Pandaily's Digest | Jan 10, 2024
Editor's note: ByteDance's Nuverse is negotiating with Tencent and other potential buyers to sell several games.
Chinese Tech Giants ByteDance and Tencent Explore Cooperation in Gaming Business Amid Market Challenges
ByteDance's Nuverse is negotiating with Tencent and other potential buyers to sell several games, which were developed at a significant cost and are now being offered at a discount, sources say. Link
Headlines from China
Tesla China Insider Denies the First Launch of FSD in China
Regarding the news that FSD will be officially launched in the Chinese market, an insider from Tesla China told reporters, "This is fake news." Link
Xiaomi SU7 Max Equipped with LiDAR, New Retail Model Enters Substantial Implementation Phase
The Xiaomi SU7 Max edition will be equipped with a LiDAR sensor. And the new retail model has entered the substantial implementation phase. Link
China Successfully Launches Einstein Probe Satellite
On January 9th, China successfully launched the Einstein Probe satellite to explore transient and eruptive celestial bodies in the universe. Link
Nvidia Unveils New Gaming Chips and Partnerships with Chinese Gaming Companies at CES 2024
Upon the official start of CES 2024, Nvidia unveiled a series of significant gaming chip products and announced various partnerships with Chinese gaming companies and electric vehicle firms. Link
News You Shouldn’t Miss
Xpeng Aeroht Unveils Plans for World’s First Mass-Produced Detachable Flying Car
At the 2024 CES, Xpeng Aeroht's co-founder and vice president, Wang Tan revealed that their innovative product, the "Land Aircraft Carrier," a detachable flying car, will commence pre-orders in the fourth quarter of this year. Link
Alibaba’s Logistics Arm Cainiao Launches Parcel Forwarding Services in the US
Cainiao, Alibaba's logistics service, announced today its formal entry into the United States parcel forwarding market, providing e-commerce parcel consolidation services for Chinese communities and student groups across the US. Link
OPPO Establishes AI Center to Strengthen Competitive Edge
On January 8th, OPPO's Senior Vice President Liu Zuohu announced that OPPO has established an AI center, which aims to concentrate resources and will be managed by the chief technology officer of OPPO. Link
Nvidia Plans to Mass-Produce China-Specific H20 Chip in Q2
Nvidia is set to start mass producing AI chips in the second quarter of 2024, specifically designed for the Chinese market. Link
Internal Audit at JD’s Subsidiary Dada Uncovers Suspicious Behavior
On January 8th, JD.com announced that its subsidiary Dada Nexus Limited had discovered some suspicious activities during a routine internal audit. Link
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