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🟠 China: 1 million new app developers

Reading time: 4 min 22 sec

 
Today’s edition is written by:
Michael, Quirin, Robert, and Thomas

☕️ Good morning, friends,

A Monday-morning success story, just the way we like it.

Danylo Yavhusishyn, a 21-year-old war refugee from Ukraine, has become the first Ukrainian ever to win a sumo tournament.

An incredible career that now earns him up to 300,000 USD a year.

P.S. If you want to write your own success story: we have partnered with the China Europe International Business School, ranked number two worldwide in the EMBA ranking.

👉🏻 Secure your exclusive spot for the EMBA Open Day.

Highlights: It’s a constant swing between fear and euphoria. After last week’s Nvidia-driven surge, Asian tech stocks slipped again as investors got cold feet and cut risk.

Goldman Sachs pushes back: China’s AI rally is far from a bubble, they argue, with Chinese tech valuations still far below their U.S. counterparts.

TOP BIT

🤖 China gives everyone their own developer team

Ant Group’s new vibe-coding app LingGuang has crossed 1 million downloads in just four days.

With that, the Alibaba-backed app has overtaken ChatGPT and Sora in terms of launch momentum. The app turns simple text prompts into…

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