Pandaily's Digest #20211126
New Oriental Education's subsidiary opens online Chinese classes in the US, OPPO launches the Reno7 smartphone series, Tesla invests 1.2 billion yuan to expand production of Shanghai plant, and more.
New Oriental Education Subsidiary Opens Online Chinese Classes in the United States
According to a person familiar with the matter, New Oriental Education’s subsidiary BlingABC began to offer online Chinese courses in the United States, Sina Tech reported on Thursday.
Former Sequoia China Executive Cao Xi Establishes Monolith Management With First Fund to Exceed $500 Million
Cao Xi, a former partner of Sequoia China, announced on Friday that he and Tim Wang, a former secondary market partner of Boyu Capital, will jointly establish Monolith Management, an investment management institution.
Personal Payment Reception Codes on WeChat, Alipay to Be Limited From Business Operations
The personal money reception codes on electronic payment platforms will be gradually limited from use in business operations in China.
Phoenix-Wings, Subsidiary of SF Express, Receives Hundreds of Millions of Yuan in Round A Financing
Phoenix-Wings, a cargo drone company owned by SF Express, announced that it had completed an A round of financing for several hundred million yuan.
JD.com Shuts Down B2C Platform JOYBUY’s English and Russian Sites, To Carry Out Transformation and Upgrades of B2B
JOYBUY, a cross-border e-commerce export platform owned by leading domestic firm JD.com, announced on Wednesday that it will terminate its cooperation with merchants.
OPPO Reno7 Series Now Official, Focusing on Video Shooting, Starting From $344
On Thursday, OPPO officially launched some new products, including the Reno7 series, the OPPO Smart TV R1 Enjoy Edition and the OPPO Enco Free2i TWS headphones.
Tesla Invests 1.2 Billion Yuan to Expand Production of Shanghai Plant by April 2022
The Public Access Platform to Corporate and Institutional Environmental Information of Shanghai published Tesla's EIA report for its production line optimization project in the second stage of the Shanghai Super Factory (Phase I).
TikTok and Sister App Douyin Exceed 3.3 Billion Downloads Worldwide, Generating Nearly 1000 Related Apps
TikTok and its sister app for the Chinese mainland Douyin, operated by Chinese Internet giant ByteDance, have accumulated approximately 3.3 billion installations in the global app stores.
BYD Wins Major Electric Bus Order From Nobina Finland
Chinese automobile and battery manufacturer BYD signed an order with Nobina, the largest public transport operator in Scandinavia, for 70 buses.
Baidu Apollo Wins Approval for Commercialized Autonomous Car Service on Open Roads in Beijing
Baidu received approval for the commercial operation of its autonomous car service in Beijing on Thursday.