ITBEAR

Cainiao Introduces ‘Two Euros Two-Day Delivery’ in Spain and Portugal, Supporting Local Chinese Merchants

September 09, 2024 – According to official news from Cainiao, the company has launched a two-day delivery economy logistics product for e-commerce packages covering the entire territory of Spain and Portugal. Cainiao explained that this offering encompasses end-to-end services from door-to-door pickup to final delivery in five major Spanish cities: Madrid, Barcelona, Valencia, Alicante, and…

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Samsung Ramps up AI Appliance Production in India, Covering Refrigerators, Washing Machines, and More

September 07, 2024 – Samsung has announced its participation in the “Make in India” initiative, with the production of a variety of AI-enabled Bespoke home appliances now underway at its Sriperumbudur factory near Chennai, India. Among these, the Curd Maestro refrigerator stands out as a notable example. This August, Samsung unveiled ten new washing machine…

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Sony Lacks Adequate Original IPs, Says President Totoki

September 06, 2024 – Hiroki Totoki, the current President, Chief Operating Officer, Chief Financial Officer, and Chairman of SIE at Sony Group Corporation, has expressed concerns over the company’s lack of original IPs developed from scratch, which he believes puts them at a disadvantage compared to their competitors. In an interview with the Financial Times,…

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