Pandaily is a tech media based in Beijing. Our mission is to deliver premium content and contextual insights on China’s technology scene to the worldwide tech community.
BYD YangWang U8 has been in high demand since its launch, and some car rental platforms have taken the opportunity to offer YangWang U8 rental services. The rental fees are higher than those of luxury cars like Rolls-Royce.
Temu has invested heavily to broadcast advertisements during the Super Bowl and provide millions of dollars' worth of giveaways, hoping to continue driving its sales growth in the US.
US President Biden's campaign team took advantage of the momentum of the Super Bowl to create a TikTok account, in order to attract support from young voters.
On Feburary 7, Alibaba released its financial results for the quarter concluding on December 31, 2023. Alibaba's International Digital Commerce Group (AIDC) largely surpassed expectations, delivering an impressive performance with a 44% year-on-year increase in revenue, and an overall orders growing by 24% year-on-year.
During the Spring Festival, related tests for Chang'e spacecraft to head for the moon were carried out at the Wenchang Spacecraft Launch Site in China to prepare for the launch in the first half of the year.
Shanghai-based HP Micro Semiconductor Technology Co., Ltd. has successfully completed the first phase of verification for its high-performance HPM6E00 chip, the first in China to feature an EtherCAT Slave Controller (ESC) authorized by Germany's Beckhoff.
On Chinese New Year's Eve, as the clock struck midnight, the peak of online payment transactions processed by NetsUnion Clearing Corporation and China UnionPay reached a record high.
Huawei is said to be developing a new Vision headset, priced at around 15,000 yuan, featuring an in-house chip for near-zero latency in spatial operations.
Dida has made four attempts so far to apply for an IPO in Hong Kong and has garnered the support of several renowned investment firms, including NIO Capital and IDG.
Lidar manufacturer Hesai Technology strongly disagrees with the decision by the US Department of Defense to include them on the "Chinese military companies" list. They plan to sue the US Department of Defense to protect their legal rights.
Alibaba is considering exiting non-core traditional brick-and-mortar retail businesses. However, given the current market conditions, it may take time to realize this exit.
Xiaomi employees have corroborated the layoff rumors, criticizing the company's compensation strategy as a tactless way to avoid paying annual bonuses.
According to the latest supply chain news, Apple Vision Pro will be available for sale in the Chinese market as early as April, with a deadline no later than May.
