Megvii Clarifies Listing Rumor: Haven’t Ruled Out Hong Kong IPO, Considering Star Market
While media reported that Megvii suspended its IPO listing in HK, Megvii told us it's false.
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Tesla Responds to Vehicle Accident in Sichuan, Two Deaths, Six Injuries
On Sept. 5, a Tesla vehicle suddenly accelerated when passing a local street on Shuangfu Street in Nanchong, Sichuan, hitting several pedestrians, causing two deaths, six injuries, and multiple vehicle collisions.
AI Translator in The Wandering Earth 2 Shows Potential of Intelligent Translation
The AI translator in The Wandering Earth 2, a catastrophical & sci-fic film, depicted as a small microphone-earpiece assembly and was able to perform simultaneous interpretation, hinted at the potential application of intelligent translation.
3/1/20233 min read
China VC Weekly: Sequoia Invests in Fashion and More
In last week’s VC news, robotics reaps funding, Sequoia China takes on French fashion, tourism tries again, livesteaming attracts funding, and more.
4/26/20227 min read
Kuaishou Chairman Reduces Shares for Charity and Cutting-Edge Technology
Su Hua, Chairman of Chinese short video streaming platform Kuaishou, reduced his holdings of 54,713,783 Class B company shares on January 18. Kuaishou responded that the proceeds will be used for charitable donations, cutting-edge technology and infrastructure investment.
1/19/20233 min read
Ep. 33: Tencent Music - Totally Not China’s Spotify
In episode 33 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about Tencent Music (TME), which finally completed its $1.2 billion IPO after a two-month delay due to market volatility.
8.7 Million Cars Recalled in China in 2021
China's State Administration for Market Regulation (SAMR) issued an announcement on Friday indicating that in 2021, there were a total of 8.736 million recalled vehicles in the country, up 28.8% annually.
3/14/20222 min read
DataPipeline Bags 120M Yuan in Round-B+ Financing
DataPipeline, a digital infrastructure provider, announced on Monday that it has completed round B+ financing totaling 120 million yuan ($18.04 million).
5/23/20222 min read
U.S. Senate Panel Approves Tech Antitrust Bill, Some Chinese Companies May Be Affected
According to the new standard, TikTok, which is owned by ByteDance, and the international version of WeChat owned by Tencent will be included in the jurisdiction.
1/22/20223 min read
Episode 78: China’s Digital Currency Electronic Payment (DCEP) Dreams
Episode 78 of Tech Buzz China features our co-host Rui Ma in conversation with Yán Xiāo 肖妍 on the timely topic of China’s proposed national digital currency.
11/30/202026 min read
From Project Galaxy to Galxe: Rebranding and Evolving
Project Galaxy announced on September 6 that it will be changing its name and logo to Galxe. Right before the announcement, Pandaily interviewed its co-founder, Harry Zhang. Zhang went through his own Web3 journey and introduced his ambitious vision for the future.
9/13/202213 min read
Chinese Telematics Startup Pateo Raises 830 Million Yuan
Chinese Telematics startup Pateo announced on Wednesday that it had raised more than 830 million yuan ($128 million) in a funding round, led by state-owned automaker China FAW Group.
8/11/20212 min read