Pandaily's Digest #20210705
Didi removed from app stores, OPPO Reno 6 releases new color scheme, Alibaba announces organizational upgrade, SF Holdings subsidiary files for HK IPO, ByteDance prioritizes music products, and more.
Didi Removed from App Stores, User Registration Suspended
As of the evening of July 4, Didi Chuxing, the Chinese online ride-hailing giant, has been accused of the serious illegal collection of personal information and has been ordered to be removed from app stores and has stopped registering new users.
New Color Scheme for OPPO Reno 6 to Be Released July 5th
OPPO, a Chinese smartphone brand, announced a new color scheme for its Reno 6 smartphone, which was launched on June 11.
Didi Chuxing Undergoes Cybersecurity Review Two Days after Its U.S. IPO
Recently-listed ride-hailing app, Didi Chuxing, has now found itself the subject of a national security and public interest investigation by China’s cybersecurity watchdog.
Alibaba Announces Organizational Upgrade in Its New Life Service Sector
Alibaba has announced a major organizational shift in its company, integrating three of its major location-based businesses, namely AutoNavi, Local Life and Fliggy, into its life services section.
Delivery Company Backed by Logistics Giant SF Holding Files IPO in Hong Kong
A subsidiary of leading Chinese logistics firm SF Holding, Tongcheng Industrial Co., Ltd., submitted a listing application to the Hong Kong stock exchange on Wednesday, aiming to gain a leg up in the intensifying price war across the industry.
ByteDance Prioritizes Music Product, Places Former TikTok Chief at Helm
According to domestic media outlet 36Kr, ByteDance has recently raised the priority level for its music products to P1, on par with its games and education services. Meanwhile, Alex Zhu, Vice President of Product and Strategy for ByteDance and former head of its wildly popular TikTok platform, has taken over the project to lead the firm’s overseas music product, Resso.
BOSS Zhipin and Huochebang to Undergo Security Review, User Registration Suspended
On July 5th, the Chinese government issued an announcement on launching a network security review for Yunmanman, Huochebang and BOSS Zhipin.
ByteDance Puts Money Behind Influencer Li Ziqi, Marching into New Consumption Field
Chinese tech giant ByteDance took up a 1.48% stake in Weinian Brand Management Co, Ltd, the agency responsible for one of the most popular influencers in China right now, Li Ziqi.
Shenzhou-12 Crews Successfully Performs First Space Walk Mission
According to the China Manned Space Engineering Office, on July 4th, after about 7 hours, Shenzhou-12 taikonauts worked closely together and successfully completed all the scheduled tasks during their extravehicular activities.
Xiaomi's Founder Lei Jun to Give 600 Shares to Every Employee of Jinshan Group
On Monday, which marks the tenth year of Jinshan shifting its business focus from software to mobile Internet, Lei Jun, chairman of Jinshan Group announced in a letter that he would give 600 shares to all employees of Jinshan, totaling about 4.8 million units. This decision aims at honoring the contribution that all the employees have made to the achievements of the group and encouraging employees to further make their contribution to the expansion of the company.
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