Pandaily's Digest #20211122
Team behind China’s anti-overwork campaign disbands, Bilibili obtains payment license, Pakistan lifts TikTok ban, ByteDance bets on web novel business, BYD unveils hybrid sedan Destroyer 05, and more.
“I Think I Am Doing the Right Thing, but I Meet with Such Stiff Resistance”: The Team behind China’s Anti-Overwork Campaign
The viral project that amassed more than 10 million views in less than a week has been reduced to a flameout amid a mixture of anti-overwork sentiment and digital censorship in Chinese society.
Bilibili Obtains Payment License and Acquires Original Comic Platform Youyaoqi
Bilibili acquired 65.5% equity of Zhejiang Yongyi Electronic Payment Co., Ltd., a licensed payment institution, for about 118 million yuan ($18.5 million).
Eastern China’s Qingdao Secures NIO Vehicles for Police Use, Faces Online Scrutiny
NIO delivered eight of its ES6 models as police cars to the Laoshan District of the city of Qingdao in Shandong Province, after which a number of internet users questioned whether these vehicles were in violation of procurement procedures.
Fallen Bike-Sharing Platform Ofo’s New Deposit Refund Measures Questioned by Chinese Netizens
Ofo, a bankrupt bike-sharing platform, has recently faced criticism on Chinese social media for its deposit refund routines. The function was later deleted by the firm.
New Adjustment to Meituan’s Retail Business: General Manager of Kuailv Division Changed
On November 20, the general manager of the Kuailv Division of Meituan changed from Guo Wanhuai to Gao Yulong, the former head of the division's commodity department.
NIO Announces Completion of At-The-Market Offering of American Depositary Shares
On November 21, Chinese EV maker NIO announced that it has completed its previously announced at-the-market offering of American depositary shares, each representing one Class A ordinary share of the company.
Pakistan Lifts TikTok Ban for Fourth Time
The Pakistan Telecommunications Authority (PTA) lifted the country's ban on TikTok on November 19, following assurances by the popular Chinese video-sharing platform that it would work to control "immoral and indecent" content.
Pony.ai and ONTIME Reach Cooperation to Jointly Promote Commercialization of Robotaxis
On November 20, Pony.ai announced a new collaboration agreement with ONTIME to jointly accelerate the commercial deployment of autonomous driving technologies on a larger scale in China.
ByteDance Bets on Web Novel Business, Launching Mytopia Application Overseas
Chinese internet giant Bytedance has recently launched three new novel applications domestically and overseas.
BYD Destroyer 05 Released With New Design, Equipped With DM-i Super Hybrid System
On Friday, BYD launched its Destroyer 05 at the Auto Guangzhou 2021. The new car can be regarded as the sister model of BYD's Qin PLUS DM-i, which is also equipped with the DM-i super hybrid system.