

1d
Nikkei Asia
Nintendo has yet to release the Switch 2 in mainland China, but Hong Kong units are being resold on JD.com and Taobao for over RMB 4,000, underscoring strong demand despite no official launch plans. Analysts warn that prolonged delays could fuel piracy and gray market expansion.

Kuaishou’s 618 event posts GMV gains

1d
Ebrun
Kuaishou’s 618 campaign saw strong GMV growth across shelf and content scenes, with search GMV up 143% and short video GMV rising 29% YoY. GMV from big-ticket items jumped 219%, while the number of sellers surpassing RMB 100 million grew 61%.

JD.com’s 618 orders top 2.2 billion

1d
Ebrun
JD.com ended its 618 festival with over 2.2 billion orders and more than 100% YoY growth in user numbers. Appliance and home category sales surged, with 15 new products surpassing RMB 100 million. Live stream sales rose 285%, while hot weather drove demand for AI-powered air conditioners and summer goods. JD Mall’s offline stores also posted triple-digit gains.

Gross, Friedman join Meta’s AI ranks

1d
CNBC
Meta is hiring Daniel Gross and Nat Friedman, key figures behind AI startup Safe Superintelligence and VC firm NFDG. The duo will work with Scale AI’s Alexandr Wang, brought on through a USD 14.3 billion deal. Meta will also take a stake in NFDG.
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