Carol Yin, Author at Pandaily

Luxury Jeweller Tiffany & Co. Joins Alibaba’s Tmall Luxury Pavilion

Alibaba Group, the Chinese e-commerce giant, announced on August 16 the addition of luxury jeweler Tiffany & Co. to its Luxury Pavilion on the Tmall shopping platform.

Smartisan Nut R1: the 1TB Phone that Makes “Fake Calls”

The Pandaily team finally got a chance to review newly released Nut R1 flagship phone by Chinese smartphone maker Smartisan Technology and here are our thoughts.

OPPO & Vivo Top Chinese Smartphone Market

OPPO and vivo lead the Chinese domestic market in sales volume of over 73 millions in the first half of 2018.

MIIT Ranks Top 100 Chinese Internet Companies

China’s information authority released a list of top 100 Chinese Internet companies on July 27, ranking Alibaba, Tencent and Baidu, JD.com, and NetEase as the top five.

Ofo and Didi Respond to Acquisition Negotiation Rumors

Ofo dispelled rumors on July 30 that its negotiation with DiDi Chuxing is soon to come to a close.

Xiaomi-backed Huami Acquires Core Assets of Zepp

Huami Corporation, a Xiaomi-backed public company specializing in smart wearable technology, announced on July 26 the purchase of core assets from Zepp International Limited, a leading wearable sports technology company.

XPeng Motors Hosts AI Vehicle Design Salon, Shares the Design Thinking behind the G3 EV

Electric vehicle (EV) startup XPeng Motors held a design salon on July 25 in Beijing, to “explore design transformation of AI vehicles”.

Facebook Registers Subsidiary in China, Website Still Banned

Facebook has registered a company in Hangzhou, China on July 18, as reported in a filing with China’s National Enterprise Credit Information Publicity System.

Huawei Unveils New Nova Series Products, Smartwatch & Camera

Huawei unveiled on July 18 the newest products in its nova series, nova 3 and nova 3i smartphones, at a product launch in Shenzhen where Nova series’ new brand ambassador Jackson Yi, from the popular Chinese boy band TFBoys, also showed up.

OnePlus 6 Receives a High Score of 96 in the DxOMark Mobile Test

OnePlus 6, the new OnePlus flagship phone received from DxOMark on July 17 a score of 96.

BMW Brilliance Signs Strategic Cooperation Agreement with Chinese Battery Maker CATL

BMW Brilliance, a joint venture between BMW and Brilliance Auto, signed a strategic cooperation agreement with China’s Contemporary Amperex Technology Co. Limited (CATL) on July 17 in Beijing.

New Oriental’s Koolearn Online Learning Platform Files for IPO in Hong Kong

Koolearn Technology Holding Limited, an online education company under New Oriental Education & Technology Group Inc., filed for an initial public offering to the Hong Kong Stock Exchange on July 17.

Tesla’s Beijing Technology Innovation Center Announced During Elon Musk’s Visit to China

Tesla Motors announces a new Technology Innovation Center in Beijing on July 12 as CEO Elon Musk concludes his three-day trip in China.

Apple to Jointly Invest $300 Million in China to Initiate a New Clean Energy Fund

Apple Inc. announced its plan to invest $300 million along with 10 suppliers in a China Clean Energy Fund on July 12. A new “first-of-its-kind investment fund” in the country, the new energy fund aims to connect suppliers with renewable energy sources.

JD Finance Raises RMB 13 Billion in Series B at a Valuation of RMB 133 Billion

JD Finance announced on July 12 the details of their upcoming Series B fundraising round. The financial spin-off of the e-commerce platform JD.com Inc. will raise 13 billion yuan ($1.95 billion) at a post-money valuation of 133 billion yuan by the end of this quarter.

Luckin Coffee: the Newest Unicorn after First Funding Round

Luckin Coffee announced on July 11 the completion of their Series A funding round, giving the company a valuation of $1 billion and bringing it into the unicorn club.

Keep Raises $127 Million: Largest Funding Round in the Internet Fitness Industry

Internet fitness company Keep Inc. raised the single largest fundraising round in the world’s Internet fitness industry, with Goldman Sachs leading the $127 million investment in their Series D round on July 10.

XPeng Motors Responds to Employee Stealing Trade Secrets from Ex-employer Apple

XPeng responded today to the case of a former Apple employee charged with stealing trade secrets in the U.S., claiming its close attention to intellectual property.

Forbes: WiFi Master Key, the Only Non-BAT Affiliated App Among China’s Top 10 Apps

The Russian edition of Forbes magazine wrote an article on March 8, 2018, about the emergence of tech start-ups and unicorn companies in China’s internet industry.

Trump Fires the First Shot in the U.S.-China Trade War

A penalty levied by the U.S. government in the form of a 25% tax on $34 billion worth of Chinese goods came into effect on 12:01 AM EST on July 6, 2018. The 25% ad valorem duty rate is in addition to any pre-existing duty already imposed on the list of goods.

Everything about China's Innovation