News Archives - Pandaily

BYD’s Li Yunfei Responds to Intensive Inspections of the Construction Contractor at the Brazil Factory

BYD's Li Yunfei responds to intensive inspections of the construction party at the Brazilian factory: Intentional defamation.

Ant Group Announced Organizational Restructuring

Previously, it was officially confirmed that Han Xinyi would take on the role of CEO of Ant Group starting from March 1, 2025. This reorganization marks the first significant move made by Han Xinyi since the announcement of his upcoming CEO position.

ByteDance Founder Zhang Yiming Enters the Private Equity Industry, Mainly Investing in Technology-Related Sectors

ByteDance co-founder Zhang Yiming established 'Cool River Venture HK Limited' has obtained an asset management license, with a main investment focus on technology-related industries.

NVIDIA’s Thor Chip Production Delayed, XPeng Plans to Shelve Deployment

The news said that the mass production of NVIDIA's Thor chip has been significantly delayed, and XPeng plans to shelve its integration.

Malta Calls for Recall of Children’s Shoes with Excessive Harmful Chemicals Sold on Shein and Temu

The Malta Competition and Consumer Affairs Authority has issued a recall notice for five children's shoe products on the ecommerce platforms Shein and Temu due to concerns about potentially harmful chemicals.

Tesla Cybertruck Getting Closer to Entering Chinese Market

While Tesla Cybertruck passed the energy consumption calculation declaration, it is just one of the many requirements for a car to enter the Chinese market.

Geely-backed EV Brand Jiyue Faces Business Collapse, with Sudden Large-Scale Layoffs and Multi-Debt Defaults

On December 11th, Xia Yiping, CEO of the Chinese electric car brand Jiyue, sent out an internal message to his employees admitting that the company is currently "facing challenges and needs to make immediate adjustments".

iMotion and Horizon Robotics to Develop Comprehensive Intelligent Driving Solution Using J6E

Chinese autonomous driving solution provider iMotion will strategically collaborate with Horizon Robotics to develop an intelligent driving solution based on the Horizon Journey Series 6E chip.

CATL’s Third European Battery Plant Lands in Spain

On December 10th, CATL and Stellantis, the world's fourth-largest automotive group, inked a deal, each holding a 50% stake to form a joint venture.

Jack Ma Speaks at Ant Group’s 20th Anniversary Event

On December 8th, Jack Ma attended the 20th anniversary event of Ant Group and gave a speech.

Neta Auto CEO Speculated to Have Resigned

On December 2, Neta refuted rumors about Zhang Yong's resignation. A Neta Auto representative stated, "He is still with the company and has not resigned. The company's operations continue as usual."

Leadership Changes at Xiaomi: Ma Ji and Yan Kesheng Step Down as VPs

These recent high-level personnel changes represent not just a restructuring of Xiaomi's management, but also a reevaluation of its strategic direction.

XPeng Motors: Former Employees Fabricated False Information and Will Be Held Accountable

XPeng Motors issued a statement saying that some former employees who have left the company accepted paid interviews from securities firms and fabricated a large amount of false information, and they will be held accountable.

BYD and NIO Deny Plans to Establish A Joint Venture Company

Both BYD and NIO have denied that they will establish a joint venture company.

Realme Announces Neo Series Independence, Neo7 Phone Coming Next Month

On November 25th, realme officially announced that the Neo series will be independent, and the realme Neo7 phone will be released next month.

ATRenew Posts Record Profit in Q3 2024 as Diversification and Self-operated Retailing Drive Growth

ATRenew, a leading platform for pre-owned consumer electronics transactions and services, announced its Q3 2024 financial results, showcasing robust growth and operational milestones.

DJI Announces New Product Launch on November 26, Likely Mic Mini

DJI announced that it will release a new product at 21:00 on November 26, 2024 Beijing time. This mysterious new product is expected to be the Mic Mini microphone.

2024 Beike Beijing Marathon Concludes Successfully

With 30,000 runners applying from 43 countries, KE Holdings Inc. successfully supports the 2024 Beike Beijing Marathon and National Marathon Championships (3rd leg).

ByteDance’s Zhang Yiming Becomes the First Self-Made Chinese Billionaire Born in the ’80s

Zhang Yiming, the 41-year-old founder of ByteDance, increased his wealth by 105 billion yuan from last year, becoming China's richest person for the first time with 350 billion yuan.

SenseTime Advances Chip Business, Completes Financing in the Hundreds of Millions

To ease financial pressures, SenseTime has quietly made its chip business a separate company, which has also successfully raised substantial funds.

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