Kevin Zhou, Author at Pandaily

Isabel Ge Mahe Named Apple’s Managing Director of Greater China

Apple today announced that Isabel Ge Mahe, vice president of Wireless Technologies, has been named vice president and managing director of Greater China, reporting to CEO Tim Cook and COO Jeff Williams. In this newly created role, Isabel will provide leadership and coordination across Apple’s China-based team. “Apple is strongly committed to invest and grow […]

China’s online retailer JD is going global, first stop is Southeast Asia

China’s online retail and logistics giant JD is now eyeing up the Indonesian market. It seems the country of 250 million provides the right environment for JD’s next round of international expansion. If all goes to plan, local consumers will see fresh food delivered to their homes by JD’s refrigerated lorries within five years. The […]

Baidu Releases Self-driving Software For Free

Chinese search engine company Baidu announced their autonomous car software will be free for download, with the aim to collect data and attract more users to their open-source AI platform. The announcement was made on July 5 during their “Baidu AI Developers Conference” (Baidu Create 2017). Baidu Founder Robin Li had made quite a stir […]

Airbnb is boosting its market investments in China

On June 28th, Airbnb jointly launched with Alipay a handy new tool available in the Alipay app called the “Aibiying Travel Deposit”, which will help prevent the app users from reckless spending. By setting the travel location, period of stay, the number of travelers and the intended travel dates in the app, the system will […]

Yu’EBao Reserves Reach 1.43T Yuan, Near ‘Big Four’ Banks

Yu’EBao was holding nearly 1.43 trillion yuan at the end of June 2017, up nearly 80 percent from the 0.8 trillion yuan it held at the end of 2016, according to a new report from Alibaba’s Tianhong Asset Management. Its funds increased nearly 300 billion yuan by the end of June, up from 1.14 trillion […]

Tencent’s Stock Dives Amid Criticism of ‘Addictive’ Mobile Game

Tencent‘s stock plunged more than 4 percent on the Hong Kong Stock Exchange after it rolled out tough restrictions on King of Glory, its popular online game, on Tuesday. It’s estimated the Internet giant lost at least HK $100 billion in the market. Tencent‘s new rules limit players who are 12 years old or younger […]

Silicon Valley’s China Paradox

Li Zhifei has spent his professional career cross-pollinating the world’s two most vibrant innovation ecosystems. Born in central China at the dawn of reform and opening, Li graduated college in China and dove headfirst into the country’s dot com boom of the early 2000s. When that bubble burst, he headed to Johns Hopkins University for […]

‘King of Glory’ Moves to Fight Addiction, Limits U-12 Players to One Hour

Tencent Games announced a pilot program for its King of Glory online game that would log out players younger than 12 after one hour of daily gameplay, the company said on July 2. In the most strict anti-addiction measure ever taken in Chinese gaming, King of Glory will count cumulative play time throughout the day, […]

Beijing Metro Offers Swipe to Ride: Is NFC Going Mainstream ?

Beijing Metro announced a partnership with the Beijing Municipal Administration Traffic Card to launch mobile swipe-to-ride service on June 26. The first phase will will see NFC subway payment available on the subway’s Fangshan Line. Some 160 NFC-capable mobile phones by brands such as Xiaomi, Huawei, Samsung, Nubia, OnePlus and Meizu will support the new […]

Another Bike Sharing Company Bites the Dust. Founder: I Am Not Optimistic About Bike-Sharing

After Wukong Bikes’ bankruptcy just 8 days ago – June 8th 2017 – yet another bike-sharing company has gone bust. On June 21st, 3Vbike announced that it is going out of business, primarily due to a large amount of stolen bikes causing a strain on liquidity. This may come as a surprise to the company’s […]

No Intermission for Shared Bikes’ War

Hundreds of workers in bright yellow uniforms assemble small yellow bicycles at the Tianjin Flying Pigeon bicycle factory on May 19. The workers hurriedly attach the wheels and gears to each frame, and every 15 seconds a new ofo unit is born. Workers at the end of the line load each new bike into cardboard […]

The Real Threat of Artificial Intelligence

BEIJING — What worries you about the coming world of artificial intelligence? Too often the answer to this question resembles the plot of a sci-fi thriller. People worry that developments in A.I. will bring about the “singularity” — that point in history when A.I. surpasses human intelligence, leading to an unimaginable revolution in human affairs. […]

After fighting with Baidu, JD.com may join the BAT Group

JD’s (京东）closing price on June 26 was $43.08, raising their total market value to $61.149 billion. They are quickly approaching to Baidu‘s total market value of $61.973 billion at the time, thus threatening the existing group of tech giants BAT: Baidu, Alibaba, and Tencent. In comparison, Baidu is lagging behind the other two in terms […]

Meituan CEO talked about relationships with BAT

The more you try to do, the more enemies you’ll make. Meituan Dianping has learned this lesson through experience. In its early days, the company organized discounted group purchases; later on it became an online movie ticket retailer. Over the years it also tried its hand at takeout, catering and travel services. More recently, Meituan […]

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