Pandaily's Digest | Dec 13, 2023
Editor's note: Beijing iSpace Technology successfully executed the second flight test mission of its SQX-2Y reusable liquid oxygen-methane verification rocket.
iSpace’s Reusable Rocket Triumphs in Second Flight Test
In a landmark moment for China’s space exploration, Beijing iSpace Technology Co., Ltd., a leading space launch company, successfully executed the second flight test mission of its SQX-2Y reusable liquid oxygen-methane verification rocket on December 10, 2023, at 17:07 (Beijing time). Link
Headlines from China
Chinese Supply Chain Ready to Produce 1 Million Units of Apple Vision Pro Annually
Chinese firms have cracked OLEDoS display production, setting the stage for an annual output of 1 million Apple Vision Pros. Link
WeChat Pay Launches ‘Learn First, Pay Later’ Feature
WeChat Pay launched the 'Learn First, Pay Later' feature. As long as your WeChat Pay score exceeds 600 points, you can 'attend classes first and pay later'. Link
SVOLT Announces the Global Launch of Its Short-blade Fast-charging Battery
On December 12th, SVOLT announced its 'SVOLT 2024 Strategy', which includes product leading strategy, SVOLT speed service, and AI intelligent manufacturing strategy. Link
China Literature Plans to Acquire Tencent Animation and Comics’ Related Businesses and IP Assets
On December 11th, China Literature announced the acquisition of Tencent Animation and Comics' related business and IP assets for 600 million yuan. Link
News You Shouldn’t Miss
William Li Denies NIO’s 120 Billion Yuan Gambling Agreement with Hefei Government
Recently, William Li, the CEO of NIO, stated that there is no bet agreement between NIO and the government of Hefei. It has been 'overinterpreted'. Link
Qatar Investment Authority Acquires 4.26% Stake in Kingdee with $200M Investment
Kingdee International Software Group Co., Ltd. announced on December 10 that it had inked a final agreement with the Qatar Investment Authority (QIA). Link
DJI Releases Power 1000 & Power 500: High-Capacity, Ultra-Quiet Outdoor Power Sources
On December 8, 2023, DJI officially released the DJI Power 1000 and DJI Power 500 portable outdoor power sources. Link
HeyTea’s First Store in the US Lands on Broadway, Accelerating Its Global Expansion
On December 8th, the HeyTea Broadway store in New York also officially opened for business, marking the official launch of HeyTea's development in the US market. Link
Richard Liu: JD.com’s Organization Is Bloated and Inefficient, It Must Change
On December 9th, Richard Liu, the founder and chairman of JD.com, replied to employee comments on the company's internal network, stating that JD.com must change or there will be no way out. Link
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