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Archive
Baidu's Ernie 🤖
Baidu CEO Robin Li revealed at the AI Create Conference in Shenzhen that the company's Ernie bot, similar to ChatGPT, has now amassed over 200 million users. Li also announced plans for another round of the AI development competition, with a hefty 50 million yuan ($7 million) prize.
DoorDash 🧰
DoorDash has ventured into home improvement through a strategic partnership with Lowe’s. The collaboration, announced in a press release on April 1, sees DoorDash offering a range of products from Lowe’s, including gardening tools, spring cleaning essentials, and DIY supplies sourced from over 1,700 stores nationwide.
Nike sales 🔻
In Q3 of fiscal 2024, Nike reported consolidated revenue growth to $12.43 billion, with Nike Direct contributing $5.4 billion through direct-to-consumer sales. While Nike's wholesale revenue increased by 3% to $6.6 billion, digital sales experienced a 4% decline, particularly affecting the Nike brand's digital performance.