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| wednesday, september 25, 2024 |

NO.1 volcano engine launches doubao video generation large model

on september 24, volcano engine released two large models, doubao video generation-pixeldance and doubao video generation-seaweed, and opened invitation tests for the enterprise market. compared with the previous video generation models that could only complete simple instructions, the doubao video generation model launched this time has achieved a breakthrough in natural and coherent multi-shot actions and complex interactions between multiple subjects. according to volcano engine, whether it is semantic understanding ability, complex interactive pictures of multiple subject movements, or content consistency of multi-lens switching, the doubao video generation large model has reached the industry's advanced level. as of september this year, the average daily usage of doubao large models has exceeded 1.3 trillion tokens, an average of 50 million pictures are generated per day, and 850,000 hours of voice are processed per day.

reviews: volcano engine released the doubao video generation model, demonstrating a significant technological breakthrough in the field of video generation. this progress not only improves the quality and diversity of video content, but also provides more possibilities for future video creation. however, considering the existence of industry competitors such as kuaishou and keling, volcano engine needs to continue to innovate and optimize its technology to maintain its market leadership.

NO.2 jd.com will open the first jd.com offline outlet store in china in october

on september 24, a reporter from the daily economic news exclusively learned that jd.com will launch outlet omni-channel business operations and open the first jd.com outlet offline store in the country in heilan pegasus water city, jiangyin city, wuxi city, jiangsu province in october. at the same time, the official flagship store of jd.com outlets online will also be officially opened. the outlet project is a joint venture with heilan group, a leading domestic clothing company. the reporter further learned that jd.com will open its own related products for sale in "jd.com outlets" stores, and heilan group will provide a rich supply of goods in terms of offline sources and store operations to create price advantages. an informed source further revealed to the reporter from the daily economic news, "in the future, jd.com outlets offline stores will be opened in many cities across the country."

reviews：jd.com is about to open the first offline jd outlet store in china. this move marks jd.com's further expansion of the offline market in the retail field. the cooperation with heilan group will provide jd outlet stores with a rich supply of goods and price advantages, which will help improve consumers' shopping experience. at the same time, the opening of the jd outlet official flagship store will also provide consumers with more shopping options. the implementation of this project may help promote the integration of online and offline and enhance brand competitiveness.

NO.3 tmall will unbind shipping insurance for taobao merchants on "double 11"

on september 24, a reporter from the daily economic news learned that this year's tmall "double 11" platform will invest hundreds of billions of yuan to help merchants grow their business and reduce operating costs. it is reported that this year's tmall "double 11" will invest an additional 30 billion yuan in consumer coupons and red envelopes on the basis of full reduction and instant reduction activities to promote transactions for all merchants. in addition, tmall "double 11" will invest 10 billion yuan to purchase traffic and expand customer flow for merchants through cooperation with more than 200 internet platforms. it is also understood that on the eve of tmall's "double 11", taobao tmall officially supports alipay, wechat and other payment methods. in terms of cost reduction, for taobao merchants, tmall "double 11" will fully realize commission-free promotions and store broadcasts, and will also unbind freight insurance for taobao merchants to comprehensively reduce operating costs.

reviews：tmall invested 30 billion yuan in consumer coupons and red envelopes during the "double 11" period, and spent 10 billion yuan on traffic purchases to reduce operating costs for merchants. this move will help improve consumers' shopping experience and promote sales growth. at the same time, supporting multiple payment methods will also provide more convenience for consumers.

daily economic news