Overseas Expansion Express | Luckin's Overseas Expansion: Two Years of Slow Progress / Young Europeans Fall in Love with China's "Old Men's Joy"

36氪2025-03-12 15:13
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Today's Good Articles

Wang Xing's Reconsideration: Where is Meituan Heading?

The key to internationalization lies in localization and reaction speed.

Luckin Coffee's Overseas Expansion: Two Years of Slow Progress

Say goodbye to the 9.9 yuan price.

European Youth Fall in Love with Chinese "Old Men's Joy"

It's not just Chinese manufacturers that are flocking to the "old men's joy" market. Traditional European automakers are also starting to make efforts in the low-speed electric vehicle field.

The Russian E-commerce Market Booms Again

It has increased by 41%. An e-commerce hotbed has emerged from the "sanctions island".

Business Socializing Guide: How to Quickly Get Along with Middle Eastern Customers?

A guide to breaking the ice in business socializing.

A Comprehensive Analysis of ByteDance's Overseas Free Short Drama APP: Over 1.3 Million Downloads, 99% from the Southeast Asian Market

It has exceeded 1.3 million downloads in three months since its launch, and 99% of them are from the Southeast Asian market.

AutoAgents, Aiming to Be an Enterprise-level Intelligent Agent, Secures Tens of Millions of Yuan in Angel-round Financing

In the overseas market, AutoAgents has also launched a standardized product, Agents Pro, a social media operation tool for SMBs. It adopts a free trial and community dissemination model.

Hot News Flash

Two DeepMind Veterans Start a Business

On March 8, two former Google DeepMind scientists, Misha Laskin and Ioannis Antonoglou, announced the joint establishment of Reflection AI, a company focusing on building super-intelligent autonomous systems. The team members include senior experts from DeepMind and OpenAI, who have participated in the development of projects such as DQN, AlphaGo, AlphaZero, MuZero, PaLM, and GPT-4. Currently, the company has raised $130 million in funds and is valued at $555 million. (Caixin)

CITIC Construction Investment: Manus Accelerates the Implementation of Agents, and the Value of Internet AI Continues to Be Reassessed

According to a research report by CITIC Construction Investment, the domestic general AI Agent product Manus has been released, and its Agent engineering capabilities are outstanding. Manus can complete complex tasks such as resume screening, property selection, and supplier matching. In essence, this product calls multiple Agents to collaboratively complete information retrieval, organization, and verification work. On the one hand, Manus provides new ideas for the productization of Agents. Compared with the products previously released by OpenAI and Claude, Manus has a wider range of application scenarios and a lower usage threshold, making it a new hit in the field of AI Agents. On the other hand, new products such as OpenManus and OWL have emerged in the open-source community, replicating and innovating based on Manus, which is expected to promote the flourishing of Agent products. The value of Internet AI continues to be reassessed. (36Kr)

CITIC Construction Investment: It is Expected That the Future Market Size of Humanoid Robots Will Far Exceed That of the Automotive and 3C Industries

A research report by CITIC Construction Investment points out that the iteration of AI models is accelerating the commercial implementation of humanoid robots. Since Tesla announced the launch of the humanoid robot "Optimus" in 2021, now Tesla is about to launch its third-generation humanoid robot, Figure has launched a new model equipped with the Helix model, and 1X has launched the NEO GAMMA with optimized artificial intelligence algorithms. Domestically, companies such as Unitree, Zhipu, and Ubtech have optimized the gaits and movements of their robots. It can be seen that model iteration and training algorithm optimization are accelerating the commercial implementation of humanoid robots. Currently, the products of many humanoid robot companies are undergoing practical training with downstream industrial customers. It is expected that the future market size of humanoid robots will far exceed that of the automotive and 3C industries. (36Kr)

Unitree Technology Enters AliExpress to Expand Overseas

Unitree Technology, which became famous overnight during the Spring Festival Gala, has opened an official store on AliExpress and listed multiple products, even marked with the "Big Save" hundred-billion subsidy logo. This is not the first time that products related to the "Six Little Dragons of Hangzhou" have entered AliExpress. Previously, the official co-branded gamepad of "Black Myth: Wukong" and the AR glasses Rokid were all sold well in many overseas countries through AliExpress. (36Kr)

The Market Size of Japan's Service Robots is Expected to Triple in Five Years

According to reports, in the face of the problems of an aging population and labor shortage, Japanese companies are increasingly relying on service robots to supplement their workforce. The research institution Fuji Keizai predicts that by 2030, the market size of Japan's service robots will nearly triple, reaching 400 billion yen ($2.7 billion). The potential factors driving this growth are as follows: The Recruit Works Institute predicts that by 2040, Japan will face a labor shortage of 11 million; and a government-supported institution estimates that by 2065, nearly 40% of Japan's population will be 65 years old or older. (Sina Finance)

He Xiaopeng: Plans to Mass-produce the Split-type Flying Car "Land Aircraft Carrier" in 2026

According to Shangguan News, on March 8, the second collective interview activity on the "Representative Passage" of the Third Session of the 14th National People's Congress was held. He Xiaopeng, a deputy to the National People's Congress and the chairman of Guangdong XPeng Motors Technology Co., Ltd., said that with the promotion of policies, the automotive industry chain is rapidly moving towards the low-altitude economy. In 2026, XPeng plans to mass-produce the split-type flying car "Land Aircraft Carrier" for the first time, becoming the world's first company to mass-produce and deliver flying cars. "We will also combine car control with AI to develop a control system based on aircraft." (Jiemian News)

Yu Jun of GAC Group: Actively Studying the Feasibility of Using Thailand as an Export Base to Radiate the Global Market

According to GAC International, on March 4, a delegation from the Thai Ministry of Industry visited GAC, and the two sides reached a preliminary consensus on Thailand's new energy vehicle market policies, technological cooperation, and industrial park planning. Yu Jun, the deputy general manager of GAC Group, emphasized: "GAC Group is accelerating its international business. Thailand is GAC's strategic market in ASEAN. The GAC Aion Thailand factory is GAC's first overseas investment and construction factory. On the one hand, it meets the needs of the Thai market through local production. On the other hand, GAC is also actively studying the feasibility of using Thailand as an export base to radiate the global market, helping Thailand become a model and an important export base for the development of global new energy vehicles." (Jiemian News)

The U.S. Department of Justice Reiterates the Proposal to Split Google's Chrome Browser

After winning the antitrust lawsuit against Google, the U.S. Department of Justice again proposed that the court split Google's business. On March 8, the U.S. Department of Justice submitted a judgment recommendation to the U.S. court again, requesting the split of Google's Chrome browser business. However, different from the recommendation submitted last year, the U.S. Department of Justice no longer requires Google to split its AI-related business. At the end of 2020, the U.S. Department of Justice and almost all state attorneys general jointly sued Google in court. In August 2024, the U.S. District Court in the District of Columbia ruled that Google violated U.S. antitrust laws. (Caixin)

The Nasdaq Plans to Offer 24/7 Trading

On March 7 local time, the Nasdaq, the second-largest stock exchange in the United States, announced that it has applied to the regulatory authorities for 24/7 trading, five days a week. Nasdaq President Ted Cohen said, "We are waiting for regulatory approval and aligning with key industry infrastructure providers. We expect to implement this plan in the second half of 2026." The application first needs the approval of the U.S. Securities and Exchange Commission to proceed. (Securities Times)

Popular Events

Event | 2025 Advanced Manufacturing Going Global Exchange Meeting and St. Patrick's Day Celebration

On the afternoon of March 14, on the eve of St. Patrick's Day, Invest Northern Ireland will join hands with 36Kr Going Global to hold an offline closed-door sharing session in Shenzhen, inviting representatives from the advanced manufacturing industry and professional service providers going global to Europe to share the opportunities and challenges in the European market. If you are interested in the European market, welcome to scan the QR code below or click"here" to fill out the form and sign up for this event. The event registration will end at 12:00 noon on March 13.

What Are the Advantages of Dubai's IFZA Free Zone for Chinese Enterprises?

 For cost-sensitive small, medium, and micro enterprises going global, if they hope to enjoy Dubai's business environment while minimizing registration and operating costs, the young IFZA Free Zone is an ideal choice. IFZA is a leading free trade zone in Dubai, providing support for the localization strategies of enterprises going global to the Middle East. Among the free trade zones in Dubai,  IFZA has almost the lowest registration cost and the shortest time required, and there are also professional Chinese staff to support enterprises. Fill out the form in 30 seconds to learn more about the Dubai IFZA Free Zone.

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