Douyin Launches 'V Project', Introduces AI Avatar Feature
Douyin is advancing a project called "V" that aims to expand the boundaries of live streaming and interaction.
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BYD Sees 70,000th Pure Electric Bus Roll Off Production Line
On Wednesday, Shenzhen-based automaker BYD saw its 70,000th all-electric bus, a 13-meter model due for shipment to Sweden, roll off the production line at its Hangzhou facility.
1/27/20222 min read
Geely's Smartphone Company to Acquire Meizu
Geely Group's smartphone company is in contact with Meizu, a Chinese smartphone manufacturer, for acquisition. As the transaction has not yet been finalized, the price of the deal has not determined.
1/21/20223 min read
BYD Launches Three EV Models for European Market
On September 28, BYD launched three models for the European market, including Han, Tang and ATTO3 (known as Yuan PLUS in China). The prices for these three models, however, are much higher than those in China.
JD.com Shrinks E-Commerce Business and Strengthens Logistics in Southeast Asia
Chinese e-commerce giant JD.com has reportedly closed its sites in Thailand and Indonesia. In response to a request for comment by Pandaily, the company's spokesperson said that it will continue to serve global markets, including Southeast Asia, through its supply chain infrastructure.
1/31/20234 min read
Bilibili Publishes 2021 Environmental, Social and Governance Report
Bilibili, a leading Chinese video streaming platform, on Tuesday published its "2021 Environmental, Social and Governance (ESG) Report."
6/1/20222 min read
iQIYI Breaks Barriers in Viewer Interaction and Holds World’s First Multi-Screen Interactive Livestreaming Gala
China’s video streaming platform iQIYI held the Shout out for Love Gala 2021 on Jan. 15, becoming the first platform in the industry to use multi-screen interactive livestreaming.
1/20/20212 min read
ByteDance's Doubao Vision Understanding Model is 85% Cheaper than the Industry Average Price
ByteDance officially launched the Doubao Vision Understanding Model and announced its price at 1,000 tokens for 0.003 yuan, 85% cheaper than the industry average.
12/20/20244 min read
Chinese GPU Firm Moore Threads Bags B Round of Financing Over $215M
Moore Threads, a Beijing-based GPU company, announced on December 27 that it had received a B Round of financing worth 1.5 billion yuan ($215.5 million).
12/27/20223 min read
Xiaomi Vice President Cui Baoqiu Leaves Group
Chinese consumer electronics giant Xiaomi issued a letter to all employees on December 30, announcing that Cui Baoqiu, the former vice president of the group and general manager of the Learning and Development Department, has left for personal reasons.
1/3/20233 min read
The Culprit Behind Chinese School District Property Fever
While the Chinese motto “education changes fate” may have lost its validity among the rural population, for Chinese urban middle class, quality education is still the best possible way to climb the social ladder.
7/13/20218 min read
Xiaomi Officially Launches Future-Oriented "Loop Liquidcool Technology," Mass Production Planned for H2 2022
Lei Jun announced in a social media post on Friday that the leading Chinese electronics firm has officially launched a future-oriented heat dissipation solution dubbed "loop liquidcool technology."
11/5/20213 min read