China’s Consumers Now Have More Online Shopping Choices as COVID-19 Spurs Decentralization
Pandaily deep dives into a set of employment and consumption statistics to explain how e-commerce penetration is accelerating.
Category: Industry
Showing 12 of 6361 posts in this category
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 fro...
Baidu Considers Secondary Listing in Hong Kong
Following Alibaba’s historic secondary listing on the Hong Kong stock exchange, other Chinese tech giants including Baidu are considering a similar strategy, according to IPOzaozhidao.
1/6/20202 min read
BYD Globally Recruits Talent in the Field of Embodied AI
BYD is also going to build humanoid robots and is recruiting talents in the field of embodied intelligence globally.
Bilibili's Daily Active Users Exceeds 65 Million, Surpassing Youku to Become the Third Largest Long Video Platform in China
LatePost reported on Wednesday that the number of daily active users of video platform Bilibili has exceeded 65 million, surpassing Youku to become the third largest long-form video platform after iQiyi and Tencent Video.
8/11/20212 min read
HP Denies 'Moving Half of PC Production Out of China'
HP denies moving half of its PC production out of China, stating that its PC manufacturing business in China remains significant.
E-commerce Shopping Guide Platform SMZDM.com lists on Shenzhen Stock Exchange
July 15, SMZDM.com, a shopping guide platform known in China as Shenme Zhide Mai, (eng. What is worth buying) officially listed on the GEM board of the Shenzhen Stock Exchange. SMZDM.com has managed to stay afloat for nine years despite having attracted just one round of financing prior to the listing.
7/15/20191 min read
Hillhouse Capital Denies Rumors of Indiscriminate Layoffs
Beijing-based investment company Hillhouse Capital is making indiscriminate layoffs, mainly involving employees of varying ranks in the primary market group. A spokesperson for Hillhouse Capital subsequently denied the news.
6/1/20223 min read
Huawei Announces New Chairman on Rotating Basis
Huawei announced on Thursday that the company would employ a rotating basis for its position of chairman. Ken Hu will take on the position of rotating and acting chairman of Huawei starting April 1, 2022 until September 30, 2022.
3/31/20222 min read
NIO Capital Closes Fund Worth $400M
NIO Capital, an investment company founded by Chinese electric vehicle company Nio Inc., announced on Monday that it had closed the NIO Capital Eve ONE Fund II L.P., worth about $400 million.
3/21/20222 min read
Rivalry with Baidu Escalates as ByteDance Launches Beta Version of Its Wikipedia-like Search Site
ByteDance officially released the beta version of an online search website Baike.com, ramping up efforts to challenge search engine giant Baidu.
Chinese Household Goods Retailer Miniso Files for US IPO
Chinese household and consumer goods retailer Miniso Co. Ltd. filed on Wednesday with the US Securities and Exchange Commission (SEC) for an initial public offering under the code MNSO.
9/24/20203 min read