Pandaily Digest | Jan 30, 2023
Editor's note: Chinese users from all over the country can now access online supermarket shopping services on ByteDance's short video app Douyin.
ByteDance’s Douyin App Launches Supermarket Business
Chinese users from all over the country can now access online supermarket shopping services on ByteDance's short video app Douyin. Link
Headlines from China
Full Truck Alliance Responds to Short Seller Report
Full Truck Alliance, a Chinese digital freight platform, issued a statement on January 25 in response to a report by short seller firm J Capital Research, firmly denying allegations that it has overstated or falsified any operating or financial data. Link
Alibaba Denies Setting Up Global HQ in Singapore
Alibaba denied a rumor that it is planning to build global headquarters in Singapore, adding that the firm had participated in the construction of a joint facility in 2019 to provide office space for various Southeast Asian business units under Lazada and other subsidiaries. Link
XPeng Aeroht’s Flying Car Obtains Special Flight Permit in China
XPeng Aeroht, a flying car company owned by XPeng, announced on January 30 that the self-developed flying car XPeng X2 has obtained a special flight permit issued by the Civil Aviation Administration of China (CAAC). Link
Infection Rate of COVID-19 Shows Downward Trend in China
A report from the Chinese Center for Disease Control and Prevention on January 15 showed that, based on optional nucleic acid testing data, positive cases across the country have showed a clear trend of increasing then decreasing since December 9 of last year. Link
News You Shouldn't Miss
Chinese Social Media App Xiaohongshu Integrates Conflux as Permissionless Blockchain
With more than 200 million monthly active users, Xiaohongshu, a Chinese lifestyle-based social media platform, has integrated Conflux Network as a permissionless blockchain within the app. Link
WeChat Offline Payment Transactions Up 23% During Spring Festival Holiday
With more than 200 million monthly active users, Xiaohongshu, a Chinese lifestyle-based social media platform, has integrated Conflux Network as a permissionless blockchain within the app. Link
Installation of China’s First Commercial Spacecraft Launch Site Starts in Hainan
Installation of equipment at a station for China's first commercial spacecraft launch site started on January 29 in Wenchang, a city in China's southern island province of Hainan. The site is scheduled to complete work by the end of this year. Link
Movie Box Office Sales During China’s Spring Festival Holiday Reach $992M
According to Dengta, a Chinese movie data platform, the total box office proceeds from movies debuting during this year's Spring Festival holiday reached 6.734 billion yuan ($992 million), ranking second in Chinese film history and exceeding the 6.039 billion yuan recorded in 2022. Link
China-Made Jetliner C919 to Carry Passengers in March
As the 2023 Spring Festival wound down, China's first domestically-made large jetliner C919 took its first flight on January 28 from Shanghai Hongqiao International Airport to Nanchang Changbei International Airport in Jiangxi Province. Link
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