Pandaily's Digest | Aug 21, 2024
Editor's note: On August 15, BYD's 'Explorer No.1' arrived in Spain, and will continue to sail to other countries to unload vehicles.
BYD ‘Explorer No.1’ Arrives in Europe, Heading to the UK and the Netherlands to Unload Vehicles
On August 15, BYD's 'Explorer No.1' arrived in Spain, and will continue to sail to the UK, the Netherlands, and other countries to unload vehicles. Link
Headlines from China
Luckin Coffee Plans Large-Scale Expansion, Focusing on Southeast Asia and the U.S.
Luckin Coffee plans to launch a large-scale overseas expansion from Q4 2024, focusing on the Southeast Asian and U.S. markets. Link
Li Auto Establishes An Industrial Intelligence Company with A Registered Capital of 100 Million Yuan
Li Auto established an industrial intelligence company in Jiangsu with a registered capital of 100 million yuan. Link
Avatr Plans to Acquire 10% Stake in Yinwang, Valuing Huawei’s Car BU at Over One Trillion Yuan
On August 19, Changan Automobile announced that its joint venture, Avatr Technology, plans to buy a 10% stake in Huawei's subsidiary, Yinwang, for 11.5 billion yuan. After the deal, Avatr will hold a 10% share, while Huawei will retain 90% of Yinwang. Link
Meituan’s Rental Service Expands to Over 40 Cities in China, Aiming for Nationwide Coverage by Year’s End
According to insiders, Meituan's rental service is part of Meituan's homestay business, mainly catering to various medium and short-term rental needs such as tourism, business travel projects, and health travel. Link
News You Shouldn’t Miss
Astribot’s New AI Robot Assistant S1 Officially Debuts at the World Robot Conference
On August 21, the next-generation AI robot assistant Astribot S1 from Shenzhen's Astribot was officially unveiled at the 2024 World Robot Conference. Link
The Chinese 3A Game ‘Black Myth: Wukong’ Is Released, Topping the Steam Most Played Games
The Chinese 3A game 'Black Myth: Wukong' has officially launched, and within less than an hour of release, it become the most played game on Steam. Link
MINISO Launches ‘Lucky 7’ Perfume Series
MINISO has collaborated with seven internationally renowned perfumers to create this series. The team includes industry veterans Maurice Roucel, Suzy Le Helley, Coralie Spicher, Nathalie Benareau, and emerging talents Steven Guo, Florian Gallo, and Kira Zhu. Link
Temu’s Semi-Hosted Japan Site Will Officially Launch on August 27
Temu's semi-hosted Japan site will officially launch on August 27. The sites for South Korea and Mexico will also be opened gradually by the end of the month. Link
Kunlun Tech Launches AI Short Drama Platform SkyReels
Kunlun Tech launches the world's first AI short drama platform SkyReels that integrates video large models and 3D large models. Link
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