以下文章来源于旅界 ，作者需要铂金包的妈咪 旅界 . 跟踪时代浪潮，讲述文旅商业好故事。 来源丨旅界（tourismzonenews） 作者丨theodore熙少 图源丨Midjourney 昨天，贵阳珍珀酒店 加入 立鼎世晚宴 上 ，我 遇到 了 几个老朋友 。 有 资深媒体人 ，也有酒店 从业者， 聊着聊着， 大家 不约而同地说到一个 近期酒店圈的热门 关键 词： 羊毛 党 。 说完，全桌人集体叹气。 这不是小问题，是行业之痛。 上周， 一个 00后女孩 在 上海 住了十几晚酒店 ， 每次退房都说：皮肤过敏、房间不干净、影响睡眠 ， 堪称酒店界皮肤科豌豆公主，外加研究酒店羊毛的爱因斯坦。 结果怎么样？ 家家中招， 十几 家酒店 房费全退 ， 而她 零花钱都省了 ， 最终 露出马脚才 被警方拘留。 白嫖，不再是顺手捞点便宜，而是成了一门专业技能。 他们 不是不懂规则 ， 是懂太多 。 他们 不但 懂心理学 ， 更 懂 "投诉一个差评能让你月KPI全砸"。 所以， "酒店羊毛党 " 一出手，就是熟练动作 ： 他们会 蹭早餐、薅 客房 用品、要送房券。 她翻车了，但她不是个例。她是最会演的，但不是唯一会薅的。 ...

Core Viewpoint - Google is transitioning to AI-driven search modes to address the competitive threat posed by AI chatbots, which have significantly reduced its market share in search from over 90% to an estimated 65%-70% [7][9][31]. Group 1: Google and AI Search Transition - Google announced the launch of its AI Mode, powered by Gemini, which allows for natural language interaction and structured answers, moving away from traditional keyword-based searches [4][7]. - In 2024, Google's search business is projected to generate $175 billion, accounting for over half of its total revenue, highlighting the financial stakes involved in this transition [7]. - The urgency for Google to adapt stems from the increasing competition from AI chatbots that are capturing user traffic, prompting a strategic shift in its search approach [7][9]. Group 2: Market Dynamics and Competitor Analysis - The AI search engine Perplexity saw its user traffic grow from 45 million to 129 million, a 186% increase, but faced significant financial challenges, including a net loss of $68 million in 2024 [9][12]. - The overall funding for AI search products has decreased, with only 10 products raising a total of $893 million from August 2024 to April 2025, compared to 15 products raising $1.28 billion in the previous period [15][16]. - The competitive landscape is shifting, with established players like Google and Perplexity facing pressure from new entrants and the need for differentiation in a crowded market [31][32]. Group 3: Emerging Trends in AI Search - The trend is moving towards smaller, more specialized AI search engines that cater to specific industries or use cases, rather than attempting to replicate a general search engine like Google [17][31]. - New AI search products are focusing on niche areas such as health, law, and video content, which may provide a competitive edge against generalist platforms [34][51]. - The integration of reasoning models in AI search products is expected to enhance user experience and reduce inaccuracies, a significant improvement over previous models that struggled with "hallucination" issues [26][30]. Group 4: Financial and Operational Challenges - The financial viability of AI search startups is under scrutiny, as many are unable to convert user engagement into sustainable revenue, leading to a cautious investment environment [31][53]. - Google is exploring monetization strategies for its AI search, but there are concerns that the new AI formats may reduce click-through rates for traditional search ads [53].

Group 1 - EV Electra plans to invest $1 billion in the restructuring of Chinese electric vehicle company HiPhi, with a commitment for at least 100,000 vehicles or $3 billion in overseas orders over the next three years [3] - ByteDance emphasizes a "zero tolerance" policy towards corruption and bribery, warning partners that any violations will result in being blacklisted from future collaborations [3] - Analyst Ming-Chi Kuo states that Apple would rather absorb a 25% import tariff than move production to the U.S., citing the high costs associated with establishing domestic manufacturing [5] Group 2 - Red Star Macalline's new chairman, Li Yupeng, expresses confidence in the company's future despite recent challenges, stating that the team is motivated to achieve significant growth [8] - Gree Electric's chairman, Dong Mingzhu, hints at the possibility of Meng Yutong returning to the company after her studies abroad, despite company policies against re-hiring former employees [8] - Xiaomi's CEO Lei Jun discusses the design philosophy of the new Xiaomi YU7, emphasizing its intuitive features and long-lasting design [11] Group 3 - The stock of Seres, a new energy vehicle company, surged amid rumors of a humanoid robot prototype being showcased on June 16, although the company has not confirmed these claims [13] - Tesla releases a video demonstrating its humanoid robot's capabilities, including household tasks and learning from online videos [13] - Yushutech announces a robot combat live broadcast event scheduled for May 25, showcasing advancements in robotics and AI [13] Group 4 - Miniso reports a 19% year-on-year revenue increase in Q1 2025, with overseas revenue growing by 30% and overseas stores exceeding 3,200 [17] - Faraday Future officially takes over a factory and operations center in Ras Al Khaimah, UAE, to support the production of its FF and FX models [17] - OpenAI's acquisition of AI startup io for nearly $6.5 billion is expected to lead to the production of new AI hardware by 2027 [17] Group 5 - Nissan anticipates an additional $418 million in restructuring costs due to a planned workforce reduction of 20,000 employees [19] - OnlyFans is reportedly in talks for a sale, with an estimated valuation of $8 billion [19] - Mirxes successfully lists on the Hong Kong Stock Exchange, focusing on miRNA technology for disease diagnostics [19] Group 6 - BMW announces the start of road testing for the first BMW i7 model equipped with solid-state batteries, marking a significant step in battery technology [20] - DeepBlue launches the S09, a family-oriented SUV featuring Huawei's HarmonyOS and advanced driver assistance technologies, with prices starting at 239,900 yuan [22] - Sensor Tower reports that Tencent's "Honor of Kings" topped the global mobile game revenue chart in April 2025, reflecting a strong performance in the gaming sector [24]

Group 1 - The BEYOND Expo 2025 highlighted the importance of creating unique and long-term value for local markets as a key factor for Chinese companies to succeed globally, according to Jia Yueting [1] - Jia Yueting identified four new pathways for Chinese companies to expand internationally: bridge models, industry and supply chain expansion, AI ecosystem development, and Web3 ecosystem expansion, which are expected to reshape the global business landscape [1] - NetEase Intelligence launched the CoreAgent intelligent agent development platform, providing a comprehensive solution for enterprises to accelerate their digital transformation [2][3] Group 2 - NetEase Intelligence also introduced various industry-specific digital employees, including product recommendation, after-sales service, private domain operations, intelligent outbound calling, and financial data analysis agents [2] - Google announced the rollout of its AI Mode, which has faced criticism from the News/Media Alliance for allegedly stealing traffic and revenue from publishers [2] - Cainiao plans to launch multiple new unmanned vehicle models with enhanced AI autonomous driving and human-machine interaction capabilities starting in June [2]

以下文章来源于睿兽Pro ，作者Bestla 睿兽Pro . 创业邦旗下横跨一二级市场的科创数据平台。实时投资数据、追踪产业创新。找数据、做分析、链资 源，就上睿兽分析。 新晋独角兽 全球新晋独角兽数量较 2024 年同期有所下降 2025Q1 全球新增 19 家独角兽企业，同比下降 26.9% （ 2024Q1 新晋独角兽 26 家）；环比下 降 13.6% （ 2024Q4 新晋独角兽 22 家）。新晋独角兽平均估值 15.3 亿美元，同比持平（ 2024Q1 平均估值 15.3 亿美元）；环比下降 34.2% （ 2024Q4 平均估值 23.2 亿美元）。 美国新晋独角兽数量领先，领跑全球 202 5 Q1 全球新晋独角兽 企业数量降至 20 家以下，为 19 家 。同比下降 26.9% ，环比下降 13.6% ；中国新晋独角兽 3 家，同比下降 57.1.0% ，环比增加 200.0% 。 人工智能、企业服务、 智能制造 等赛道持续火热。 202 5 Q1 全球新晋独角兽企业主要分布在人工 智能（ 7 家）、企业服务（ 3 家）、 智能制造 （ 2 家）等行业。 中国独角兽青睐港股 IPO 。 20 ...

Group 1 - Xiaomi's YU7 will make its debut at the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show, which will take place from May 31 to June 8, 2025, at the Shenzhen International Convention and Exhibition Center [1] - HiPhi's Yueda Kia factory in Yancheng plans to complete a technological upgrade by October 2025, with a total investment of 17.96 million yuan, aiming for a production capacity of 150,000 vehicles annually [1] - Faraday Future has officially received its factory and operations center in Ras Al Khaimah, UAE, which will support the production of FF and FX models [1] Group 2 - Nissan anticipates an additional restructuring cost of approximately 418 million USD due to a planned layoff of 20,000 employees, following a net loss of about 4.5 billion USD in the previous fiscal year [1]

来源丨 蓝字计划（ID：NPO2020） 以下文章来源于蓝字计划 ，作者Hayward 蓝字计划 . 记录智能时代的每一次浪潮！前沿科技捕手，AI产品深度洞察。重点关注人工智能、机器人、新能源 车与硬科技。 作者丨 Hayward 图源丨Midjourney 在网上发一些反对游戏的言论，轻松就能获客并年入千万？ ——像这样的事情，在这个世界正真实发生着。由网红教育大 V 、"问题少年"的家长、还有带着神秘色 彩的机构一起，构造出的"反游戏"产业链，它的年产值，已超 700 亿。 "魏教官"是华南地区一家知名的"少年特训营"的招生负责人，同时也是这个机构的副总经理，一般来说， 我应该叫他"魏总"，但见面时他穿着迷彩服，跟我介绍自己是"魏教官"。 为了解这个特训机构的情况，我从抖音取得联系，假以"十岁的孩子沉迷游戏"为由求见。 700 亿是什么概念？ 2024 年全年，中国电影总票房 425.02 亿元。而这个产业，年产值比中国电影总票房 还要多 65% 。 产业链上的众多机构，营收上亿的不为少数，几乎与中型游戏公司不相上下。 "反游戏"已成为一项热门的生意。 新型戒网瘾学校 一半客户来自短视频 对于这个"十岁、 ...

Core Viewpoint - The article discusses the rise of the energy drink brand Monster in China, its association with the "地雷系" (Dilei system) subculture, and the challenges it faces in a competitive market where it struggles to resonate with the broader youth demographic [60][88]. Group 1: Brand Identity and Market Position - Monster is a relatively young but rapidly growing American brand that captured over 30% of the U.S. energy drink market by 2020, second only to Red Bull [60]. - The brand has been marketed towards extreme sports and youth culture, but its appeal in China has been limited due to cultural differences [60][88]. - Monster has launched over 150 new flavors and designs to cater to the personalized needs of young consumers, but its branding has become closely tied to a niche subculture [66][88]. Group 2: Cultural Relevance and Consumer Behavior - The "地雷系" subculture, characterized by its unique aesthetic and lifestyle, has adopted Monster as a fashionable symbol, leading to a shift in the brand's identity from a mainstream energy drink to a niche product [37][48]. - The article highlights that while Monster has gained popularity among a specific group, it has lost broader appeal, as evidenced by its absence from the top five energy drink brands in China, which collectively hold 83% of the market [78][88]. - The cultural disconnect is evident as Monster's marketing strategies, which emphasize extreme and rebellious themes, do not align with the current preferences of Chinese youth, who prioritize self-care and emotional management [84][86]. Group 3: Competitive Landscape - The energy drink market in China is highly competitive, with established brands like Red Bull and Eastroc dominating various consumer segments [71][72]. - Monster's entry into the market faced significant challenges due to the already saturated landscape, leading to limited market penetration [70][88]. - The brand's attempt to introduce localized flavors, such as the "龙茶" (Dragon Tea), has not resonated with the target demographic, further complicating its market position [77][88].

Core Viewpoint - In Q1 2025, China's Corporate Venture Capital (CVC) sector experienced a significant decline in both the number of newly registered funds and the total fund size, indicating a challenging investment environment [2][3]. Fund Overview - In Q1 2025, 43 new CVC funds were registered, representing a year-on-year decrease of 35.82% and a quarter-on-quarter decrease of 30.65%. The total fund size was 17.988 billion yuan, down 72.03% year-on-year and 53.57% quarter-on-quarter [3]. - The majority of new funds were concentrated in Zhejiang and Guangdong, with Zhejiang leading with 12 funds, accounting for 27.91% of the total [5]. Investment Overview - A total of 125 CVCs participated in 175 investment events in Q1 2025, marking a year-on-year decline of 55.47% and a quarter-on-quarter decline of 20.81%. The disclosed total financing amount was 24.385 billion yuan, down 56.37% year-on-year and 69.73% quarter-on-quarter [7]. - The most active sectors for CVC investments were artificial intelligence and smart manufacturing, each with 46 financing events, followed by healthcare, materials, and enterprise services [9]. Regional Investment Focus - CVC investments were heavily concentrated in five regions: Guangdong, Jiangsu, Beijing, Shanghai, and Zhejiang, which accounted for 80.23% of all financing events [11]. Participation in Large Financing Events - CVCs participated in 5 large financing events (each over 100 million USD), representing 16.67% of the total large financing events in the primary investment market, the lowest proportion since 2024 [13]. - The sectors involved in these large financing events included artificial intelligence, enterprise services, smart manufacturing, materials, and blockchain [14]. IPO Participation - In Q1 2025, 64 Chinese companies completed IPOs, with 16 of them supported by CVCs, resulting in a CVC penetration rate of 25.4% [17]. - Notable IPOs included Mixue Ice City, which had a market value of nearly 150 billion yuan at the end of Q1 [18]. M&A Activity - CVCs were involved in 38 M&A events as buyers, with the healthcare sector leading with 7 events, followed by energy and enterprise services [19]. - As sellers, CVCs participated in 27 M&A events, with the energy sector also leading in terms of transaction value, totaling 634.67 billion yuan [21].

以下文章来源于中国企业家杂志 ，作者李欣 中国企业家杂志 . 讲好企业家故事，弘扬企业家精神 来源丨 中国企业家杂志（ID：iceo-com-cn） 作者丨 李欣 编辑丨 米娜 图源丨 受访者 再见面时，张子龙看上去没太大变化，还是朴实的穿搭——黑色套头卫衣，脚踩洞洞鞋。他一边接受采访，一边喝珍珠奶茶，讲起话来略显腼腆。 如果他不说，第一次见他的人很难相信，这是一个2024年销售额突破15亿元企业的"接班人"。 2002年，麻辣王子创始人张玉东进入辣条行业，7年后注册新品牌麻辣王子，多年来公司聚焦一款大单品——麻辣辣条。 3年前，张子龙从宁波诺丁汉大学毕业，投了600多份简历也没找到心仪的工作，最后，他在父亲张玉东的建议下给麻辣王子投了简历，以品牌专员的身份 进入了公司。 前段时间，为了孵化个人IP，他重新招聘了一位编导。对方在他身边坐了一下午，就给张子龙贴上了"炸裂级直男穿搭""洞洞鞋总裁"等标签。他向记者说 出这些标签时，自己也没忍住笑了出来。 笔者分别在去年夏天和今年春天，两次见到张子龙。 初见面时，他刚升任线上营销负责人不久，因"被瞒亿万家产20年"的爽文人设在社交平台走红。 2023年，"麻辣王子创 ...