Pandaily’s Digest #20220523
An article about the Chinese economy published by an official WeChat account was widely forwarded among users on May 21. It was reported that Tencent CEO Pony Ma had also forwarded the article.
Article on Chinese Economy Forwarded by Tencent CEO Pony Ma Triggers Heated Discussion
An article about the Chinese economy published by an official WeChat account was widely forwarded among users on May 21. It was reported that Tencent CEO Pony Ma had also forwarded the article.
Akon’s Music Mystery Box: Music Creation Is Not the Patent of Professional Musicians
International rap icon Akon has announced a collaboration with Element.Black for the launch of his music mystery box.
WM Motor Releases Public Automated Valet Parking
On May 20, Chinese electric vehicle firm WM Motor released a brand-new Public Automated Valet Parking (PAVP) product, a solution for unmanned automatic parking in non-fixed parking areas in public lots.
China Named World’s Largest Lithium Battery Consumer Market for Fifth Straight Year
The China Center for Information Industry Development (CCID), situated under the country's Ministry of Industry and Information Technology, recently released its "2021 White Paper on China Lithium Battery Industry Development Index."
Vivo T2 5G Launch Event Postponed to June 6
Chinese smartphone giant vivo announced yesterday that due to force majeure, its T2 product launch event originally scheduled for May 23 has been postponed until 19:00 on June 6.
Accumulated Mileage of NIO’s Chinese Users Exceeds 5B Km
According to data released by Chinese EV manufacturer NIO on Friday, as of that day, the accumulated mileage of NIO's Chinese users had exceeded five billion kilometers.
BYD’s High-End Brand to Be Released in Q3
Li Yunfei, the general manager of BYD's brand and public relations division, exposed the latest information regarding the firm's high-end brand via Weibo on Sunday. The new brand and logo will be released in the third quarter of this year.
Alibaba Increases Stake in Health Venture to 57.06%
Alibaba Health Information Technology Limited announced on the Hong Kong Stock Exchange website on May 20 that that its parent entity, Alibaba, has increased its shareholding in the company from 7,664,602,068 shares to 7,713,318,533 shares.
Xiaomi and Leica Camera Announce Long-Term Strategic Cooperation
Xiaomi, a leading consumer electronics and smart manufacturing company based in China, and Leica Camera, a German producer of cameras and optical lenses, officially announced a strategic cooperation for mobile imaging on Monday.
Metaverse UGC Platform BUD Secures $36.8M in B-Round Financing
Metaverse user-generated content (UGC) platform BUD recently completed a B round of financing totaling $36.8 million, led by Sequoia Capital India, followed by ClearVue Partners, NetEase and Northern Light Venture Capital.
