Pandaily's Digest #20211227
Q&A site Zhihu denies second IPO in HK, Xiaomi invests in automotive chip firm Flagchip, Daimler and BYD to set up a joint venture, NetEase to build a metaverse industrial base in Hainan, and more.
Chinese Q&A Online Content Platform Zhihu Denies Second IPO in Hong Kong
Zhihu, the largest Q&A-focused online content community in China, denied the report of going public in Hong Kong in the near future.
Flagchip Secures Financing, Xiaomi Joins In
Suzhou Flagchip Semiconductor Co., Ltd. (Flagchip), a new company that focuses on automotive chips, announced the completion of a new round of financing.
Daimler and BYD Agree on Future Establishment of Joint Auto Venture DENZA
Daimler Greater China Ltd. and BYD Auto Industry Co., Ltd. on December 24 signed an equity transfer agreement to realign the structural setup of their joint venture, Shenzhen DENZA New Energy Automotive Co., Ltd.
NetEase and Sanya Municipal Government Reach Cooperation to Build Metaverse Industrial Base
Chinese internet technology company NetEase will set up its Hainan headquarters and build a metaverse industrial base project in the southern island province's capital city of Sanya.
Taikonauts on China’s Shenzhou-13 Complete Second Extravehicular Mission
Taikonauts on China's Shenzhou-13 space mission have completed second extravehicular activities (EVAs), the China Manned Space Agency said in the early hours of Monday morning.
Westlife Concert Livestream on WeChat Channels Drew 28 Million Viewers
On December 19, Irish boyband Westlife livestreamed their first-ever online concert on Chinese social app WeChat's short video and livestreaming platform, WeChat Channels.
Power Failure during Driving, BMW Recalls Some Domestic iX3s
According to the recall announcement of the Chinese State Administration for Market Regulation on Friday, BMW Brilliance Automotive Ltd. (BBA) recalled 1,974 domestic iX3 electric vehicles starting December 24.
ByteDance Founder Zhang Yiming Ranks First in Hurun Under 40s China Rich List 2021
On Friday, the Hurun Research Institute released its Under 40s China Rich List 2021. The list consists of entrepreneurs under 40 years of age who had started from scratch and built their wealth.
Tencent Music Launches China’s First Virtual Music Festival TMELAND
Tencent Music Entertainment Group (TME), the online music subsidiary of Chinese internet giant Tencent, announced on Friday that it would officially launch TMELAND, the first Chinese virtual music festival.
Lei Jun: Xiaomi to Produce New Smartphones to Rival iPhone, Car Mass Production to Begin in 2024
Lei Jun, founder and CEO of Chinese electronics giant Xiaomi, on Friday posted on Chinese social media platform Weibo to answer questions from netizens about Xiaomi's new product launch conference on December 28.
