Kevin Zhou, Author at Pandaily

Pony Ma Says Tencent Will Invest Vigorously in Cloud Computing, AI and Big Data

Outline: Anything linked to cloud computing and AI will be involved with big data. The development of these technologies are undoubtedly where the future is headed towards. On September 8th, the Chairman and CEO of Tencent, Pony Ma, delivered a speech at the Tsinghua University Insight Forum. On the topic of the integration of business […]

China has new Internet regulations

The Cyberspace Administration of China (CAC) issued the Regulations on the Administration of Internet Group Information Services, which will be implemented on October 8, 2017. With the rapid development of mobile Internet, the Internet group has facilitated people’s work and life and enhanced the spiritual and cultural exchanges. At the same time, however, some obscene […]

Beijing’s First Unstaffed Coffee Shop Open for Business But Faces Several Challenges

An unstaffed coffee shop named Youhuan Bar (lit. Friends Bar) opened at the University of International Business and Economics. A reporter from Beijing Business Today (BBT) happened upon the coffee shop on the first floor of a building not far from the fields. The shop is about 10 square meters in area, and is equipped […]

Alibaba will establish their own shopping mall—“More Mall”

Jack Ma marked the year 2017 as the first year of Alibaba’s retail business. From 2017, Alibaba business empire expands its territory—involved in the convenience stores with Lingshoutong (零售通), supermarkets with Hema Xiansheng (盒马鲜生) and Bailian (百联), department stores with the privatized Yintai (银泰), and local life service platform with Koubei (口碑). In the whole […]

ICO is banned for allegedly illegal financing in China

On September 5, after PBOC (The People’s Bank of China) and six other administrations jointly issued Statements on Guarding against Risks of Initial Coin Offerings, a number of platforms suspended new businesses of ICOs and some even halted token withdrawal services. According to incomplete statistics, up till now, many ICO platforms, including birengou, vdpax.com, 91ICO, […]

Xiaomi sued a supermarket for trademark infringement

With higher and higher brand awareness of MI, increasing products copycat MI brand. Recently, MI’s registered trademark has been unauthorizedly used by a supermarket in Beijing. MI sued it to the court and claimed 100,000 RMB for compensation. MI company claims that all products authorized to use its registered trademarks “Xiaomi” and “MI” (original trademark […]

KFC supports facial recognition payment in China now

On September 1, Yum China announced it opened launched a new restaurant concept—KPRO in Hangzhou. KPRO, a subsidiary brand of KFC, provides a younger generation with seasonal menus and modern and immersive dining experience through digital technology. “KPRO prepares innovative, made-to-order, seasonal menus for China’s fast-rising white collars. Meanwhile, tech savvy consumers who are keen […]

China removed long-distance call charges and roaming charges

Long-distance call charges and roaming charges are removed today on September 1, 2017. From September 1, the three operators move all domestic long-distance call charges and roaming charges, which is a good move for 2G and part of 3G users. But in the Internet era, social platforms based on data has occupied the market of […]

How can takeout delivery riders slow down?

Recently, a figure shows that in Shanghai 76 traffic accidents related with takeout delivery happened in the first half of 2017, with one food-delivery rider injured or dead per 2.5 days on average. Riders involved in such accidents from Ele.me and Meituan both account for 26%. After the media reported this news, safety of food-delivery […]

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 […]

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