BOSS Zhipin to Start $150M Shares Buy-Back Plan
Beijing-based Kanzhun Limited, operator of a leading domestic online recruitment platform called BOSS Zhipin, announced it has approved a shares buy-back plan.
3/10/20222 min read
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Xiaomi Clarifies Consumer Concerns for Upcoming SU7 EV Launch
In a Weibo post addressing consumers' concerns about the upcoming SU7 EV, Xiaomi Auto reassures that the final pricing for the SU7 EV has not been decided yet, dismissing social media speculations.
China Loses Crucial World Cup Qualifier to Syria and Marcello Lippi Resigns
Chinese national team manager and World Cup champion with Italy in 2006, Marcello Lippi, resigned from his post after the match.
11/15/20193 min read
Leadership Changes at Xiaomi: Ma Ji and Yan Kesheng Step Down as VPs
These recent high-level personnel changes represent not just a restructuring of Xiaomi's management, but also a reevaluation of its strategic direction.
ByteDance's Douyin Tests "Autoplay Next Video" Function
Douyin, the Chinese mainland version of ByteDance's TikTok, is conducting limited testing for a new function of "automatically playing the next video," instead of replaying the current video content.
6/20/20222 min read
DiDi Launches Comprehensive Bike-Sharing Platform
Didi Chuxing today officially launched its comprehensive bike-sharing platform within its app, which now integrates the services of bluegogo and ofo. Beijing an...
Pony.ai Said to Suspend US Public Listing Through SPAC
Reports surfaced Thursday that self-driving startup Pony.ai is to suspend plans to go public in the US at a valuation of $12 billion. Pony.ai responded to Sina Technology that it has not yet confirmed the listing plan or schedule.
OnePlus 7 Pro Triple-Cam Confirmed - Leaked Pic of CEO at Breakfast
Pandaily received a picture from an anonymous person of OnePlus CEO Pete Lau at breakfast. The leaked photo showed Lau sitting at a table shaking a napkin while a mysterious device sits quietly beside him with the back cover showing a cut-out hole of a triple-camera setup.
Annabel Yao, Daughter of Huawei Founder Ren Zhengfei, Makes Artist Debut in China
Annabel Yao, Huawei founder and CEO Ren Zhengfei's youngest daughter, has made her formal debut in China's entertainment industry.
1/14/20212 min read
Gap Sells Greater China Business for $40M
Baozun, an e-commerce solutions provider based in China, announced on November 8 that it had signed definitive agreements to acquire Gap Greater China, the American clothing firm's regional division, in an all-cash transaction of $40 million.
11/8/20224 min read
Evergrande to Raise $1.5 Billion by Selling Bank Stake to State-Owned Asset Management Firm
Scrambling to avoid defaulting on its debts, cash-strapped China Evergrande Group on Wednesday announced it would sell off a 9.99 billion yuan ($1.5 billion) stake in Shengjing Bank.
9/29/20212 min read
Xiaomi and CATL Establish Joint Venture Company in Beijing's Yizhuang District
The joint venture plans to build an intelligent battery cell manufacturing facility in the city.
5/23/20242 min read