Pandaily's Digest #20220105
To kick off 2022, Chinese EV makers unveil data on December deliveries, a pilot e-CNY app is launched, ByteDance releases digital novel platform, Xiaomi sets design for international HQs, and more.
Chinese EV Manufacturers Release December Delivery Data
At the beginning of 2022, several Chinese car manufacturers released delivery data for December 2021, showing the development potential of the country’s electric vehicle (EV) market. In this article, Pandaily compiles details from BYD, NIO, Li Auto, Leapmotor, ZEEKR, Hozon Auto and WM Motor.
Pilot e-CNY App Launched on iOS and Android Web Stores
According to its official introduction, this pilot version is the official service platform for the e-CNY (China’s digital fiat currency) to carry out initial projects for individuals, providing services like the opening and management of e-CNY wallets and the exchange and circulation of the digital currency.
ByteDance Launches “Douwen Novel” App
ByteDance is now testing the paid novels market with the recent launch of the “Douwen Novel” app, which is meant to be a small scale version of a potentially larger business push in the sector later on.
Xiaomi Shenzhen International Headquarters to Feature 360-Degree LED Surround Screen
On Tuesday evening, Ennead Architects announced that it had won the bidding for the open international design competition for Xiaomi‘s International Headquarters located in Shenzhen and would be the main architectural design unit of the project. Together, Xiaomi’s Shenzhen International Headquarters and the Mi Home Flagship Store will form a lighthouse for Shenzhen Bay, unofficially called “Mi Rubik’s Cube.”
Chinese Battery Leader CATL’s Subsidiary Invests in Establishment of Mining Company
According to Qichacha, a Chinese enterprise information inquiry platform, Guizhou Shidai Mining Co., Ltd. was established on December 31, 2021, with a registered capital of 800 million yuan ($125.88 million).
Amazon Issues Response to Rumors of Kindle’s Withdrawal From Chinese Market
In response to market rumors that Kindle is shutting down, out of stock, and may be preparing a withdrawal from China, Amazon’s domestic representatives responded on Tuesday: “We are committed to serving Chinese consumers. Consumers can purchase Kindle devices through third-party online and offline retailers.”
Mobileye Announces Partnership With Zeekr, to Launch L4 Unmanned Vehicle
On Tuesday, Mobileye, an autonomous driving division of Intel, said that it planned to release a product in China together with Zeekr backed by Geely Holdings in 2024. The company claims that this will be the world’s first car with mostly driverless functions.
4Paradigm Topped Market Share Among Chinese Machine Learning Platforms in First Half of 2021
International market analysis firm IDC has recently released a report on the market share of artificial intelligence in the first half of 2021. In the machine learning category, AI startup 4Paradigm won the biggest market share among Chinese firms for the fourth consecutive year.
Tencent to Cut Stake in Singapore Tech Group Sea
Chinese game giant Tencent said on Tuesday it would cut its stake in Singapore-based gaming and e-commerce firm Sea Ltd., reducing its voting power to under 10%.
Xiaomi Invests in Semiconductor Chip Developer Shanghai GTA Semiconductor
Chinese commercial inquiry platform Tianyancha showed on Tuesday that Shanghai GTA Semiconductor Co., Ltd. carried out a change in registration with the country’s Industrial and Commercial Administration on December 31, 2021, adding Xiaomi and other firms as shareholders.