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Early News | Luckin Coffee's second quarter net revenue exceeded 8.4 billion yuan; Dong Yuhui's company successfully registered the Yuhui trademark

2024-07-31

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Source: Cover News


Luckin Coffee: Net revenue in the second quarter exceeded 8.4 billion yuan, setting a new record for single-quarter revenue

According to Luckin Coffee's official website, Luckin Coffee's net revenue in the second quarter was 8.4 billion yuan, an estimated 8.32 billion, a year-on-year increase of 35%. Luckin Coffee's net profit in the second quarter was 871.1 million yuan, a year-on-year decrease of 13%.

Dong Yuhui's company successfully registered the Yuhui Tongxing trademark

Recently, Yuhui Tongxing (Beijing) Technology Co., Ltd. applied for registration of multiple "Yuhui Tongxing" trademarks, and the international classification involves food, furniture, transportation tools, etc. The company was established in December 2023. The legal representative, executive director and manager is Dong Yuhui, and the supervisor is Yu Minhong. It is currently wholly owned by Beijing New Oriental Xuncheng Network Technology Co., Ltd.

Suning Retail Cloud fully launches 818, invests 500 million in consumer subsidies to support old-for-new

On July 30, Suning.com held the 2024 Retail Cloud Partner Conference and launched the 818 promotion in the lower-tier markets, actively responding to and promoting the trade-in of home appliances. It is understood that during the 818 promotion, Suning.com offers a maximum discount of 3,000 yuan for package purchases, a maximum subsidy of 1,000 yuan for trade-ins, and invests 500 million yuan in consumer subsidies.

Microsoft: Fourth quarter revenue of $64.727 billion, net profit increased by 10% year-on-year

Microsoft announced its fourth quarter and full-year financial report for fiscal year 2024 on July 30 local time. The report shows that Microsoft's fourth quarter revenue was US$64.727 billion, a 15% increase from US$56.189 billion in the same period last year, and a year-on-year increase of 16% excluding the impact of exchange rate changes; net profit was US$22.036 billion, a 10% increase from US$20.081 billion in the same period last year, and a year-on-year increase of 11% excluding the impact of exchange rate changes; diluted earnings per share were US$2.95, a 10% increase from US$2.69 in the same period last year, and a year-on-year increase of 11% excluding the impact of exchange rate changes.

The three major U.S. stock indexes closed mixed, with Nvidia falling more than 7%

At the close of July 30, the three major U.S. stock indexes rose and fell, with the Nasdaq down 1.28%, the S&P 500 down 0.05%, and the Dow up 0.5%. Most large technology stocks fell, with Nvidia down more than 7%, Arm down more than 6%, and Tesla down more than 4%. Microsoft, Amazon, Netflix, and Meta fell slightly, while Apple and Google rose slightly. Most of the popular Chinese stocks fell, with Xpeng Motors and Pinduoduo down more than 3%, Li Auto down more than 2%, Baidu and Bilibili down more than 1%, JD.com, Alibaba, and Weibo down slightly, and 36Kr up more than 1%.