August 2025

Tencent Music’s transformation is a typical case of “deep cultivation of user value” in the stock market. Its successful experiences and potential risks provide valuable references for entrepreneurs. In the era of fading traffic dividends, “making each user contribute more value” tests the operation ability of enterprises more than “acquiring more users.”

RED’s “Pain Island” is not only a successful offline event but also a crucial verification of its “interest community” strategy. For entrepreneurs, the opportunity in the interest field lies in the depth of “emotional connection” rather than the breadth of “user scale.”

The rise of “Painful Gold” is a positive attempt by the traditional gold jewelry industry to embrace youthfulness and diversification. However, its development needs to address issues such as the rationality of high premiums, the sustainability of popularity, and the matching of user needs.

The implementation of the new social insurance regulations is essentially a game between “short – term pain” and “long – term benefits”. For entrepreneurs, only by actively embracing compliance, optimizing models and striving for support can they achieve their own sustainable development while protecting the rights and interests of workers.