Pandaily https://pandaily.com Everything about China's Innovation Wed, 22 Sep 2021 12:18:48 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.3 https://assets.pandaily.com/uploads/2017/09/cropped-fav-32x32.png Pandaily https://pandaily.com 32 32 Former Vice President of Huawei Product Line Yang Jian Joins Denglin Technology https://pandaily.com/former-vice-president-of-huawei-product-line-yang-jian-joins-denglin-technology/ Wed, 22 Sep 2021 11:24:54 +0000 https://pandaily.com/?p=68730 Chinese computing processor chips provider, Denglin Technology, recently announced that Yang Jian, the former Vice Ppresident of Huawei's Product Line, joined the company as its Vice President of Global Operations.

Read: Former Vice President of Huawei Product Line Yang Jian Joins Denglin Technology on Pandaily.

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After Two Rounds of Financing, Black Sesame Technologies Valued at More Than 10 billion Yuan, Xiaomi Leads Investors https://pandaily.com/after-two-rounds-of-financing-black-sesame-technologies-valued-at-more-than-10-billion-yuan-xiaomi-leads-investors/ Wed, 22 Sep 2021 11:10:28 +0000 https://pandaily.com/?p=68724 Black Sesame Technologies, also known as BST.AI, is a high-tech company committed to research and development of autonomous driving computing chips and platforms.

Read: After Two Rounds of Financing, Black Sesame Technologies Valued at More Than 10 billion Yuan, Xiaomi Leads Investors on Pandaily.

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Smart Technology Seen Driving Doubling of China’s $90 Billion Digital Agricultural Economy, Top Expert Says https://pandaily.com/smart-technology-seen-driving-doubling-of-chinas-90-billion-digital-agricultural-economy-top-expert-says/ Wed, 22 Sep 2021 10:46:08 +0000 https://pandaily.com/?p=68716 Technology will help to more than double the size of the digital agricultural economy in China by 2025, providing fresh impetus for the country’s drive for agricultural modernization, according to a top agricultural expert.

Read: Smart Technology Seen Driving Doubling of China’s $90 Billion Digital Agricultural Economy, Top Expert Says on Pandaily.

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ONES.AI Completes C Round of Financing, Nears $100 Million Total Financing Within Six Months https://pandaily.com/ones-ai-completes-c-round-of-financing-nears-100-million-total-financing-within-six-months/ Wed, 22 Sep 2021 09:47:20 +0000 https://pandaily.com/?p=68708 ONES.AI, founded in 2015, has grown into a leading provider of R&D management solutions in China, and its eight professional R&D management products run through the whole life cycle of software R&D.

Read: ONES.AI Completes C Round of Financing, Nears $100 Million Total Financing Within Six Months on Pandaily.

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Chinese Robotics Warehouse Startup HAI ROBOTICS Bags $200M Funding https://pandaily.com/chinese-robotics-warehouse-startup-hai-robotics-bags-200m-funding/ Wed, 22 Sep 2021 08:21:25 +0000 https://pandaily.com/?p=68702 Shenzhen-based warehouse robotics startup HAI ROBOTICS announced that it has secured two new continuous rounds of financing, garnering over $200 million in total.

Read: Chinese Robotics Warehouse Startup HAI ROBOTICS Bags $200M Funding on Pandaily.

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Alipay’s Consumer Loan Service Provider Huabei to Access Credit Information System https://pandaily.com/alipays-consumer-loan-service-provider-huabai-to-access-credit-information-system/ Wed, 22 Sep 2021 06:53:21 +0000 https://pandaily.com/?p=68679 Recently, a number of users of Huabei, a consumer credit product of Alipay, reported that they have received an upgrade prompt which requires users to agree to allow the company to access their financial credit information.

Read: Alipay’s Consumer Loan Service Provider Huabei to Access Credit Information System on Pandaily.

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Li Auto Software Update Contains Overlord Clause; Delivery Volume Expected to Decline in Q3 https://pandaily.com/li-auto-software-update-contains-overlord-clause-delivery-volume-expected-to-decline-in-september/ Wed, 22 Sep 2021 06:41:43 +0000 https://pandaily.com/?p=68667 On September 18th, some Li Auto users received an update notification by their intelligent software system but found that the system needed to obtain private data.

Read: Li Auto Software Update Contains Overlord Clause; Delivery Volume Expected to Decline in Q3 on Pandaily.

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FF Announces Progress with Geely, Company to Open Flagship Stores in Beijing, Shanghai, Guangzhou and Shenzhen https://pandaily.com/ff-announces-progress-with-geely-company-to-open-flagship-stores-in-beijing-shanghai-guangzhou-and-shenzhen/ Wed, 22 Sep 2021 06:25:23 +0000 https://pandaily.com/?p=68654 FF announced on September 19th that a substantial progress has been achieved in its cooperation with Geely Holdings and the both sides has completed the first stage of technical cooperation.

Read: FF Announces Progress with Geely, Company to Open Flagship Stores in Beijing, Shanghai, Guangzhou and Shenzhen on Pandaily.

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ByteDance Launches Short Video App for Children’s Education https://pandaily.com/bytedance-launches-short-video-app-for-childrens-education/ Wed, 22 Sep 2021 06:10:35 +0000 https://pandaily.com/?p=68644 ByteDance recently launched an App called "Xiaoquxing", which will mimic some of the features of its popular APP for adults, including hosting short video content, but the APP will be specially designed for children.

Read: ByteDance Launches Short Video App for Children’s Education on Pandaily.

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Luckin Coffee Resolves All Claims In Securities Class Action; Files 2020 Financial Report https://pandaily.com/luckin-coffee-resolves-all-claims-in-securities-class-action-files-2020-financial-report/ Wed, 22 Sep 2021 05:55:37 +0000 https://pandaily.com/?p=68635 On Tuesday evening, Luckin Coffee issued three announcements. The first was that the company had entered into a binding agreement to settle its US securities class action lawsuit with the lead plaintiffs.

Read: Luckin Coffee Resolves All Claims In Securities Class Action; Files 2020 Financial Report on Pandaily.

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Evergrande Auto Grants 324 Million Share Options to Scientific Research Personnel, Accounting for 3.31% of Company’s Issued Shares https://pandaily.com/evergrande-auto-grants-324-million-share-options-to-scientific-research-personnel-accounting-for-3-31-of-companys-issued-shares/ Wed, 22 Sep 2021 04:03:05 +0000 https://pandaily.com/?p=68623 The company has granted share options to certain independent, non-executive directors and some employees, including scientific research personnel, under its share option scheme that was adopted on June 6, 2018.

Read: Evergrande Auto Grants 324 Million Share Options to Scientific Research Personnel, Accounting for 3.31% of Company’s Issued Shares on Pandaily.

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Parents and Employees in Education Sector Caught in Limbo as China Cracks down on For-profit Tutoring https://pandaily.com/parents-and-employees-in-education-sector-caught-in-limbo-as-china-cracks-down-on-for-profit-tutoring/ Sun, 19 Sep 2021 02:00:00 +0000 https://pandaily.com/?p=68394 “Welcome to our WeChat group, I am your class teacher JJ and we will start our lessons online starting 12th of July, you can download our app beforehand.”

Read: Parents and Employees in Education Sector Caught in Limbo as China Cracks down on For-profit Tutoring on Pandaily.

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Quxiaomian Founded by Former Chairman of Luckin Coffee Seeks Financing Despite Slow Expansion https://pandaily.com/quxiaomian-founded-by-former-chairman-of-luckin-coffee-seeks-financing-despite-slow-expansion/ Sat, 18 Sep 2021 13:39:50 +0000 https://pandaily.com/?p=68520 Quxiaomian, a restaurant founded by Charles Lu Zhengyao, former chairman of Luckin Coffee, is seeking a new round of financing.

Read: Quxiaomian Founded by Former Chairman of Luckin Coffee Seeks Financing Despite Slow Expansion on Pandaily.

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Chinese Consumers’ Enthusiasm for iPhone 13 Crashes Apple Website in China https://pandaily.com/chinese-consumers-enthusiasm-for-iphone-13-crashes-apple-website-in-china/ Sat, 18 Sep 2021 13:27:36 +0000 https://pandaily.com/?p=68513 Shortly after the pre-sale of Apple's iPhone 13 series began, the official website in China was unable to connect to the Apple Store page or simply got stuck.

Read: Chinese Consumers’ Enthusiasm for iPhone 13 Crashes Apple Website in China on Pandaily.

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Chinese Version of TikTok Limits Use of Service by Children Under 14 to 40 Minutes Per Day https://pandaily.com/chinese-version-of-tiktok-limits-use-of-service-by-children-under-14-to-40-minutes-per-day/ Sat, 18 Sep 2021 13:12:10 +0000 https://pandaily.com/?p=68505 Douyin, the Chinese version of TikTok, announced that all verified users under the age of 14 will now have access to the app in “kid mode.” They will be able to work with the application for no more than 40 minutes a day.

Read: Chinese Version of TikTok Limits Use of Service by Children Under 14 to 40 Minutes Per Day on Pandaily.

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Insta360 Parent Company Arashi Vision Inc. to Land in Shanghai Sci-Tech Innovation Board https://pandaily.com/insta360-parent-company-arashi-vision-inc-to-land-in-shanghai-sci-tech-innovation-board/ Sat, 18 Sep 2021 12:20:35 +0000 https://pandaily.com/?p=68425 The official website of the Shanghai Stock Exchange shows the landing of Arashi Vision Inc. was approved, which means that it is only a matter of time before the company lands in the Shanghai Sci-Tech Innovation Board.

Read: Insta360 Parent Company Arashi Vision Inc. to Land in Shanghai Sci-Tech Innovation Board on Pandaily.

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Elon Musk Lauds Chinese Electric Vehicle Manufacturers as They Become Globally Competitive https://pandaily.com/elon-musk-lauds-chinese-electric-vehicle-manufacturers-as-they-become-globally-competitive/ Sat, 18 Sep 2021 10:46:10 +0000 https://pandaily.com/?p=68387 In the speech, Elon Musk praised the growth potential of the Chinese market and emphasized the innovation of Tesla's competitors in the country.

Read: Elon Musk Lauds Chinese Electric Vehicle Manufacturers as They Become Globally Competitive on Pandaily.

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Chinese eVTOL Firm Autoflight Completes A Round of Financing Worth $100 Million https://pandaily.com/chinese-evtol-firm-autoflight-completes-a-round-of-financing-worth-100-million/ Sat, 18 Sep 2021 10:30:36 +0000 https://pandaily.com/?p=68378 Shanghai-based Fengfei Aviation Technology, known by its English name Autoflight, is a leading R&D and manufacturing enterprise for autonomous electric vertical take-off and landing (eVTOL) aircraft.

Read: Chinese eVTOL Firm Autoflight Completes A Round of Financing Worth $100 Million on Pandaily.

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UNISOC Ranks Among Top Four in Global Chip Market https://pandaily.com/unisoc-ranks-among-top-four-in-global-chip-market/ Sat, 18 Sep 2021 09:10:15 +0000 https://pandaily.com/?p=68373 UNISOC (Shanghai) Technologies Co., Ltd. occupied a market share of 8.4% in global smartphone application processors during the second quarter of 2021, ranking third in the open market (excluding Apple).

Read: UNISOC Ranks Among Top Four in Global Chip Market on Pandaily.

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Evergrande Group Investigates Redemption of Investment Products by Executives, Requires Six Executives to Return Funds Within Time Limit https://pandaily.com/evergrande-group-investigates-redemption-of-investment-products-by-executives-requires-six-executives-to-return-funds-within-time-limit/ Sat, 18 Sep 2021 08:40:50 +0000 https://pandaily.com/?p=68367 The ongoing storm related to the overdue redemption of Evergrande's wealth management products continues and doubts about the earlier redemption of these products by some of the company's senior executives are immense.

Read: Evergrande Group Investigates Redemption of Investment Products by Executives, Requires Six Executives to Return Funds Within Time Limit on Pandaily.

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Martin Parr on the Smartphone Camera’s Transformation of Photography https://pandaily.com/martin-parr-on-the-smartphone-cameras-transformation-of-photography/ Sat, 18 Sep 2021 07:02:56 +0000 https://pandaily.com/?p=68351 “I think we’re in a new territory,” posited renowned British photographer Martin Parr on the sweeping changes brought to his trade by the now ubiquitous smartphone camera.

Read: Martin Parr on the Smartphone Camera’s Transformation of Photography on Pandaily.

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Huawei Joins Global Internet Security Network MANRS https://pandaily.com/huawei-joins-global-internet-security-network-manrs/ Sat, 18 Sep 2021 06:51:01 +0000 https://pandaily.com/?p=68320 Huawei officially became a founding member of the Equipment Vendor Program (EVP) in the Mutually Agreed Norms for Routing Security (MANRS) on Friday, aiming to boost global Internet security.

Read: Huawei Joins Global Internet Security Network MANRS on Pandaily.

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Pinduoduo Launches Subsidies for Apple Products, iPhone 13 Price Drops Up to 500 Yuan https://pandaily.com/pinduoduo-launches-subsidies-for-apple-products-iphone-13-price-drops-up-to-500-yuan/ Sat, 18 Sep 2021 06:41:57 +0000 https://pandaily.com/?p=68326 Chinese e-commerce platform Pinduoduo on Friday launched subsidies for a series of products Apple released on September 15, including the iPhone 13, iPhone 13 Pro, iPad 9, iPad mini 6 and others.

Read: Pinduoduo Launches Subsidies for Apple Products, iPhone 13 Price Drops Up to 500 Yuan on Pandaily.

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Baidu-Backed DeepWay Unveils Smart New Energy Heavy Duty Truck https://pandaily.com/baidu-backed-deepway-unveils-smart-new-energy-heavy-duty-truck/ Sat, 18 Sep 2021 05:22:38 +0000 https://pandaily.com/?p=68306 DeepWay on Friday unveiled Xingtu, a smart new energy heavy duty truck with computing power of more than 500 TOPS and ultra-long-distance sensing capabilities of further than one kilometer.

Read: Baidu-Backed DeepWay Unveils Smart New Energy Heavy Duty Truck on Pandaily.

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Beijing to Promote Development of Live and Social Commerce https://pandaily.com/beijing-to-promote-development-of-live-and-social-commerce/ Sat, 18 Sep 2021 05:03:46 +0000 https://pandaily.com/?p=68299 The government will now support what it sees as healthy and sustainable development of new business formats and models such as livestream e-commerce and social commerce.

Read: Beijing to Promote Development of Live and Social Commerce on Pandaily.

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Amazon Shutters 3,000 Chinese E-Commerce Businesses for Violations https://pandaily.com/amazon-shutters-3000-chinese-e-commerce-businesses-for-violations/ Fri, 17 Sep 2021 13:48:47 +0000 https://pandaily.com/?p=68225 Amazon has banned 600 Chinese brands and about 3,000 merchant accounts, all of which repeatedly used the platform's review function improperly. The ban follows several prior warnings.

Read: Amazon Shutters 3,000 Chinese E-Commerce Businesses for Violations on Pandaily.

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Douyin Tests Food Delivery Function, Which is Different from Meituan https://pandaily.com/douyin-tests-food-delivery-service-which-is-different-from-meituan-dianping/ Fri, 17 Sep 2021 13:41:11 +0000 https://pandaily.com/?p=68220 Short video platform Douyin, Chinese version of TikTok, is now testing a food delivery function “Xindong Waimai” and has put it into limited operation.

Read: Douyin Tests Food Delivery Function, Which is Different from Meituan on Pandaily.

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Tesla Sentenced to Refund Model S Owner for Fraud https://pandaily.com/tesla-sentenced-to-refund-model-s-owner-for-fraud/ Fri, 17 Sep 2021 13:24:51 +0000 https://pandaily.com/?p=68201 Today, a Tesla Model S owner posted a blog on China's Twitter-like Weibo, saying that, after 755 days, he has finally won his fraud case against Tesla. The owner will receive four times the amount he spent on the vehicle.

Read: Tesla Sentenced to Refund Model S Owner for Fraud on Pandaily.

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Tencent’s WeChat App Now Allows Access to Rivals’ Links https://pandaily.com/tencents-wechat-app-now-allows-access-to-rivals-links/ Fri, 17 Sep 2021 12:34:16 +0000 https://pandaily.com/?p=68207 Tencent's popular messaging app Wechat will start allowing users to access external links from Friday, days after regulators told the company and its rivals to end a long-standing practice of blocking each other's links.

Read: Tencent’s WeChat App Now Allows Access to Rivals’ Links on Pandaily.

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Shenzhou 12 Return Capsule Lands Safely with Astronauts in Good Condition https://pandaily.com/shenzhou-12-return-capsule-lands-safely-with-astronauts-in-good-condition/ Fri, 17 Sep 2021 08:17:23 +0000 https://pandaily.com/?p=68136 The return capsule of the country's Shenzhou 12 manned spacecraft had landed smoothly at the Dongfeng Landing Site, Inner Mongolia Autonomous Region.

Read: Shenzhou 12 Return Capsule Lands Safely with Astronauts in Good Condition on Pandaily.

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First Tooling Trial Prototypes of Nio ET7 Roll Off Production Line, Deliveries to Begin Q1 2022 https://pandaily.com/first-tooling-trial-prototypes-of-nio-et7-roll-off-production-line-deliveries-to-begin-q1-2022/ Fri, 17 Sep 2021 05:18:48 +0000 https://pandaily.com/?p=68109 On September 16, the first batch of the Nio ET7 tooling trial prototypes rolled off the production line at the JAC Nio Advanced Manufacturing Base in the central Chinese city of Hefei.

Read: First Tooling Trial Prototypes of Nio ET7 Roll Off Production Line, Deliveries to Begin Q1 2022 on Pandaily.

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ByteDance to Launch Music App Feile Later This Year https://pandaily.com/bytedance-to-launch-music-app-feile-later-this-year/ Fri, 17 Sep 2021 05:11:34 +0000 https://pandaily.com/?p=68116 TikTok's parent company ByteDance plans to release a music streaming product for the domestic market later this year. The product is tentatively named Feile, and internally referred to as Luna.

Read: ByteDance to Launch Music App Feile Later This Year on Pandaily.

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Beijing Sets Up Website for Public to Report Gaming Companies’ Infringement of Anti-Addiction Regulation https://pandaily.com/beijing-sets-up-website-for-public-to-report-gaming-companies-infringement-of-anti-addiction-regulation/ Fri, 17 Sep 2021 04:35:41 +0000 https://pandaily.com/?p=68099 China’s gaming industry regulator on Thursday created a special website that encourages the public to report companies for any violation of recent state regulations designed to protect minors from video game addiction.

Read: Beijing Sets Up Website for Public to Report Gaming Companies’ Infringement of Anti-Addiction Regulation on Pandaily.

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Sources Say Senior Principal Research Manager Wang Jingdong Left Microsoft Research Asia and May Join Baidu https://pandaily.com/sources-say-senior-principal-research-manager-wang-jingdong-left-microsoft-research-asia-and-may-join-baidu/ Fri, 17 Sep 2021 04:22:29 +0000 https://pandaily.com/?p=68094 Wang Jingdong, Senior Principal Research Manager with the Visual Computing Group, Microsoft Research Asia, has left his position. People predict that Wang may now be preparing to join Baidu.

Read: Sources Say Senior Principal Research Manager Wang Jingdong Left Microsoft Research Asia and May Join Baidu on Pandaily.

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Ecovacs Releases Cleaning Robot Equipped with AI Chip and Voice Assistant YIKO https://pandaily.com/ecovacs-releases-cleaning-robot-equipped-with-ai-chip-and-voice-assistant-yiko/ Thu, 16 Sep 2021 11:15:35 +0000 https://pandaily.com/?p=67997 Leading auto cleaning robots supplier Ecovacs released a number of new products on Wednesday, including the Deebot X1, an AI intelligent voice assistant Yiko, and Airbot Z1, a multifunctional air purification robot.

Read: Ecovacs Releases Cleaning Robot Equipped with AI Chip and Voice Assistant YIKO on Pandaily.

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Automotive Post Market Service Provider New Carzone Completes Financing of $200 Million Led by Asia Investment Capital and Alibaba https://pandaily.com/automotive-post-market-service-provider-new-carzone-completes-financing-of-200-million-led-by-asia-investment-capital-and-alibaba/ Thu, 16 Sep 2021 10:33:50 +0000 https://pandaily.com/?p=67974 New Carzone, a one-stop automotive post market service platform, announced on Thursday that it had completed a D round of financing worth nearly 200 million US dollars.

Read: Automotive Post Market Service Provider New Carzone Completes Financing of $200 Million Led by Asia Investment Capital and Alibaba on Pandaily.

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Number of ATMs in China Now Less Than One Million in Age of Mobile Payment https://pandaily.com/number-of-atms-in-china-now-less-than-one-million-in-age-of-mobile-payment/ Thu, 16 Sep 2021 09:38:01 +0000 https://pandaily.com/?p=67985 According to the latest PBoC report on the overall operation of payment systems during the second quarter of 2021, the number of automatic teller machines (ATMs) in the country has fallen below one million.

Read: Number of ATMs in China Now Less Than One Million in Age of Mobile Payment on Pandaily.

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Honor and Microsoft Deepen Strategic Cooperation, Honor’s MagicBook V14 to Launch Soon https://pandaily.com/honor-and-microsoft-deepen-strategic-cooperation-honors-magicbook-v14-to-launch-soon/ Thu, 16 Sep 2021 09:18:36 +0000 https://pandaily.com/?p=67969 Chinese smartphone maker Honor and American tech giant Microsoft have announced on Thursday that they will expand their partnership as they pursue a more innovative experience for end users.

Read: Honor and Microsoft Deepen Strategic Cooperation, Honor’s MagicBook V14 to Launch Soon on Pandaily.

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XPeng Launches “Game-Changing” New P5 Sedan for Chinese Market, Plans for European Model Underway https://pandaily.com/xpeng-launches-game-changing-new-p5-sedan-for-chinese-market-plans-for-european-model-underway/ Thu, 16 Sep 2021 04:09:02 +0000 https://pandaily.com/?p=67963 Initially available only for orders in China, with deliveries expected by the end of October, company employees have indicated plans to develop another version for the European market sometime in the next year.

Read: XPeng Launches “Game-Changing” New P5 Sedan for Chinese Market, Plans for European Model Underway on Pandaily.

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How Can China’s Car Exports Avoid Impact of Global Chip Shortage? National Bureau of Statistics Responds https://pandaily.com/how-can-chinas-car-exports-avoid-impact-of-global-chip-shortage-national-bureau-of-statistics-responds/ Thu, 16 Sep 2021 03:59:36 +0000 https://pandaily.com/?p=67958 According to statistics from China's customs officials, in the first eight months, China exported 137.7 billion yuan of automotive goods (including chassis), an increase of 111.1%.

Read: How Can China’s Car Exports Avoid Impact of Global Chip Shortage? National Bureau of Statistics Responds on Pandaily.

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Wang Teng Succeeds Zhu Lei as Head of Xiaomi’s China Sales Operation Department https://pandaily.com/wang-teng-succeeds-zhu-lei-as-head-of-xiaomis-china-sales-operation-department/ Thu, 16 Sep 2021 03:04:37 +0000 https://pandaily.com/?p=67948 Zhu Lei, General Manager of the Sales Operation Department 1 of Xiaomi Group China, was recently succeeded by Wang Teng, a younger official born in the 1980s .

Read: Wang Teng Succeeds Zhu Lei as Head of Xiaomi’s China Sales Operation Department on Pandaily.

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XPeng Launches New P5 Smart Family Sedan Starting at RMB 157,900 https://pandaily.com/xpeng-launches-new-p5-smart-family-sedan-starting-at-rmb-157900/ Wed, 15 Sep 2021 14:58:06 +0000 https://pandaily.com/?p=67854 Today, XPeng officially launched its third production model, the XPeng P5 smart family sedan, the world’s first production vehicle to implement auto-grade LiDAR technology.

Read: XPeng Launches New P5 Smart Family Sedan Starting at RMB 157,900 on Pandaily.

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Vivo OriginOS Awarded CTTL’s First Five-Star Certificate for Personal Information Protection https://pandaily.com/vivo-originos-awarded-cttls-first-five-star-certificate-for-personal-information-protection/ Wed, 15 Sep 2021 14:46:19 +0000 https://pandaily.com/?p=67846 OriginOS, a new generation of intelligent terminal operating systems introduced by Chinese smartphone maker Vivo, has been awarded a five-star certificate for its protection capability of personal information.

Read: Vivo OriginOS Awarded CTTL’s First Five-Star Certificate for Personal Information Protection on Pandaily.

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Xiaomi Announces Xiaomi 11T Series https://pandaily.com/xiaomi-announces-xiaomi-11t-series/ Wed, 15 Sep 2021 14:33:12 +0000 https://pandaily.com/?p=67832 Chinese smartphone maker Xiaomi launched its 11T series on Wednesday including the new 11T Pro, the standard 11T, and the 11T Lite 5G NE.

Read: Xiaomi Announces Xiaomi 11T Series on Pandaily.

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Robot Company Keenon Completes D Round of Financing Worth $200 Million Led by Vision Fund https://pandaily.com/robot-company-keenon-completes-d-round-of-financing-worth-200-million-led-by-vision-fund/ Wed, 15 Sep 2021 12:43:55 +0000 https://pandaily.com/?p=67711 Chinese media outlet 36Kr reported on Wednesday that Keenon Robotics Co., Ltd. has completed a D round of financing worth $200 million. This round of funding was led by Vision Fund.

Read: Robot Company Keenon Completes D Round of Financing Worth $200 Million Led by Vision Fund on Pandaily.

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LEAKED: 60x Zoom and All-New Helio G96 Mean A Complete Overhaul for TECNO’s New CAMON 18 Series https://pandaily.com/leaked-60x-zoom-and-all-new-helio-g96-mean-a-complete-overhaul-for-tecnos-new-camon-18-series/ Wed, 15 Sep 2021 12:38:36 +0000 https://pandaily.com/?p=67818 We recently got our hands on some photos of the latest CAMON model from TECNO, rumored to be coming out in early October. The tri-camera set-up and classy chrome-inspired colours have got us wanting for more.

Read: LEAKED: 60x Zoom and All-New Helio G96 Mean A Complete Overhaul for TECNO’s New CAMON 18 Series on Pandaily.

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Beijing Company Fined for Illegally Providing Online Game Services to Minors https://pandaily.com/beijing-company-fined-for-illegally-providing-online-game-services-to-minors/ Wed, 15 Sep 2021 12:26:34 +0000 https://pandaily.com/?p=67801 An information technology company in Beijing was warned and fined 100,000 yuan by Beijing police for illegally providing online game services to minors through its self-operated gaming platform.

Read: Beijing Company Fined for Illegally Providing Online Game Services to Minors on Pandaily.

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Evergrande Auto’s HK Stock Closes Down Over 24% https://pandaily.com/evergrande-autos-hk-stock-closes-down-over-24/ Wed, 15 Sep 2021 11:27:23 +0000 https://pandaily.com/?p=67702 Evergrande Auto closed down 24.66% to HK $3.88 per share on Tuesday, with a total market value of HK $37.904 billion ($4.873 billion).

Read: Evergrande Auto’s HK Stock Closes Down Over 24% on Pandaily.

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Meituan and Ele.me to Strictly Forbid Inducing or Forcing Delivery Riders to Register Individual Industrial and Commercial Households https://pandaily.com/meituan-and-ele-me-to-strictly-forbid-inducing-or-forcing-delivery-riders-to-register-individual-industrial-and-commercial-households/ Wed, 15 Sep 2021 10:50:47 +0000 https://pandaily.com/?p=67697 Rumors have spread concerning food delivery platforms requiring their riders to register as individual industrial and commercial households, so as to avoid a responsibility that companies should bear. Meituan and Ele.me responded.

Read: Meituan and Ele.me to Strictly Forbid Inducing or Forcing Delivery Riders to Register Individual Industrial and Commercial Households on Pandaily.

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UISEE and Baoding Ants Logistics Released Unmanned Transportation Project https://pandaily.com/uisee-and-baoding-ants-logistics-released-unmanned-transportation-project/ Wed, 15 Sep 2021 08:53:38 +0000 https://pandaily.com/?p=67690 Chinese autonomous driving company UISEE announced its cooperation with Baoding Ants Logistics on Tuesday and jointly released the unmanned transportation project.

Read: UISEE and Baoding Ants Logistics Released Unmanned Transportation Project on Pandaily.

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Canalys Shows China’s Cloud Infrastructure Market Has Hit $6.6 Billion, Baidu AI Cloud Sees Fastest Growth https://pandaily.com/canalys-shows-chinas-cloud-infrastructure-market-has-hit-6-6-billion-baidu-ai-cloud-sees-fastest-growth/ Wed, 15 Sep 2021 07:54:34 +0000 https://pandaily.com/?p=67683 Canalys released the second quarter 2021 report for China's cloud computing market on Monday, showing that the country's cloud infrastructure market increased by 54% in the period to reach $6.6 billion.

Read: Canalys Shows China’s Cloud Infrastructure Market Has Hit $6.6 Billion, Baidu AI Cloud Sees Fastest Growth on Pandaily.

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Alibaba’s Online Travel Booking Platform Fliggy Announces Solution to Automatic Refund of Universal Beijing Resort Tickets https://pandaily.com/alibabas-online-travel-booking-platform-fliggy-announces-solution-to-automatic-refund-of-universal-beijing-resort-tickets/ Wed, 15 Sep 2021 04:32:10 +0000 https://pandaily.com/?p=67653 In response to the incident of Universal Beijing Resort's speed ​​pass being automatically cancelled, Fliggy announced it will provide an additional 30% of the actual transaction amount of the product as compensation for the error.

Read: Alibaba’s Online Travel Booking Platform Fliggy Announces Solution to Automatic Refund of Universal Beijing Resort Tickets on Pandaily.

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CATL Reportedly Bids for Canadian Lithium Miner Millennial for About $300 Million https://pandaily.com/catl-reportedly-bids-for-canadian-lithium-miner-millennial-for-about-300-million/ Wed, 15 Sep 2021 04:25:00 +0000 https://pandaily.com/?p=67658 Chinese battery maker Contemporary Amperex Technology Co., Limited (CATL) was the mystery suitor behind the C$377 million ($298 million) offer for Vancouver-based Millennia.

Read: CATL Reportedly Bids for Canadian Lithium Miner Millennial for About $300 Million on Pandaily.

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China’s First Offline JD Mall to Open in Xi’an on September 30 https://pandaily.com/chinas-first-offline-jd-mall-to-open-in-xian-on-september-30/ Wed, 15 Sep 2021 03:38:03 +0000 https://pandaily.com/?p=67664 JD.com announced on Tuesday that its first JD MALL, the company's new offline shopping center, will open on September 30 and be situated in Xi'an, the eastern end of the historical Silk Road.

Read: China’s First Offline JD Mall to Open in Xi’an on September 30 on Pandaily.

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Tik Tok’s Sister App Douyin Denies Stealing Tencent’s Relationship Chain https://pandaily.com/tik-tok-owner-bytedance-denies-stealing-tencents-relationship-chain/ Tue, 14 Sep 2021 12:46:02 +0000 https://pandaily.com/?p=67571 A representative of Tencent on Monday said Tik Tok was suspected of stealing their relationship chain and was therefore blocked by their popular messaging App, Wechat. Tik Tok declared that Tencent's version of the matter is a rumor.

Read: Tik Tok’s Sister App Douyin Denies Stealing Tencent’s Relationship Chain on Pandaily.

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Huawei Releases Mine HarmonyOS Operating System https://pandaily.com/huawei-releases-mine-harmonyos-operating-system/ Tue, 14 Sep 2021 12:29:35 +0000 https://pandaily.com/?p=67563 On Tuesday, Huawei launched a new version of its proprietary operating system, HarmonyOS, for the mining industry.

Read: Huawei Releases Mine HarmonyOS Operating System on Pandaily.

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Alibaba Leads $300 million Investment into Autonomous Driving Start-up DeepRoute.ai https://pandaily.com/alibaba-leads-300-million-investment-into-autonomous-driving-start-up-deeproute-ai/ Tue, 14 Sep 2021 12:06:42 +0000 https://pandaily.com/?p=67483 DeepRoute.ai, an L4 autonomous driving company in China, announced on Tuesday that it had completed the B round of financing of $300 million, which was led by Alibaba.

Read: Alibaba Leads $300 million Investment into Autonomous Driving Start-up DeepRoute.ai on Pandaily.

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YKC Completes B2 Round of Financing with Investment from NIO Capital https://pandaily.com/ykc-completes-b2-round-of-financing-with-investment-from-nio-capital/ Tue, 14 Sep 2021 10:58:09 +0000 https://pandaily.com/?p=67474 YKCCN.com (YKC), a new energy Internet of Things (IoT) service provider, announced on Monday that it has completed a B2 round of financing in which NIO Capital served as an investor.

Read: YKC Completes B2 Round of Financing with Investment from NIO Capital on Pandaily.

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Alipay’s Ant Forest Responds to Online Query Regarding Planted Trees: Haloxylon Species is Only Short Due to Aridity https://pandaily.com/alipays-ant-forest-responds-to-online-query-regarding-planted-trees-haloxylon-species-is-only-short-due-to-aridity/ Tue, 14 Sep 2021 10:30:21 +0000 https://pandaily.com/?p=67465 Ant Forest, a green and low-carbon afforestation program launched by China's top e-payment app Alipay in 2016, has become popular all over the country.

Read: Alipay’s Ant Forest Responds to Online Query Regarding Planted Trees: Haloxylon Species is Only Short Due to Aridity on Pandaily.

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Chinese Official Encourages M&As of New Energy Auto Firms to Expand and Strengthen Sector https://pandaily.com/chinese-official-encourages-mas-of-new-energy-auto-firms-to-expand-and-strengthen-sector/ Tue, 14 Sep 2021 08:38:57 +0000 https://pandaily.com/?p=67460 The minister of MIIT said on Monday that new energy automobile enterprises should be encouraged to merge and reorganize to become stronger and improve industrial concentration.

Read: Chinese Official Encourages M&As of New Energy Auto Firms to Expand and Strengthen Sector on Pandaily.

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China VC Weekly: AR, Robots and Bike Sharing https://pandaily.com/china-vc-weekly-ar-robots-and-bike-sharing/ Tue, 14 Sep 2021 07:49:54 +0000 https://pandaily.com/?p=67453 In last week’s VC news, Chinese AR platform provider HiAR raised $42 million in its recent Series C round of financing, German-Chinese robotics firm Agile Robots raked in a whopping $220 million, and more.

Read: China VC Weekly: AR, Robots and Bike Sharing on Pandaily.

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CATL to Invest 13.5 Billion Yuan in Building a Lithium-Ion Battery Plant in Yichun, China https://pandaily.com/catl-to-invest-13-5-billion-yuan-in-building-a-lithium-ion-battery-plant-in-yichun-china/ Tue, 14 Sep 2021 06:04:00 +0000 https://pandaily.com/?p=67418 On Monday, leading Chinese battery firm Contemporary Amperex Technology Co., Limited (CATL) announced plans to invest a maximum of 13.5 billion ($2.09 billion) in building a new lithium-ion battery plant in the city of Yichun.

Read: CATL to Invest 13.5 Billion Yuan in Building a Lithium-Ion Battery Plant in Yichun, China on Pandaily.

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Xiaomi Releases Exploration Version of Smart Glasses, Supporting Call, Navigation and Voice Translation https://pandaily.com/xiaomi-releases-exploration-version-of-smart-glasses-supporting-call-navigation-and-voice-translation/ Tue, 14 Sep 2021 05:54:57 +0000 https://pandaily.com/?p=67428 The exploration version of Xiaomi Smart Glass has now been officially released. As a brand-new interactive wearable intelligent device, the product integrates a large number of sensors and communication modules.

Read: Xiaomi Releases Exploration Version of Smart Glasses, Supporting Call, Navigation and Voice Translation on Pandaily.

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Chinese Digital Audio Platform Ximalaya Applies for Listing in Hong Kong after Retracting US IPO https://pandaily.com/chinese-digital-audio-platform-ximalaya-applies-for-listing-in-hong-kong-after-retracting-us-ipo/ Tue, 14 Sep 2021 05:43:25 +0000 https://pandaily.com/?p=67412 Ximalaya has submitted an application for listing to the HKEx on Monday after dropping plans to list publicly in the United States. The firm's co-sponsors were Goldman Sachs, Morgan Stanley and CICC.

Read: Chinese Digital Audio Platform Ximalaya Applies for Listing in Hong Kong after Retracting US IPO on Pandaily.

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China Evergrande’s Shenzhen Headquarters Blocked by Investors https://pandaily.com/china-evergrandes-shenzhen-headquarters-blocked-by-investors/ Tue, 14 Sep 2021 05:17:47 +0000 https://pandaily.com/?p=67403 Cash-strapped property developer Evergrande Group saw its Shenzhen headquarters fall into a state of chaos on Monday when about 100 disgruntled investors came to demand repayment of loans and financial products.

Read: China Evergrande’s Shenzhen Headquarters Blocked by Investors on Pandaily.

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Huawei Releases Multiple Smart Office Devices, Number of Users Upgraded to HarmonyOS 2 Surpasses 100 Million https://pandaily.com/huawei-releases-multiple-smart-office-devices-number-of-users-upgraded-to-harmonyos-2-surpasses-100-million/ Tue, 14 Sep 2021 03:52:44 +0000 https://pandaily.com/?p=67392 During a smart office product launch event on Monday, Huawei released several new products and announced that the total number of users who have upgraded their devices to HarmonyOS 2 has passed the 100 million mark.

Read: Huawei Releases Multiple Smart Office Devices, Number of Users Upgraded to HarmonyOS 2 Surpasses 100 Million on Pandaily.

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AIM Vaccine, China’s Largest Private Vaccine Conglomerate, Applies for IPO in Hong Kong https://pandaily.com/aim-vaccine-chinas-largest-private-vaccine-conglomerate-applies-for-ipo-in-hong-kong/ Mon, 13 Sep 2021 14:36:04 +0000 https://pandaily.com/?p=67313 HKEx revealed on September 12th that AIM Vaccine Co., Ltd., submitted an IPO application to the main board of the HKEx, with Goldman, CICC, China Securities International and Macquarie Group as its co-sponsors.

Read: AIM Vaccine, China’s Largest Private Vaccine Conglomerate, Applies for IPO in Hong Kong on Pandaily.

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DFUB, Subsidiary of New Oriental, Shuts Down Tutoring Business for Grade 12 Students https://pandaily.com/dfub-subsidiary-of-new-oriental-shuts-down-tutoring-business-for-grade-12-students/ Mon, 13 Sep 2021 13:05:23 +0000 https://pandaily.com/?p=67299 On Monday, several China media outlets reported that DFUB, a subsidiary of New Oriental, had decided to close its tutoring business for Grade 12 students.

Read: DFUB, Subsidiary of New Oriental, Shuts Down Tutoring Business for Grade 12 Students on Pandaily.

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Xiaomi Auto May Acquire Borgward, Set Up Dual-Factory Model in Beijing and Wuhan https://pandaily.com/xiaomi-auto-may-acquire-borgward-set-up-dual-factory-model-in-beijing-and-wuhan/ Mon, 13 Sep 2021 12:55:27 +0000 https://pandaily.com/?p=67273 Xiaomi Auto may adopt a “dual factory” production model in Beijing and Wuhan. Sources said that the Beijing government is encouraging Xiaomi to acquire Borgward AG for production certification.

Read: Xiaomi Auto May Acquire Borgward, Set Up Dual-Factory Model in Beijing and Wuhan on Pandaily.

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Soho China’s Stock Tumbles 35% After Deal Falls Through, What Will Owner Shiyi Pan Do Now? https://pandaily.com/after-stocks-falls-35-what-will-founder-of-soho-china-pan-shiyi-do-now-after-he-failed-to-cash-out/ Mon, 13 Sep 2021 11:50:24 +0000 https://pandaily.com/?p=67187 This recent drop in the stock price might be attributable to the situation of Soho China and the couple Pan Shiyi and Zhang Xin, the controllers of the company.

Read: Soho China’s Stock Tumbles 35% After Deal Falls Through, What Will Owner Shiyi Pan Do Now? on Pandaily.

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Baidu Opens Robotaxi Service in Shanghai with Apollo Go Ride-Hailing Platform https://pandaily.com/baidu-opens-robotaxi-service-in-shanghai-with-apollo-go-ride-hailing-platform/ Mon, 13 Sep 2021 11:46:41 +0000 https://pandaily.com/?p=67179 Today, Baidu announced that it will begin public testing of its Apollo Go platform in Shanghai, marking the fifth city where passengers have the ability to trial the robotaxi service.

Read: Baidu Opens Robotaxi Service in Shanghai with Apollo Go Ride-Hailing Platform on Pandaily.

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Shenzhen Stock Exchange Issues Letter of Concern to Telling Telecommunication, After Stock Soars 267% https://pandaily.com/shenzhen-stock-exchange-issues-letter-of-concern-to-telling-telecommunication-after-stock-soars-267/ Mon, 13 Sep 2021 11:26:38 +0000 https://pandaily.com/?p=67178 Telling Telecommunication's share price opened down on Monday falling as low as 24.21 RMB per share. Since the beginning of August of this year, the stock has surged more than 220%.

Read: Shenzhen Stock Exchange Issues Letter of Concern to Telling Telecommunication, After Stock Soars 267% on Pandaily.

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Rotating Huawei CEO Xu Zhijun Predicts 6G Will Enter Market Around 2030 https://pandaily.com/rotating-huawei-ceo-xu-zhijun-predicts-6g-will-enter-market-around-2030/ Mon, 13 Sep 2021 06:32:50 +0000 https://pandaily.com/?p=67164 Huawei published an article on its internal employee community platform last Friday, announcing the company's expectations for 6G technology.

Read: Rotating Huawei CEO Xu Zhijun Predicts 6G Will Enter Market Around 2030 on Pandaily.

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Chinese Tech Companies Asked to Stop Blocking Access to Others’ Website Links https://pandaily.com/chinese-tech-companies-asked-to-stop-blocking-access-to-others-website-links/ Mon, 13 Sep 2021 05:50:46 +0000 https://pandaily.com/?p=67157 The Ministry of Industry and Information Technology (MIIT) held an administrative guidance meeting on September 9th and proposed standards for instant messaging services.

Read: Chinese Tech Companies Asked to Stop Blocking Access to Others’ Website Links on Pandaily.

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Tesla Increases Price of Model Y Performance in China Due to Fluctuations in Manufacturing Costs https://pandaily.com/tesla-increases-price-of-model-y-performance-in-china-due-to-fluctuations-in-manufacturing-costs/ Mon, 13 Sep 2021 04:26:54 +0000 https://pandaily.com/?p=67148 On September 11, Tesla China's official website showed that the price of its Model Y Performance car was raised by 10,000 yuan ($1,552) to reach a total of 387,900 yuan.

Read: Tesla Increases Price of Model Y Performance in China Due to Fluctuations in Manufacturing Costs on Pandaily.

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Xiaomi Founder Lei Jun Visits FAW for In-Depth Talks on Carmaking Partnership https://pandaily.com/xiaomi-founder-lei-jun-visits-faw-for-in-depth-talks-on-carmaking-partnership/ Mon, 13 Sep 2021 04:08:25 +0000 https://pandaily.com/?p=67139 The founder of Chinese electronics giant Xiaomi, Lei Jun, has recently visited the headquarters of automaker FAW Group in northeast China's Jilin Province for in-depth talks on a vehicle-making partnership.

Read: Xiaomi Founder Lei Jun Visits FAW for In-Depth Talks on Carmaking Partnership on Pandaily.

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Opinion: Who is the Chinese Jeff Bezos? https://pandaily.com/opinion-who-is-the-chinese-jeff-bezos/ Fri, 10 Sep 2021 13:41:57 +0000 https://pandaily.com/?p=67109 Different people may approach this question differently. But I would like to offer the best choice in my mind: Wang Xing, CEO of Meituan.

Read: Opinion: Who is the Chinese Jeff Bezos? on Pandaily.

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Tesla Opens New Delivery Center in Beijing With Over 100 Delivery Spaces, Its Largest in Asia https://pandaily.com/tesla-opens-new-delivery-center-in-beijing-with-over-100-delivery-spaces-its-largest-in-asia/ Fri, 10 Sep 2021 10:08:33 +0000 https://pandaily.com/?p=66972 On the eighth anniversary of its entry into the Chinese market, Tesla opened a new delivery center in Beijing, covering about 12,000 square meters.

Read: Tesla Opens New Delivery Center in Beijing With Over 100 Delivery Spaces, Its Largest in Asia on Pandaily.

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Xiaomi Auto Plans to Launch First Models in 2024 and Sell 900,000 Vehicles in Three Years https://pandaily.com/xiaomi-auto-plans-to-launch-first-models-in-2024-and-sell-900000-vehicles-in-three-years/ Fri, 10 Sep 2021 09:28:39 +0000 https://pandaily.com/?p=66978 Several sources have informed Chinese domestic media outlet 36Kr that Xiaomi Auto plans to debut its first models in the first half of 2024.

Read: Xiaomi Auto Plans to Launch First Models in 2024 and Sell 900,000 Vehicles in Three Years on Pandaily.

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Alibaba-Backed AI Startup Megvii Receives Go-Ahead for 6 Billion Yuan Shanghai IPO https://pandaily.com/alibaba-backed-ai-startup-megvii-receives-go-ahead-for-6-billion-yuan-shanghai-ipo/ Fri, 10 Sep 2021 09:12:51 +0000 https://pandaily.com/?p=67002 An official announcement issued by the Shanghai Stock Exchange on Thursday showed that the initial listing of AI firm Megvii Technology on the Science and Technology Innovation Board has been approved.

Read: Alibaba-Backed AI Startup Megvii Receives Go-Ahead for 6 Billion Yuan Shanghai IPO on Pandaily.

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How Buffet-Backed BYD is Changing Public Transport, One Electric Bus at a Time https://pandaily.com/how-buffet-backed-byd-is-changing-public-transport-one-electric-bus-at-a-time/ Fri, 10 Sep 2021 08:53:07 +0000 https://pandaily.com/?p=66971 Whether internationally recognized or not, however, the company is already the world’s largest producer of electric buses and is quietly beginning to transform urban transportation across the world.

Read: How Buffet-Backed BYD is Changing Public Transport, One Electric Bus at a Time on Pandaily.

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Chinese Smartphone Maker Vivo Announces Global Launch of X70 Series https://pandaily.com/chinese-smartphone-maker-vivo-announces-global-launch-of-x70-series/ Fri, 10 Sep 2021 08:49:13 +0000 https://pandaily.com/?p=66959 Chinese smartphone maker Vivo on Friday officially debuted its X70 series of professional photography flagship smartphones, starting in several markets around the world.

Read: Chinese Smartphone Maker Vivo Announces Global Launch of X70 Series on Pandaily.

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TCL to Spend Over 20 Billion Yuan on Semiconductor Development, Will Carry Out R&D with Other Tech Giants Including Meituan and Baidu https://pandaily.com/tcl-to-spend-over-20-billion-yuan-on-semiconductor-development-will-carry-out-rd-with-other-tech-giants-including-meituan-and-baidu/ Fri, 10 Sep 2021 08:07:21 +0000 https://pandaily.com/?p=66918 On Thursday, Chinese electronics firm TCL indicated that over the next five years it will invest more than 20 billion yuan ($3.1 billion) in the fields of smart terminals, semiconductor display and materials, semiconductor photovoltaics.

Read: TCL to Spend Over 20 Billion Yuan on Semiconductor Development, Will Carry Out R&D with Other Tech Giants Including Meituan and Baidu on Pandaily.

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Ren Jun Becomes Legal Representative of Suning.com, Taking Over From Zhang Jindong https://pandaily.com/ren-jun-becomes-legal-representative-of-suning-com-taking-over-from-zhang-jindong/ Fri, 10 Sep 2021 07:40:17 +0000 https://pandaily.com/?p=66932 According to the Tianyancha app, Suning.com has undergone a series of industrial and commercial changes. For instance, its legal representative has been changed from Zhang Jindong to Ren Jun.

Read: Ren Jun Becomes Legal Representative of Suning.com, Taking Over From Zhang Jindong on Pandaily.

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Chinese Digital Audio Sharing Platform Ximalaya to Withdraw IPO Plan in US https://pandaily.com/chinese-digital-audio-sharing-platform-ximalaya-to-withdraw-ipo-plan-in-us/ Fri, 10 Sep 2021 07:23:20 +0000 https://pandaily.com/?p=66947 Chinese streaming platform Ximalaya requested to withdraw its initial public offering (IPO) plan in the U.S. on Friday, after applying for a listing in the country in April earlier this year.

Read: Chinese Digital Audio Sharing Platform Ximalaya to Withdraw IPO Plan in US on Pandaily.

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NetEase Founder Denies Rumors that China Will Suspend Approval of New Online Games https://pandaily.com/netease-founder-denies-rumors-that-china-will-suspend-approval-of-new-online-games/ Fri, 10 Sep 2021 07:02:05 +0000 https://pandaily.com/?p=66937 Up to now, Chinese regulators have not yet released information to dispel the rumors, but gaming shares have all fallen. Tencent Holdings and Bilibili fell by over 8%, while NetEase fell by over 11%.

Read: NetEase Founder Denies Rumors that China Will Suspend Approval of New Online Games on Pandaily.

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Faraday Future to Host Annual 919 Futurist Day and Announce Progress of FF 91 Production and Delivery https://pandaily.com/faraday-future-to-host-annual-919-futurist-day-and-announce-progress-of-ff-91-production-and-delivery/ Fri, 10 Sep 2021 06:30:36 +0000 https://pandaily.com/?p=66907 Los Angeles-based EV startup Faraday Future on Wednesday announced that the annual 919 Futurist Day will be held on September 19.

Read: Faraday Future to Host Annual 919 Futurist Day and Announce Progress of FF 91 Production and Delivery on Pandaily.

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Turning Their Backs on Factories, China’s Small-Town Youths Make a Living on the Internet https://pandaily.com/turning-their-backs-on-factories-chinas-small-town-youths-make-a-living-on-the-internet/ https://pandaily.com/turning-their-backs-on-factories-chinas-small-town-youths-make-a-living-on-the-internet/#respond Fri, 10 Sep 2021 06:28:46 +0000 https://pandaily.com/?p=66894 With factory workers who once formed China’s economic backbone aging and their children shifting from traditional sectors to the booming Internet industry, policymakers have taken steps to address the change.

Read: Turning Their Backs on Factories, China’s Small-Town Youths Make a Living on the Internet on Pandaily.

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Intel Appoints New Chairman of China Operations, Current President to Retire at End of Year https://pandaily.com/intel-appoints-new-chairman-of-china-operations-current-president-to-retire-at-end-of-year/ Fri, 10 Sep 2021 05:10:28 +0000 https://pandaily.com/?p=66888 Technology giant Intel announced on Friday that it has appointed Dr. Wang Rui as Senior Vice President and Chairman of Intel China, overseeing all of the firm's subsidiary businesses and teams.

Read: Intel Appoints New Chairman of China Operations, Current President to Retire at End of Year on Pandaily.

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LinkDoc Seeks $200-300 Million Ahead of Hong Kong IPO https://pandaily.com/linkdoc-seeks-200-300-million-ahead-of-hong-kong-ipo/ Thu, 09 Sep 2021 12:47:21 +0000 https://pandaily.com/?p=66827 LinkDoc Technology Limited, a medical data platform company backed by Alibaba Group, plans to lead a $200 to $300 million financing round before its upcoming IPO in Hong Kong.

Read: LinkDoc Seeks $200-300 Million Ahead of Hong Kong IPO on Pandaily.

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Official Tianjin Departments Summon Ride-hailing Platforms Including Didi, Demanding a Stop to Recruitment of Non-Compliant Vehicles https://pandaily.com/official-tianjin-departments-summon-ride-hailing-platforms-including-didi-demanding-a-stop-to-recruitment-of-non-compliant-vehicles/ Thu, 09 Sep 2021 12:27:51 +0000 https://pandaily.com/?p=66721 Six Tianjin Government Departments conducted a joint interview with eight car-hailing platforms on Wednesday, including Didi Chuxing, T3 Travel, Meituan and CaoCao Chuxing.

Read: Official Tianjin Departments Summon Ride-hailing Platforms Including Didi, Demanding a Stop to Recruitment of Non-Compliant Vehicles on Pandaily.

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WeRide Cooperates with Jiangling Motors and ZTO Express to Pilot the Operation of WeRide Robovan https://pandaily.com/weride-cooperates-with-jiangling-motors-and-zto-express-to-pilot-the-operation-of-weride-robovan/ Thu, 09 Sep 2021 12:21:28 +0000 https://pandaily.com/?p=66715 Chinese autonomous driving company WeRide announced on Thursday that it will work with auto maker Jiangling Motors (JMC) and ZTO Express to promote the mass production and the commercialization of the company's Robovan.

Read: WeRide Cooperates with Jiangling Motors and ZTO Express to Pilot the Operation of WeRide Robovan on Pandaily.

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A Chinese Gaming Company to Launch First Metaverse Concept Game, Shares Hit Trading Limit of 20% https://pandaily.com/a-chinese-gaming-company-to-launch-first-metaverse-concept-game-shares-hit-trading-limit-of-20/ Thu, 09 Sep 2021 11:07:20 +0000 https://pandaily.com/?p=66710 Influenced by the news that the company would launch a Metaverse concept game "Brew Master", Chinese gaming company Zhongqingbao's stock rose sharply this week for the second day in a row.

Read: A Chinese Gaming Company to Launch First Metaverse Concept Game, Shares Hit Trading Limit of 20% on Pandaily.

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Alibaba-Backed Hello Inc. to Complete New Round of Financing https://pandaily.com/alibaba-backed-hello-inc-to-complete-new-round-of-financing/ Thu, 09 Sep 2021 09:43:00 +0000 https://pandaily.com/?p=66705 According to a source related to investment institutions, comprehensive mobile travel platform Hello Inc. is to complete a new round of financing, coming in at a higher valuation than before.

Read: Alibaba-Backed Hello Inc. to Complete New Round of Financing on Pandaily.

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Tencent Launches 50 Billion Yuan ‘Common Prosperity’ Plan https://pandaily.com/tencent-launches-50-billion-yuan-common-prosperity-plan/ Thu, 09 Sep 2021 09:24:26 +0000 https://pandaily.com/?p=66700 Chinese technology firm Tencent announced the launch of the first batch of its 50 billion yuan ($7.74 billion) 'Common Prosperity' plan in a letter sent today to company employees.

Read: Tencent Launches 50 Billion Yuan ‘Common Prosperity’ Plan on Pandaily.

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China Consumers Association Slams Advance Screening Problem on Video Platforms https://pandaily.com/china-consumers-association-slams-advance-screening-problem-on-video-platforms/ Thu, 09 Sep 2021 08:56:55 +0000 https://pandaily.com/?p=66695 The issue of VIP membership services and advance screening, whereby video platforms provide a preview of drama episodes in advance for VIP members who have paid extra, has aroused heated discussion among Chinese netizens.

Read: China Consumers Association Slams Advance Screening Problem on Video Platforms on Pandaily.

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Huawei’s Auto Business Partner Sokon Sold 3,565 New Energy Vehicles in August, a YoY Increase of 146% https://pandaily.com/huaweis-auto-business-partner-sokon-sold-3565-new-energy-vehicles-in-august-a-yoy-increase-of-146/ Thu, 09 Sep 2021 06:31:33 +0000 https://pandaily.com/?p=66678 Recently, Chongqing Sokon Industry Group announced its August production and sales report. The data show that the company sold 3,565 new energy vehicles in August, a year-on-year increase of 146%.

Read: Huawei’s Auto Business Partner Sokon Sold 3,565 New Energy Vehicles in August, a YoY Increase of 146% on Pandaily.

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BYD Releases New Concept Car Ocean-X https://pandaily.com/byd-releases-new-concept-car-ocean-x/ Thu, 09 Sep 2021 06:15:25 +0000 https://pandaily.com/?p=66657 On September 8, Chinese battery and electric vehicle (EV) firm BYD debuted its "e-platform 3.0," an exclusive platform for EVs, and new concept vehicle "Ocean-X".

Read: BYD Releases New Concept Car Ocean-X on Pandaily.

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DJI Releases New Generation of Smartphone Gimbal, OM 5 Priced At $159 https://pandaily.com/dji-releases-new-generation-of-smartphone-gimbal-om-5-priced-at-159/ Thu, 09 Sep 2021 05:59:19 +0000 https://pandaily.com/?p=66665 DJI on September 8 released the DJI OM 5, a handheld gimbal for smartphones, with a price of $159. The new product includes the stabilizer, a magnetic phone clamp, a grip tripod, a storage pouch and other parts.

Read: DJI Releases New Generation of Smartphone Gimbal, OM 5 Priced At $159 on Pandaily.

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