Pandaily's Digest | Jan 19, 2024
Editor's note: On January 17th, Temu officially launched its South Africa site.
Temu Officially Launches Its South African Site
On January 17th, Temu, a cross-border e-commerce platform under Pinduoduo, officially launched its South Africa site. This is also the 49th country that Temu has entered since its launch in September last year. Link
Headlines from China
The News States that the Cooperation Between Tencent and Meta Has Been Terminated
There is news that Tencent has received notification from Meta, stating that they will temporarily suspend their collaboration on this generation of XR hardware. Link
DJI Releases Its First Intelligent 3D Model Editing Software ‘DJI Modify’
DJI released its first intelligent 3D model editing software called 'DJI Modify'. This software claims to be as simple as retouching photos for model editing. Link
Tesla Cybertruck Will Start Its China Tour, Registration Is Now Open
On January 18th, Tesla officially started the Cybertruck tour in China and has begun accepting registrations. The first city for the exhibition will be determined based on registration numbers. Link
News You Shouldn’t Miss
Meituan’s Hong Kong Stock Price Falls Below IPO Price
On January 17th, Meituan's Hong Kong stock price fell by 6.97%, closing at HKD 68.75, reaching a new low in the past four years. This price dropped below Meituan's IPO price. Link
ByteDance in Talks to Acquire Ele.me, Acquisition Denied by Ele.me
ByteDance is reportedly negotiating to acquire Alibaba's food delivery platform Ele.me. Ele.me denied the "rumor" on Monday. Link
The News States that CATL’s Beijing Factory Has Started Construction
On January 15th, a person close to CATL stated that the construction of CATL's Beijing factory has commenced. Link
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