Pandaily's Digest #20221028
News that Chinese e-commerce giant JD.com's international business operations will undergo major adjustments has spread within the company. Business in Europe and Southeast Asia will be most affected.
JD.com to Shut Down Europe Business and Cut Back in Southeast Asia
News that Chinese e-commerce giant JD.com’s international business operations will undergo major adjustments has recently spread within the company. According to a report by Wall Street Technology Insight on October 27, certain business units in Europe and Southeast Asia will be most affected by the changes. It is highly probable that the firm’s Europe divisions will be canceled, while those in Southeast Asia will shrink. In the most extreme case, services in both Thailand and Indonesia will be abolished.
Geely Chairman-Backed Smartphone Brand Meizu Unveiled “FlymeAuto” Vehicle System
Meizu, a Chinese smartphone brand, announced on October 27 the “FlymeAuto” vehicle system, saying that it is the extension of Meizu’s Flyme smartphone operating system for smart vehicle consoles. Previously, the company released recruitment advertisements in the field of automobile manufacturing, which triggered some discussion.
Faraday Future Announces New Executive and Funding Following 25% Pay Cut
Faraday Future, a California-based electric vehicle maker, on October 26 announced the appointment of Yun Han as Chief Accounting Officer and interim Chief Financial Officer, as well as new financing progress from an affiliate of ATW Partners LLC.
BYD and Brazilian Auto Dealer Saga Open First Store in Brasilia
Shenzhen-based automaker BYD announced on October 26 that it has opened its first store in Brazil’s capital city, co-built with leading domestic auto dealer Saga. Up to now, BYD has established 10 dealerships in Brazil and has obtained franchise rights in 31 of its major cities.
DJI’s Mini 3 Pro Drone Sees Multiple Upgrades
On October 26, Shenzhen-based drone maker DJI released multiple upgrades for its Mini 3 Pro drone, such as an enhanced image transmission function. The DJI Mini 3 Pro can now use the DJI Cellular module to establish 4G network communication to ensure a stable and reliable image transmission connection.
Nothing Unveils “Ear (stick)” Wireless Earbuds for $99, With Twist-Open Case
London-based consumer tech startup Nothing unveiled its newest wireless headphones on October 26, dubbed the “Ear (stick).” Featuring up to 29 hours of playtime, a 12.6 mm custom driver, and a comfortable half-in ear design, these earphones purportedly deliver authentic sounds with a lightweight feel, for the price of $99.
Huawei Sues Amazon for Patent Infringement, May Involve E-Ink Screen Products
Shenzhen-based telecommunications and consumer electronics giant Huawei released a new court notice on October 26 involving a dispute over the alleged infringement of invention patent rights. The defendants have been named as Amazon and two of its subsidiaries, as well as Compal Electronics and three of its subsidiaries. The case will be heard in the Intermediate People’s Court of Suzhou, Jiangsu Province on December 8 of this year.
Canadian Athletic Apparel Retailer lululemon Faces Doubts in China
Canadian athletic apparel retailer lululemon started the year as one of the most popular brands in China due to its superior quality and design. Recently, however, the brand is encountering some doubt as to its quality and prices.
Microsoft Looks to Boost Cooperation With Chinese Game Developers
The R&D strength of Chinese game developers is increasingly gaining recognition among global industry giants. Microsoft is now trying to stockpile content from China, which could be due to the success of Sony, its major rival, in introducing miHoYo’s game “Genshin Impact” to the PlayStation platform, according to an October 25 report by Reuters.
Coca-Cola and Tencent Music’s TMELAND Create Metaverse Zone for Fans
TMELAND, the first virtual social music platform under Tencent Music Entertainment, opened a new metaverse zone for fans on October 24 during the Coca-Cola Fan Festival through WeChat mini programs in China.
