an insurance agency and an insurance technology business. The insurance agency, licensed in China, offers a wide range of insurance products, while the insurance technology business focuses on developing SaaS platforms for insurance carriers. In 2021 and 2022, Alpha Mind’s revenue was US$44.9 million and US$47.4 million, respectively.\n\nFLJ’s CEO, Mr. Chengcai Qu, expressed confidence in the quality of Alpha Mind’s services and the potential for growth in the insurance industry. Alpha Mind’s CEO also commented on the acquisition, stating that it will strengthen their position in the market and allow them to capitalize on the growth trend in China’s insurance industry.\n\nFLJ Group Limited has acquired Alpha Mind Technology Limited for US$180 million, positioning itself for growth in China’s insurance industry.’

New York Times Company Continues to Thrive Economic Uncertainty\n\nThe New York Times Company has been a staple in the media industry for over 160 years, and its resilience and adaptability have been on full display in recent years. The economic uncertainty brought on by the pandemic, the company has continued to thrive and deliver strong results.\n\nIts success can be attributed to a combination of factors, including its strong fundamentals, strategic initiatives, and ability to adapt to changing consumer behaviors. The company's commitment to quality journalism and its digital transformation have also played a significant role in its continued success.\n\nIn its most recent earnings report, the New York Times Company announced a 13% increase in digital revenue and a 7% increase in total revenue compared to the same period last year. This not only highlights the company's strong fundamentals, but also showcases its ability to navigate through challenging times and emerge stronger.\n\nThe company's strategic initiatives, such as its subscription-based model and focus on digital growth, have also contributed to its success. Its digital subscription revenue has seen a steady increase, with a 29% year-over-year growth in the second quarter of 2021. This growth has been driven by a combination of new subscribers and increased engagement from existing subscribers.\n\nThe New York Times Company's adaptability and resilience have been key factors in its ability to thrive despite the economic uncertainty.\n\nThe New York Times Company's strong fundamentals, strategic initiatives, and adaptability have allowed it to thrive in the face of economic uncertainty.