Pandaily's Digest #20201102
ByteDance Launches Smart Lamp along with Education Brand Dali, Global Smartphone Market Sees Strong Recovery in Q3 and China VC Weekly
Tech Unicorn ByteDance Launches Smart Lamp along with Education Brand Dal
Internet tech giant ByteDance on Oct. 29 unveiled its a smart lamp priced at 799 yuan ($119) for the education sector as well as announced the new education brand Dali as part of its plan to diversify its businesses.
Huawei Mate 40 Series to Be First Smartphone to Support China’s New Digital Yuan
Huawei Mate 40 series will feature a built-in hardware wallet for the Chinese digital yuan, announced Chengdong Yu, CEO of Huawei’s Consumer Business on Friday. It is the first smartphone that supports the digital yuan hardware wallet.
Global Smartphone Market Sees Strong Recovery in Q3, Samsung tops, Followed by Huawei
The global smartphone market saw strong recovery in the third quarter of 2020, with shipments declining only 1.3% year over year, in contrast to the much worse numbers in this year’s first two quarters, according to preliminary data from the International Data Corporation (IDC). South Korea’s Samsung reclaimed the top spot, replacing Huawei whose shipments slumped domestically and globally. Huawei, Xiaomi, Apple and Vivo ranked two to five, respectively.
Tencent-backed Esport Star Honor of Kings DAU Reaches 100 million
Tencent Games announced on Nov. 1 during a live-streamed celebration of the game’s 5th anniversary that its star mobile game Honor of Kings has obtained an average daily active users (DAU) of 100 million, becoming the world’s first esport product reaching such a volume of users.
China VC Weekly: Biotech, Autonomous Driving and AI
Gracell Biotechnologies raises $100 million in Series C round; Autonomous driving startup Pony.ai bags $300 million, $6 billion valuation; AI firm MINIEYE raises $40 million in Series C round.
Aging Population Problem Looms, China Starts 7th Once-A-Decade Census
China kicked off its 7th national census on Sunday, with about 7 million census takers knocking on doors using mobile apps for data collection for the first time.
China’s Booming Sci-fi Industry Exceeds 60B Yuan in Revenue
China’s sci-fi industry reached 65.8 billion yuan ($9.8 billion) in revenue in 2019, up 44% year-on-year, according to a report announced on Sunday.
Online E-Commerce Platforms Promote Development of Domestic Chinese Brands: Research Institute
Domestic demand serves as the driver of economic growth and the new online economy is helping promote the development of Chinese brands, a recent report said.
The Hottest E-commerce Live Streamers in China 2020
E-commerce livestreaming has became a phenomenon in China since the outbreak of COVID-19. The most popular sales platforms such as Taobao, Douyin, Kuaishou, all have their own star live streamers. Here are the hottest e-commerce live streamers from each platform in 2020.
Bilibili Gaming Establishes Headquarters in Hangzhou
On Oct. 30, Bilibili Gaming (BLG) held a grand opening of its headquarters in Hangzhou Future Science Town. Local government officials including the secretary of Yuhang District Communist Party Committee, Zhenfeng Zhang, Bilibili president and CEO, Mr. Rui Chen, and BLG CEO Youyou Chen attended the event.
US Could Allow Chipmakers to Supply Huawei for Non-5G businesses
Huawei could be handed a potential lifeline as the US loosens its sanctions against the tech company, allowing a growing number of chipmakers around the world to supply components to Huawei as long as they are not used in the company’s 5G research and development, according to a Financial Times report.
China Ranks 3rd in Global Law and Order Report, Survey Says
China ranked third in a global survey on people’s perceptions of their personal security, indicating its residents have a high sense of security.