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Gaotu lost over 7 million yuan last year to increase revenue without increasing profits, and its marketing expenses skyrocketed
Recently, online education technology company Gaotu (NYSE: GOTU) announced its unaudited performance for the fourth quarter and full year of 2023, which not only increased revenue without profit, but ... -
Nissan aims to reduce the cost of pure electric vehicles by 30%
Nissan aims to reduce the cost of pure electric vehicles by 30%. On March 25th, Nissan released a new business plan, proposing to strengthen competitiveness by reducing the cost of pure electric vehi ... -
Amazon CEO's Annual Shareholder Letter: We will continue to reduce service costs in 2024
Amazon CEO Andy Jassy has released Amazon's 2023 shareholder letter. In his shareholder letter, Jia Xi summarized Amazon's overall performance and development of various businesses in 2023. He stated ... -
Musk: Tesla Robotaxi vehicle cost will be less than $30000, expected to start production in two years
On October 11th, at the Tesla "We, Robot" Robotaxi event, the Tesla Robotaxi was officially unveiled and named Cybercab. Musk said that Robotaxi is a personalized public transportation, and the avera ...