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U.S. Black Friday sales rose 4.1% year-on-year, AI traffic surged by 600%, while inflation and the "K-shaped economy" remain ongoing themes.

U.S. Black Friday sales rose 4.1% year-on-year, AI traffic surged by 600%, while inflation and the "K-shaped economy" remain ongoing themes.

American consumers showed more resilience this year on “Black Friday” than the market expected, resulting in steady growth in overall retail sales. However, behind these eye-catching figures lies weak actual purchasing power growth under high inflation and an increasingly severe economic divide. Although spending overall rose, the consumption behavior of
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Didi on the Offensive: Expanding Domestic Profits, Aggressive Food Delivery in Brazil, Robotaxi Fleet to Reach a Thousand Next Year

Didi on the Offensive: Expanding Domestic Profits, Aggressive Food Delivery in Brazil, Robotaxi Fleet to Reach a Thousand Next Year

These days, Didi seems to be demonstrating a classic business story of “cash cow supporting star business”: using the strong cash-generating ability of its domestic business to support high-growth potential overseas businesses (Brazil food delivery) and future technological barriers (Robotaxi). Domestic fundamentals: Saying goodbye to price wars, technology-driven “organic” margin