China Archives - Pandaily

Xiaohongshu Launches AI Search Product ‘Dian Dian’

Recently, Xiaohongshu launched an AI search product called Dian Dian, which is similar in positioning to Xiaohongshu. It is a lifestyle-oriented AI search product that has been launched on various app stores.

Xiaomi Is Building A GPU Cluster and Will Heavily Invest in AI Large Models

Xiaomi is currently building its own GPU cluster and will heavily invest in AI large models.

BYD’s Li Yunfei Responds to Intensive Inspections of the Construction Contractor at the Brazil Factory

BYD's Li Yunfei responds to intensive inspections of the construction party at the Brazilian factory: Intentional defamation.

Beike Advances Green Transformation with Sustainable Store Network

Beike integrates sustainability into its operations through green stores, digital innovations, and community advocacy, driving environmental progress in China's residential industry.

CATL Launches the Bedrock Chassis That Withstands 120 km/h Impact Without Catching Fire or Exploding

AVATR, the first automaker to use Bedrock Chassis, and CAIT-SH, CATL's skateboard chassis arm, signed an agreement to deepen cooperation on CATL's Bedrock Chassis to create a safer, higher-quality travel experience for users.

The Large-Scale Unicorn Company StepFun Has Completed Series B Financing

The large-scale unicorn company StepFun has completed its Series B financing, with a total financing amount reaching hundreds of millions of US dollars.

Tesla Shanghai Factory Director Song Gang Resigns

Tesla's Vice President of Manufacturing and General Manager of the Shanghai factory, Song Gang, submitted his resignation several months ago.

Kuaishou KLING 1.6 Model Releases

On December 19th, Kuaishou announced the release of the KLING 1.6 model for video generation, with significant improvements in text responsiveness, visual aesthetics, and motion coherence.

The Autonomous Driving Company TuSimple Has Launched A New Brand ‘CreateAI’

On December 19, the autonomous driving company TuSimple announced the launch of its new brand CreateAI and released several advancements in the field of generative AI.

Porsche China Denies Reports of Layoffs

Luxury car manufacturers accustomed to developing global products may find it challenging to introduce products using the same old model in China and need to make subtle adjustments to meet the discerning demands of Chinese luxury car consumers.

ByteDance Founder Zhang Yiming Enters the Private Equity Industry, Mainly Investing in Technology-Related Sectors

ByteDance co-founder Zhang Yiming established 'Cool River Venture HK Limited' has obtained an asset management license, with a main investment focus on technology-related industries.

NIO’s Third Brand ‘Firefly’ Officially Announced

On December 18th, NIO's third brand "Firefly" was officially announced, positioning itself as an intelligent electric high-end small car brand.

AI Startup AISphere Secures 300M RMB in Funding Rounds

Chinese AI start-up AISphere announced today the completion of Series A2 to A4 financing rounds, totalling nearly 300 million RMB.

Walmart China Stores Are Connected to Meituan Delivery

On December 17th, Walmart China and Meituan announced a strategic partnership. All Walmart stores nationwide have fully launched on Meituan and are connected to Meituan's delivery service.

Baidu Responds to Entering the Short Drama Field: A Key Development Direction of the Current Content Ecosystem

Baidu registered the trademark 'Baidu Short Drama' and entered the field of short dramas: it is a key development direction in the current content ecosystem.

The Query Volume on Xiaohongshu Reached 600 Million Times in 2024

In 2024 Q4, the daily average search volume of Xiaohongshu reached 600 million times and almost exceeds half of Baidu's.

BYD Will Produce Electric Vehicles in Europe Next Year

BYD's global expansion is still ongoing, and next year the company will produce its best-selling models Dolphin and Atto 3 in Europe.

Xiaomi Auto Is Accelerating Its Overseas Expansion

Multiple sources claim that Xiaomi is preparing to launch its automotive business overseas.

NVIDIA Denies Supply Cut to Chinese Market

NVIDIA China denies the untrue rumors of cutting off supply to the Chinese market, and reiterates that China is an important market.

Tesla Cybertruck Getting Closer to Entering Chinese Market

While Tesla Cybertruck passed the energy consumption calculation declaration, it is just one of the many requirements for a car to enter the Chinese market.

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