Kevin Zhou, Author at Pandaily

Can Jack Ma win the looming war between Alibaba and Amazon?

Can battle-tested and awe-inspiring Amazon and Jeff Bezos beat Alibaba and Jack Ma? A “historical” turning point is seemingly at hand: Alibaba could soon top Amazon in market value. On August 24, by the time the stock market closed, Alibaba’s market value was $445.5 billion, only a limit up away from Amazon’s $455.2 billion. Since […]

Honeymoon between sharing-bicycle companies and traditional bike makers comes to an end

A year-long “honeymoon” between sharing-bicycle companies and traditional bike makers is likely to come to an end. In past one year, the three major bicycle factories have reached cooperation with the sharing cycles. In 2016, Tianjin Pigeon Bicycle factory was the first to cooperate with ofo in July of that year, U-Bicycle company reached a […]

The progress of China’s Mars exploration

With the rapid development of deep space exploration technology, the exploration of Mars has become the target of the space power. Is there life on Mars? Can “Mars immigrant” come true? Can humans build “a second homeland” on Mars? What role will strong AI play in the construction of “Mars base”? And what’s the progress […]

Shared commute again was under the spotlight in China

In early August, a batch of brand new BMW 1-series sedans showed on the streets of Shenyang. These luxury vehicles, equipped with Wifi connection, facial recognition, smart voice assistant, are shared cars which cost users only 1.5RMB per kilometer. Though it turned out that BMW Brilliance Automobile or BMW China were not behind this, luxury […]

JD Finance is separated from JD Group

On the evening of August 14th, JD Group released the 2017 second-quarter earnings report. The financial data of JD Finance didn’t be listed on the reports, which marked the realization of the news— “JD Finance would be separated from JD Group”. With the end of Q2, JD Finance completed the separation, and its finance data […]

Tencent will get rid of the tag as a “game company” by 2020

Abstract: Though Tencent has never been more successful under the glamor of Honor of Kings’ stellar performance, its dependence on gaming industry dropped. The revenue from games to total revenue ratio decreased to 42% in this quarter, while the ratio of the same period last year was 47.9% and the ratio of last quarter 46%. […]

Beijing Metro Fully Supports Scanning Code

Alipay’s official account on Weibo announced that Beijing Yitongxing APP was officially launched, and users could buy tickets in the APP and collect tickets from the ticket machine in the subway station. Besides, after September 20, users can directly use the NFC function in the mobile to pass the gate machine. Before, the Beijing metro […]

Xiaomi CEO Lei Jun: How Xiaomi Turned the Tables

Recently over 30 council members of the Yabuli China Entrepreneurs Forum (CEF) paid a visit to Xiaomi headquarter. The president of the forum, Chen Dongsheng, chaired this CEO seminar of ours entitled “Internet + Manufacturing Upgrades in China”. At the seminar, Xiaomi CEO Lei Jun shared with everyone Xiaomi’s business model, values, difficulties encountered during […]

Will the short Music Video be a flash in the pan?

In 2016, the most powerful social platform in China was undoubtedly the live broadcasting platform, but in 2017, it is short MV which has more trills and is thus more magical that plays the key role. In march of this year, Tik Tok, an UGC short video platform subordinated to Headline Today, suddenly became quite […]

In China, McDonald’s and KFC are fighting for a larger slice of the domestic pie

After nearly three decades of fighting, the competition between KFC and McDonalds in China is likely to heat up, because of its newly gotten “Chinese” identity. On November 1, 2016, KFC’s parent company Yum! Brands spun off a new company – Yum! China, and was listed on the New York Stock Exchange. Its core business […]

Baidu Takeout will be Sold

After months of seesaw battle, the fate of Baidu Takeout may soon be decided, mostly likely to be taken over by ele.me. Currently, ele.me official responds that they have no comment on it, and Baidu has ambivalent attitude without responding clearly. According to what a core high-ranking figure told touchweb, Baidu Takeout ever negotiated with […]

Keep becomes China’s largest social sports platform

On August 13, Keep, China’s sports APP, announced that the number of registered users broke 100 million, which marked that Keep had become a member of mobile Internet club with more than 100 million users. It also marked the birth of China’s first sports App that had more than 100 million subscribers, and became China’s […]

China’s Cable TV is Strongly Impacted by IPTV

Industry data shows that by the end of the second quarter, the number of cable digital TV subscribers in China had declined to 159.93 million households, for the first time below 160 million. According to the industry, the IPTV and OTT business has significantly impacted the subscription of cable digital television. It is known that […]

Wolf Warriors II Lists Top 100 Global Box Office and this ‘Story about China’ Stroke a Chord

By 21:00 UTC+8 on August 14th, the box office of Wolf Warriors II had reached 649 billion RMB (or 697 million US dollars). Thus, it surpassed Mission Impossible, whose box office ranked 99th in the world, and has listed the top 100 global box offices. It is the first time for Asian movies to list […]

3-Hour-Line To Get Chinese Tea: Insanely Popular, or Marketing Stunt?

At 10:30am on August 12th, it was just around half an hour later than Heytea opened its shop in Joy City in Chaoyang District, Beijing. Customers queued a line dozens of 50 to 60 meters long in this Internet popular tea store, totally blocking the door of a neighboring Starbucks. Heavy rain fell on and […]

Sharing Gym Appeared in Beijing

Recently, sharing gym have appeared in one neighborhood in Beijing, which occupies as small area as the newsstand. Its external wall impressively has words “Mipao — self-help fitness”. So, what do these mini gyms have inside? Self-service gym covers an area of about 4 square meters. It only has a treadmill inside, equipped with TV, […]

The Chinese Internet model is being pursued overseas

The mobile phone selling like hotcakes in Africa isn’t Samsung nor Apple, but Tecno, a Shenzhen-based telecommunications company in China. According to open statistics, the company holds more than 40% of market shares in the 6 major countries of North Africa. Tecno broke into the African market using two mobile innovations: Dual-SIMs and beauty selfie […]

Chinese Government Praises JD Logistics and Rookie Logistics for their Contribution to Trade Efficiency

According to the official website of the Ministry of Commerce, in its recently released The 2016 Retrospect and Prospect of China’s Domestic Trade Development, MOFCOM praises JD Logistics, Rookie Logistics and a number of other modern logistics enterprises as they adopt informationized and intelligent means, innovate cooperation modes and constantly improve the efficiency of logistics […]

Tencent, Alibaba fight for share in India’s mobile payment

The war between Tencent and Alibaba has spread to India. This time, they’re wrestling over mobile payments. Indian chat app Hike Messenger, which Tencent invested in last August, recently added a “red envelope” function similar to WeChat’s. WeChat’s “red envelope” function is based on the tradition of “hongbaos” given during special occasions. Users on the […]

Freestylers on Rap of China Go Viral

Rap Battles! Young folks showing others how it’s done If you’re looking for how freestyling is done, your best bet is by watching the TV series, the Rap of China. The iQiyi produced network variety show not only went viral on WeChat and Weibo, it even became the new hot topic among those in the […]

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