从 9 月 28 日 0 时开始，不仅 91 助手客户端无法启动、所有功能停服，官方网站、帮助中心及客服渠道 也将同步关闭。 在此期间，91助手向仍处于会员期的用户进行退费，但需要用户主动申请，未主动申请退费的用户将无 法获得退款。退款申请截止时间为2025年9月15日24:00，逾期将不再受理退款申请。对于 VIP 会员，官 方表示，会员服务截止日期晚于或等于 8 月 31 日的用户，均可申请从 9 月 1 日起的未使用期限的费用 退款。 公开资料显示，2007年，91 助手由网龙公司（NetDragon）旗下团队开发并发布。最初命名为91 手机助 手，核心功能为当时新出的智能手机iPhone 提供"越狱"、应用安装和文件管理等服务。 2009 年，91 助手开始拓展至安卓平台，新增 Android 刷机、手机管理等功能。此后这一应用的人气一 路飙升，当年几乎占据了国内手机助手市场 90% 的份额。随着智能手机普及，2012年，91 助手用户量 迎来爆发，成功突破 1 亿，下载量超100亿次，堪称移动互联网最早的流量入口之一。 图片来源：智通财经 已经面世近20年的91助手今日彻底关停。 9月28日，经典苹 ...

Core Points - 91 Assistant, acquired by Baidu for $1.9 billion, is shutting down its services on September 27, leading to the permanent loss of all user data [5][35][70] - The decline of 91 Assistant reflects a broader trend in the mobile application market, where third-party app stores are losing relevance as mobile ecosystems mature [15][72] Group 1: Company Background - 91 Assistant was originally developed as iPhone PC Suite by a user frustrated with iTunes, later acquired by NetDragon and rebranded [19][21] - At its peak, 91 Assistant had over 127 million users and 10 billion app downloads, making it one of the largest third-party app platforms in China [33] Group 2: Market Dynamics - The mobile application market was initially characterized by a lack of quality control, leading to the rise of third-party app stores like 91 Assistant and Wandoujia [16][28] - The acquisition by Baidu in 2013 aimed to secure a foothold in the mobile app distribution market, where Baidu's own app store had only a 6.7% market share compared to competitors [40][41] Group 3: Industry Evolution - The shift in control from software to hardware manufacturers has diminished the role of third-party app stores, as mobile manufacturers began to enhance their own app distribution channels [50][64] - The establishment of the Hardcore Alliance in 2014 by major smartphone manufacturers aimed to unify app distribution and improve user experience, further reducing the need for third-party stores [61][64] Group 4: Conclusion - The closure of 91 Assistant illustrates the transition from a chaotic app distribution environment to a more organized ecosystem, where user needs are met directly by manufacturers [70][72] - The fate of 91 Assistant serves as a reminder that third-party applications often thrive in transitional periods but may struggle to survive as the market matures [72]

Core Insights - Baidu has completed the acquisition of YY Live from JOYY Inc. for a total of $2.1 billion, marking a significant step in its live streaming ecosystem strategy [3][4] - The integration of YY Live into Baidu's business structure is underway, with changes in employee compensation and organizational hierarchy [3][4] Group 1: Acquisition Details - The acquisition of YY Live was finalized on February 25, with Baidu releasing approximately $1.6 billion previously held in escrow for investment in cloud services and AI infrastructure [3] - The initial agreement in November 2020 was for $3.6 billion, but the final price was adjusted to $2.1 billion due to market conditions and integration challenges [4] Group 2: Integration Process - Following the acquisition, YY Live will fully adopt Baidu's organizational structure, including a shift from a 13-month salary system to monthly payments and a change in performance evaluation from quarterly to annual [3][4] - The integration process includes a symbolic gesture of unity, with employees from both teams celebrating their merger during an online meeting [4]

Core Insights - Baidu's acquisition of YY Live has progressed, with YY Live officially integrating into Baidu's organizational structure [1][4] - The acquisition was initially valued at approximately $36 billion but faced complications leading to a revised agreement of $21 billion [4][6] Group 1: Acquisition Details - Baidu announced the acquisition of YY Live for $21 billion, focusing on its domestic video entertainment live streaming business [6] - The acquisition process has been complex, with a previous agreement of $36 billion being terminated [4] - YY Live will now adopt Baidu's employee structure, including a new salary and performance evaluation system [2][5] Group 2: Employee Integration - Employees of YY Live will now wear Baidu identification badges and can access Baidu's internal systems [2] - The salary structure will be adjusted to a monthly basis instead of the previous 13-month system [5] - Performance evaluations will shift from quarterly to annual assessments [5]

Core Viewpoint - The era of application distribution is coming to an end, as evidenced by the announcement of the complete shutdown of 91 Assistant's services by September 27, 2025, due to business adjustments and product iterations [2][6]. Company Development - 91 Assistant was developed in response to the launch of the first iPhone in 2007, initially as "iPhone PC Suite," which gained significant popularity and user base [3]. - The official launch of 91 Assistant 1.0 occurred in February 2008, becoming essential for iOS users needing to "jailbreak" their devices to download third-party applications [3][4]. - By 2009, 91 Assistant expanded its services to the Android platform, capturing approximately 90% of the domestic mobile assistant market [4]. Market Dynamics - In 2012, 91 Assistant experienced explosive growth, reaching over 100 million users and accumulating more than 10 billion application downloads [4]. - The acquisition of 91 Assistant by Baidu for $1.9 billion in 2013 marked a significant moment in the mobile internet landscape, as it was the largest merger in Chinese internet history at that time [4][5]. - Following the acquisition, 91 Assistant was rebranded as Baidu 91, and its user coverage reached hundreds of millions, with a market share exceeding 50% in 2014 [5]. Decline and Closure - The market share of 91 Assistant began to decline due to the improved functionality of the Apple App Store, reduced demand for jailbreaking, and the rise of proprietary app stores from manufacturers like Huawei and Xiaomi [5][6]. - Despite attempts at transformation and integration into Baidu's ecosystem, 91 Assistant struggled to adapt, leading to the closure of its distribution channels by 2020 [6]. - The shutdown of 91 Assistant signifies the end of an era in the mobile application distribution industry, reflecting the natural evolution of the market [6].

Core Viewpoint - The era of application distribution is coming to an end, as evidenced by the announcement of 91 Assistant's complete service shutdown scheduled for September 27, 2025, due to business adjustments and product iteration needs [1] Group 1: Company History and Development - 91 Assistant was developed in response to the inconvenience of managing iPhones, with its initial version launched in February 2008, quickly becoming essential for iOS users needing to "jailbreak" their devices [2] - By 2009, 91 Assistant expanded to the Android platform and captured approximately 90% of the domestic mobile assistant market [2] - In 2012, 91 Assistant reached over 100 million users across iOS and Android platforms, with cumulative application downloads exceeding 10 billion [2] Group 2: Acquisition and Market Position - In 2013, Baidu acquired 91 Assistant and its parent company, 91 Wireless, for $1.9 billion, marking one of the largest mergers in Chinese internet history [3][5] - The acquisition was driven by the need to secure a foothold in the booming mobile application distribution sector, as Baidu sought to compete with other tech giants like Tencent and Alibaba [5] Group 3: Market Decline and Closure - Following the acquisition, 91 Assistant was rebranded as Baidu 91 and integrated with other Baidu products, achieving a user coverage of hundreds of millions and a market share exceeding 50% by 2014 [6] - However, the market share began to decline due to the improved functionality of the Apple App Store, reduced demand for jailbreaking, and the rise of proprietary app stores from manufacturers like Huawei and Xiaomi [6] - Despite attempts at transformation, 91 Assistant struggled to integrate effectively into Baidu's ecosystem, leading to the closure of its services and the eventual shutdown of its distribution channels by 2020 [6]

Core Points - 91 Assistant, a mobile management application, will cease all services on September 27, 2023, due to business adjustments and product iteration needs [1] - Users are advised to back up their data before the service termination, as all data will be permanently lost post-closure [1] - Refunds will be available for users with active memberships, but users must proactively apply for refunds by September 15, 2025 [1] Company Background - 91 Assistant was developed by a team under NetDragon and launched in 2007, initially providing services for jailbreaking and managing iPhones [5] - The application expanded to the Android platform in 2009 and captured nearly 90% of the domestic mobile assistant market by 2012, with over 100 million users and more than 10 billion downloads [5] - In 2013, Baidu acquired 91 Wireless, the parent company of 91 Assistant, for $1.9 billion, marking the largest acquisition in China's internet sector at that time [5] - Post-acquisition, 91 Assistant was rebranded as Baidu 91 and integrated with other Baidu products, achieving a market share exceeding 50% in 2014 [5] - The rise of official app stores from Apple and Android manufacturers diminished the need for third-party tools like 91 Assistant, leading to a decline in its relevance [5]

Core Viewpoint - The decline of mobile assistant applications, once popular tools for managing smartphones, reflects a significant shift in technology and user behavior, leading to their obsolescence in the current digital landscape [6][8][31]. Group 1: Historical Context - Mobile assistants like 91 Assistant, iTools, and others were once essential for managing iOS and Android devices, providing functionalities such as app sideloading and jailbreaking [12][15][18]. - The acquisition of 91 Wireless by Baidu for $1.9 billion in 2013 marked a peak for mobile assistants, but ultimately highlighted Baidu's misjudgment of the market's future [21][23]. - The initial appeal of mobile assistants stemmed from their ability to offer features that were not available through official app stores, catering to a user base that sought free or alternative applications [24][34]. Group 2: Market Evolution - As smartphones became more capable and independent, the need for computer-based management tools diminished, leading to the rise of cloud services and streaming [30][32]. - The increasing awareness of copyright and the convenience of app stores have shifted user preferences towards legitimate app purchases, reducing reliance on mobile assistants [34][35]. - Android's ecosystem has evolved, with manufacturers developing their own app stores, further diminishing the role of third-party mobile assistants [35]. Group 3: Current Landscape - Despite the decline, some mobile assistants like iTools and 爱思助手 (iDevice Assistant) have adapted by focusing on niche functionalities, such as device verification reports for second-hand phone transactions [39][41]. - The market for mobile assistants has contracted significantly, with many smaller players unable to pivot successfully and thus ceasing operations [46]. - The emergence of new types of "assistants," such as those for headsets, indicates a potential shift in the technology landscape, reminiscent of the early days of mobile assistants [50][53].

Core Viewpoint - The shutdown of 91 Assistant marks the end of the "jailbreak era" and signifies the decline of third-party app stores that once dominated the mobile application distribution landscape [8][11]. Group 1: Background and Development of 91 Assistant - 91 Assistant was developed in 2007 by Xiong Jun to simplify the complex operations of iTunes for early iPhone users, quickly gaining over 200,000 users within two months [2]. - It became the only cross-terminal and cross-platform content distribution platform at the time, addressing the limitations of Apple's App Store, which was known for its high-quality but closed ecosystem [4][6]. - The software gained popularity by providing easy jailbreak operations and free downloads of paid applications, becoming a crucial channel for non-official app downloads for iOS devices [4][6]. Group 2: Market Dynamics and Acquisition - In 2009, 91 Assistant expanded to the Android platform, adding features like Android flashing and phone management, which significantly increased its user base [6]. - By 2013, the platform had achieved over 10 billion cumulative app downloads, averaging 8 downloads per person in China, leading to its acquisition by Baidu for $1.9 billion, one of the largest mergers in the internet industry at that time [6]. - After the acquisition, it was rebranded as "Baidu 91" but continued to operate independently within Baidu's ecosystem [6]. Group 3: Decline of Third-Party App Stores - The rise of official app stores and improved app distribution by smartphone manufacturers led to a significant decline in the presence of third-party app stores like 91 Assistant [6][11]. - The shutdown of 91 Assistant on September 28, 2023, along with the earlier closure of similar services like PP Assistant, signifies the end of an era dominated by third-party app distribution [8][10]. - Other similar tools have also gradually exited the market since 2014, although their impact on the early smartphone development phase remains significant [11]. Group 4: Transition and Future Outlook - Despite the decline of many "mobile assistant" tools, some have successfully transitioned, such as Coolapk, which evolved from a mobile assistant to a community-focused platform for product discussions and social interactions [11].

Group 1: Manufacturing Sector - China's manufacturing PMI for August rose to 50.5%, up from 49.5% in July, driven by an increase in new orders and production recovery [2] - The official manufacturing PMI has remained below 50% for five consecutive months, indicating a non-expansionary phase, despite the slight recovery in August [3] - The manufacturing sector's performance is uneven, with upstream prices increasing while downstream profits remain under pressure due to limited demand improvement [2][3] Group 2: Electric Bicycle Industry - A new national standard for electric bicycles was implemented on September 1, introducing nearly 200 new technical requirements aimed at enhancing safety and promoting industry standardization [4] - The new standard is expected to increase the cost of electric bicycles by approximately 500-600 yuan, significantly impacting low-cost models [5] - The delivery industry may face challenges as the new regulations could affect the efficiency and profitability of delivery services [5] Group 3: Securities Industry - In the first half of 2025, domestic securities firms reported a revenue of 2510.36 billion yuan, a year-on-year increase of 23.47%, with net profits rising by 40.37% to 1122.80 billion yuan [6] - The growth in the securities industry is attributed to a significant increase in trading volumes and a strong performance in self-operated investment income [6][7] - The industry is expected to continue its strong performance in the second half of the year, driven by an active A-share market [6] Group 4: E-commerce Sector - Alibaba's second-quarter revenue reached 2476.52 billion yuan, a 2% year-on-year increase, with a notable 12% growth in its instant retail business [8] - Despite a decline in net profit, Alibaba's investments in the food delivery sector and AI-related products have shown positive results, contributing to user growth [8][9] - The competitive landscape in the food delivery market is shifting, with Alibaba's instant retail services gaining market share from Meituan [9] Group 5: Silver Market - Silver prices have surpassed $40 per ounce for the first time since 2011, with a year-to-date increase of over 40% [14] - The rise in silver prices is supported by a growing demand for clean energy technologies and a supply shortage in the silver market [14] - Market expectations regarding potential interest rate cuts by the Federal Reserve are also contributing to the bullish sentiment in the silver market [14][15] Group 6: Stock Market Performance - On September 1, the stock market experienced mixed performance, with the Shanghai Composite Index rising by 0.46% and the ChiNext Index leading gains with a 2.29% increase [16] - The market's trading volume remained active, but there was a cautious shift in sentiment as investors awaited clearer direction [16][17] - The technology and financial sectors showed varied performance, with gold-related stocks performing strongly amid rising gold prices [16]