China's billionaire population has grown faster than United States over the past decade
According to the 2024 Billionaires Report published by Henley & Partners, a wealth and investment immigration consulting firm, there are currently 29,350 individuals with liquid investable assets of $100 million or more worldwide. The number of billionaires in United States and China has surged, significantly surpassing Europe. China's billionaire population has grown by 108 percent over the past decade, a growth rate that has outpaced even United States, while the number of super-rich United States has grown by 81 percent over the same period. By contrast, Europe's billionaire growth has been lackluster, growing by just 26% over the past decade.
TikTok dominates the Southeast Asian e-commerce market
Netcore Cloud has released a comprehensive report, Southeast Asia E-commerce Market Insights 2024, which provides an in-depth analysis of the evolving e-commerce landscape in Southeast Asia. The report shows: TikTok stores dominate, but Instagram and WhatsApp stores are rapidly emerging, with nearly 90% of consumers praising their ease of shopping. Southeast Asian consumers are looking for personalized shopping journeys powered by generative artificial intelligence (Gen AI), which includes rapid product discovery, accurate recommendations, and reduced marketing distractions.
Purdue releases its first humanoid robot
On September 19, Pudu Robotics, a global leader in service robots, officially released its first generation of humanoid robot PUDU D7. Based on the bionic double-arm and omnidirectional mobile chassis design, PUDU D7 is able to perform complex tasks in multiple scenarios to better meet the diverse needs of customers across industries. The robot is expected to be fully commercialized in 2025, bringing a breakthrough to the commercial application of universal embodied service robots. The release of PUDU D7 marks an important step in Purdue's efforts to build purpose-built robots, humanoid robots, and humanoid robots.
Olight opens the world's first flashlight experience store in Las Vegas
Olight, which is committed to becoming the world's leading brand of mid-to-high-end flashlights, opened the world's first flashlight experience store in the Las Vegas Fashion Show Mall. Olight also hosted important new product launches. At the event, Olight released five new products: Arkfeld Ultra, Baton Turbo, Perun 3, Sphere, and Arkfeld Pro (Paw version). Among them, the Arkfeld Ultra uses a new aluminum alloy material, making it one of the strongest and scratch-resistant flashlights in the world.
DHL Express opens its second direct service facility in Changsha
On September 20, DHL Express Changsha Hexi Base Station was officially opened. This is the second directly operated service facility opened by the company in Changsha after the Changsha Service Center. Changsha City is divided into Hedong and Hexi with the Xiangjiang River as the boundary. Previously, all DHL Express goods in Changsha were handled by the Changsha Service Center in Hedong. With the continuous increase in cargo volume, in order to ensure operational efficiency and customer experience, DHL Express has set up a new Hexi base station to facilitate the completion of pre-processing of goods in Hexi nearby, thereby alleviating the operational pressure of Changsha Service Center. After the opening of the new base station, it is expected that the daily transfer trucks can depart half an hour earlier, and the transfer time will be improved.
波士顿科学完成对Silk Road Medical的收购
Boston Scientific announced on September 18 that it has completed the acquisition of Silk Road Medical, Inc. The company is a medical device company that has pioneered a new approach to stroke prevention and treatment of carotid artery disease through a minimally invasive procedure, transcarotid revascularization (TCAR). Upon completion of this acquisition, Boston Scientific will enhance vascular technology solutions by making the innovative TCAR platform available to more physicians and their patients through extensive commercial coverage. The equity acquisition is valued at approximately $1.18 billion.
Switzerland sports brand "On" Wuhan SKP store opened
On September 20, the Switzerland sports brand "On" Wuhan SKP store opened. As the largest "On" physical store in China, Wuhan SKP store is an important step for the brand to base itself in Wuhan and lay out the Central China market, injecting new vitality into the commercial layout, sports consumption and lifestyle in Central China. With an area of more than 400 square meters, "On" Wuhan SKP store is currently the largest and most complete store in China. The store showcases the five major scenarios of running, fitness, outdoor, tennis and sports life, with high-performance and pioneering footwear, apparel and accessories, providing users with a comprehensive brand experience.
The world's first SHAKE SHACK SCOOP ice cream station store was unveiled in Shanghai
Shake Shack, a world-renowned high-end casual food brand, has once again set off a gastronomic storm in Shanghai, China with its unique market insight and innovative spirit. On September 22nd and September 26th, Shake Shack will unveil two new stores in Shanghai - Shanghai Yuyuan Store and Shanghai Huiju Store, among which Shanghai Yuyuan Store has been given a special mission to become the world's first "SHAKE SHACK scoop Ice Cream Station" specialty store. This initiative not only marks Shake Shack's deep cultivation in the Chinese market, but also indicates that Shake Shack will bring more unprecedented food surprises and experiences to Chinese consumers.
Hilton Hotels & Resorts returns to downtown Shanghai
Hilton announced on September 20 that the opening of the Hilton Shanghai Midtown Hotel marks the official return of Hilton Hotels & Resorts, Hilton's flagship brand, to downtown Shanghai. The hotel is invested and built by Shanghai Yuchang Real Estate Development Co., Ltd. and operated and managed by Hilton Group. Located in the bustling area of Jing'an District and Changning District of Shanghai, the overall design of the hotel from the lobby area to the guest rooms is inspired by the combination of Chinese and Western styles of Shanghai's "Old Western-style Houses", which exquisitely integrates the elements of dignity and elegance into the living space of the contemporary city, forming a modern touch of low-key luxury and restrained elegance. The hotel has a total of 381 rooms and suites.
LEGOLAND Shanghai Resort will open in 2025
Legoland Shanghai Resort, an international IP theme park under Merlin Entertainment Group, an internationally renowned entertainment attraction operating company, announced that it will open in 2025. Located in Fengjing Town, Jinshan District, LEGOLAND Shanghai Resort is the first comprehensive tourist destination in China for families aged 2-12, including a LEGOLAND theme park consisting of eight themed areas and a LEGO-themed hotel. Up to now, the civil works of LEGOLAND Shanghai Resort have been completed, and the main structure of the main single building has been completed, including the core single structures such as LEGOLAND Creative World, Wukong Kid Huaguo Mountain Adventure, LEGOLAND Castle and LEGOLAND Hotel. (PR Newswire Headline)
Read more: Leading a New Era of Universal Embodiment: Purdue Releases First Humanoid Robot, PUDU D7
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