Pandaily's Digest | Sep 28, 2023
Editor's note: Cainiao officially submits IPO application, aiming to become the global leader in cross-border smart logistics.
Cainiao Submits IPO, Claims Global Cross-Border Logistics Leadership
As early as May, Alibaba Group Holding Limited announced the split and approval by the board to initiate the listing of Cainiao Group. It is expected that the listing plan will be completed within the next 12 to 18 months. Today, there has been substantial progress in the listing of Cainiao. Link
Headlines from China
DJI Introduces High-End Mass-Produced Intelligent Vehicles
DJI launches new 'high-end intelligent' mass-produced vehicle models. Link
The News States that JD.com Is Going to Sell Tesla Cars
A knowledgeable source revealed that after JD.com launched the Tesla car ordering service, consumers will be able to pay a deposit on JD.com. Link
NIO Phone Receives First OTA Upgrade
On September 28th, the NIO Phone has received its first OTA upgrade since its release. Link
i-Space JD-2 Engine Successfully Completes Its 1st Full-system Test Run
On September 27th, i-Space announced that successfully completed the first full-system test of the hundred-ton liquid oxygen methane rocket engine JD-2. Link
News You Shouldn’t Miss
BYD and Uzbekistan Sign An Agreement for A Joint Venture to Produce Electric and Hybrid Vehicles
BYD will establish a joint venture with Uzavtosanoat JSC to set up the "BYD Uzbekistan Factory" for the production of electric vehicles and hybrid electric vehicles. Link
Alibaba Collaborates with Tencent: WeChat Channels, Mini-Programs Can Directly Link to Taobao and Tmall
Recently, Ali Mama and Tencent Advertising announced their collaboration. Tencent's WeChat channels, Moments, and mini-programs will be opened to Taobao and Tmall. Link
Tesla Cuts Underbody Costs 40% with New Die-Casting Tech
Tesla's Shanghai factory has adopted integrated die-casting technology to achieve rapid molding, reducing the cost of automotive underbody by 40%. Link
Alibaba Cloud Unveils New Services to Solve Generative AI Development Issues
On September 26, Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced a range of innovative AI products and services at the 2023 Alibaba Cloud Global Summit. Link
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