Pandaily, Author at Pandaily

ByteDance Completes Acquisition of Oladance

ByteDance has completed the acquisition of Oladance, strengthening its layout in the AI hardware field.

Tesla China Denies Plans to Produce A Six-Seater Model Y Next Year

Tesla China responds to rumors of producing six-seat Model Y next year: false information.

Honor and Zhipu AI Form Partnership to Advance AI Technology in Smart Devices

On September 4th, Chinese AI start-up Zhipu AI and smartphone manufacturer Honor officially announced that they had signed an agreement to establish a joint laboratory focusing on large-scale AI model technology.

Xpeng Aeroht’s Flying Car Completes Its First Flight in Guangzhou

Xpeng Aeroht's "Land Aircraft Carrier" is equipped with the world's first automatic separation and combination mechanism for vehicles, a proprietary technology developed by the company.

Changan Automobile Officially Establishes German Subsidiary in Munich

Changan Auto's German subsidiary will focus not only on sales, marketing, and services, but also on customer insights, market research, technical regulations, regulatory certifications, and product localization.

Colliding with Apple, Huawei Announces A New Product Launch Conference on September 10

Huawei's press conference collides with Apple's iPhone 16, Richard Yu asserts, 'We will launch groundbreaking products that others have thought of but cannot achieve.'

Apple Is Communicating with Tencent Regarding the App Store Commission

Recently, there have been rumors that the 'iPhone 16 may not support WeChat.' Apple's technical consultant for China stated that they are currently in discussions with Tencent regarding the app store commission.

Hive Box Plans Hong Kong IPO: Accumulated Losses Over Three Years Exceed 3.7 Billion Yuan

Hive Box, a Chinese logistics company, officially submitted its prospectus to the Hong Kong Stock Exchange on August 30, with Huatai International serving as the sole sponsor.

ByteDance Reportedly Seeking a $9.5 Billion Loan

ByteDance is reportedly seeking a loan of $9.5 billion, poised to be the largest dollar-denominated corporate loan in Asia, excluding Japan.

JD.com Initiates Global Expansion, Launches “Global Sales” in Four Countries

Chinese e-commerce giant, JD.com, has newly launched its global sales business in the United States, Japan, Singapore, and Malaysia.

Miniso Opens Its Largest Store in Jakarta, Marking a New Chapter in Global Expansion

On August 31st, MINISO unveiled its largest global flagship store at Central Park Mall in Jakarta, Indonesia. The store, covering approximately 3,000 square meters, features eight product categories and three themed IP zones.

CATL Plans to Establish 10,000 Battery Swapping Stations Across China

CATL aims to build 10,000 stations in China. In the short term, the goal for 2027 is 3,000 stations.

French Billionaire Xavier Niel Joins ByteDance’s Board of Directors

French billionaire and founder of Iliad Telecom Group, Xavier Niel, has joined ByteDance's board.

“Chinese Nvidia” Xiangdixian Responds to Dissolution Rumors: Currently Undergoing Workforce Optimization

Xiangdixian acknowledged that they are indeed "facing certain market adjustment pressures," but emphasized that they had not taken steps toward dissolution or liquidation.

BYD Launches New IP “Xia”, with A Model Set to Be Released This Year

On August 30, BYD's new IP 'Xia' was officially launched. The Dynasty's first mid to large-sized flagship MPV, Xia, will officially be available for sale within the year, with global sales.

MiniMax Releases Its First Text-to-Video Model

On August 31, startup company MiniMax launched its first video-generating large model.

Alibaba Concludes Three-Year “Rectification” Process, States it as a “New Starting Point for Development”

On August 30, China's market regulation authorities issued a statement announcing that Alibaba Group has successfully completed a three-year rectification process, "achieving positive results".

BYD Launches Massive Recruitment at Shenzhen Plant Amidst Ongoing Talent Gap in the Industry

Recently, BYD launched a significant recruitment drive, aiming to hire 10,000 operators and technicians at its Shenshan Auto Industrial Park.

The Claim that ‘NetEase Sued Blizzard and Won in the First Trial’ Is Not True

'NetEase won the first instance lawsuit against Blizzard' is not accurate; the case has not entered the substantive trial stage of the first instance, and there are currently no other legal disputes between the two parties.

Li Xiang Acknowledges Li MEGA’s “Appearance Issues” for the First Time

Li Auto will solve the appearance issues of battery electric products while providing users with over 2,000 supercharging stations upon delivery. It hopes to enter the first tier of high-end pure electric products within two years.

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