Meituan Acquires Mobike, One of the World's Largest Bike-Sharing Companies
Meituan, one of the world's largest e-commerce platforms of services, announced today that the Company has entered into an agreement to acquire Mobike, one of t...
Tag: #Featured
Showing 12 of 1104 posts with this tag
Xiaomi May Be Discussing IPO, Estimated Value $50B
Citing an insider, Bloomberg reported that Xiaomi is discussing its potential IPO with an investment bank and expecting a US $50 billion valuation. The insid...
Games Land in WeChat Mini Programs After Being Shot Down a Year Ago
When Allen Zhang, father of WeChat, sat down to explain WeChat's new Mini Programs on December 28, 2016, the question every developer wanted to know was whether...
Why Did NIO, XPeng and Li Auto Together Lose Nearly $1.38B in H1?
As of September 7, three leading Chinese new energy vehicle (NEV) enterprises, including NIO, XPeng Motors and Li Auto, had successively released their financial reports for the first half of 2022. The combined losses of three firms amounted to nearly 9.6 billion yuan ($1.38 billion).
9/9/20224 min read
China NFT Weekly: NFTs and the Music Industry
This week: Bytedance tests a metaverse-like social network, NetEase Cloud Music launches an AI-powered music production mini app, The Sandbox partners with Warner Music Group to create a virtual music venue, and more.
Chinese Literature Nobel Laureate Mo Yan Uses ChatGPT to Write Literary Award Speech
On May 16, Chinese renowned writer Yu Hua topped the 2021 long novel list of "Harvest" bimonthly magazine. During the award ceremony where Chinese literature Nobel laureate Mo Yan presented the award to Yu Hua, Mo Yan said that he had been struggling to write his speech for several days and sought help from ChatGPT.
5/17/20232 min read
A Brief Introduction to the Science and Technology Innovation Board
On Nov. 5 2018, Chinese president Xi Jinping delivered a speech at the opening ceremony of the first China International Import Expo in Shanghai. He proclaimed that the Shanghai Stock Exchange is ready to launch the “Science and Technology Innovation Board” with a registration-based system for listed companies.
Alibaba Cloud Announces the Largest Price Reduction in Its History
On April 26th, Alibaba Cloud announced the largest price reduction in history. The prices of core products have been reduced by 15% to 50%, and the highest discount for storage products is up to 50%.
"Tech for Good": Europe's Answer to Tech Innovations
During this year’s VivaTech, Pandaily interviewed three European startups about their visions for “Tech for Good”. We also took a look at how Chinese consumer brand OPPO has helped tech startups to advance their missions and improve well-being through innovation.
6/21/20229 min read
Alibaba’s Sales Surge Overshadowed by First Operating Loss As Public Firm After $2.8 Billion Antitrust Fine
Chinese tech and e-commerce giant Alibaba Group Holding fell into loss-making territory for the first time since going public in 2014 after being slapped a massive anti-monopoly fine by regulators.
5/14/20213 min read
Systemic Shortfalls in Medical System Behind Violence Toward Doctors
In this solemn corner of the Civil Aviation General Hospital in Beijing where everything proceeds as usual, chrysanthemum flowers pile up to form a small mountain, covering over the portrait of the deceased.
BYD Starts Price Increases Ranging From $279 to $838
Following recent cuts made by Tesla to its electric vehicle prices in the Chinese market, BYD announced on November 23 that it will increase the prices of its Dynasty series, Ocean series and Denza vehicles, ranging from 2,000 yuan ($279) to 6,000 yuan ($838).