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$4.47B Embodied Data Funding: Gold Rush or Bubble Before Burst?
The most valuable info in this article: Nearly 100 companies flooded into the embodied data track within a year, with total funding hitting 4.47 billion yuan, yet not a single company has provided a clear profit model. That mobile business hall in Chenzhou, Hunan, branded as an "Embodied Data Collection 5S Store," is more like a microcosm of the industry's absurdity—selling data like they sell phones, but having no idea who will keep paying for this data.
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