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Pandaily's Digest #20220429

An owner of XPeng vehicle and a former employee of the company posted an article on his social media account saying that the P7 he drove had repeatedly experienced power outages and offline problems.

Apr 29, 2022

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Chinese EV Maker XPeng Addresses P7 Power-off Problem

An owner of XPeng vehicle and a former employee of the company posted an article on his social media account saying that the XPeng P7 he drove had repeatedly experienced power outages and offline problems.

Lazada

Alibaba to Expand Southeast Asian E-commerce Arm Lazada to Europe

Chinese tech giant Alibaba plans to expand its Southeast Asian e-commerce subsidiary Lazada's business to Europe, seeking to promote overseas business growth amid slowing opportunities at home.

BYD

BYD’s Q1 Net Profit Increases 241% Year-on-Year

Chinese electric vehicle maker BYD released its financial report for the first quarter of 2022 on Wednesday. The company garnered a revenue of 66.825 billion yuan ($10.2 billion) in the first quarter of 2022.

Huawei and retail platform GOME

Huawei Reportedly to Cooperate With Local Retail Giant GOME

Chinese tech giant Huawei and retail platform GOME Holdings are in talks to cooperate on digital retail upgrades. Both parties are very likely to build a digital operation system centered on the consumer experience.

Tencent-Backed WeBank to Build Trusted ESG Infrastructure

WeBank, a private Chinese neobank, has announced the launch of a new brand called "WeBank Blockchain."

Bilibili Releases Authorized “Cheers UP” NFT Collection for Buyers Outside of China

Bilibili, a Chinese video streaming community for younger generations, has released an authorized "Cheers UP" NFT collection for buyers outside of the country.

Chinese Social Media Site Weibo Begins to Display User IP Locations

Weibo, China's leading microblogging platform, announced on Thursday that it will expand a function that displays users' IP location, which was first launched in March this year.

Chinese Tech Giant Xiaomi Joins CCC Board

Beijing-based technology company Xiaomi announced Thursday that it has recently become the newest member of the board of directors for the Car Connectivity Consortium (CCC).

CARIAD

Volkswagen Group’ Software Company CARIAD Sets Up Chinese Subsidiary

CARIAD, an automotive software company that is part of Volkswagen Group, announced on Thursday the establishment of a subsidiary in China, also publishing an official strategy for the country.

TikTok Cooperates With AR Creation Tool Camera IQ

Augmented reality filter management platform Camera IQ announced Thursday that it will cooperate with TikTok to launch support for AR functions within the popular video app's "Effect House."


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