Chinese food delivery giant Meituan launched "Meituan Enterprise Edition" on April 13, a one-stop service for enterprise consumption management. A new brand image and app were set for the service.
While some Bilibili content creators have stopped updating their videos due to lack of profit and motivation, Li Ziqi, a Chinese video blogger, entrepreneur, and internet celebrity with 17.4 million subscribers on YouTube, continues to earn profits from her channel despite not posting new content since July 2021.
ByteDance's office software, Feishu, released a video preview of its upcoming intelligent assistant "My AI" on April 11. The product is still in development, and there is no specific timeline for public testing or launch at this time.
On April 10, Wang Xiaochuan, the founder of Chinese search engine Sogou, announced his foray into large-scale models by co-founding an artificial intelligence company called Baichuan Intelligence with former Sogou COO Ru Liyun.
During the BYD 2022 annual report communication meeting, Chairman Wang Chuanfu shared his perspective on autonomous driving in a clear and honest manner. He dismissed unmanned driving as impractical and misleading, emphasizing that advanced assisted driving is the way forward for future development.
On April 7th, Bytedance's Douyin announced that it has recently reached cooperation with Tencent Video. The two parties will explore the promotion of long and short video linkage, short video secondary creation and other aspects.
On April 6th, BYD officially announced the launch of its 2023 e2 model. There are two models available: Comfort and Luxury, priced at ¥102,800 (about $15,000) and ¥109,800 (about $16,000), respectively.
Tesla is planning a grand production capacity for its future low-priced model. "The new model will be a smaller version of the Model Y," an insider said, "and Tesla is planning an annual production capacity of up to four million vehicles."
Chinese electric vehicle manufacturers have recently reported their delivery volumes for March, showing that the auto market in China began to recover in March as demand for cars increased.
On March 31st, it was announced that Youdao, a subsidiary of NetEase, will soon release their self-developed ChatGPT model for educational scenarios. The model is named "Confucius Quotes (Zi Yue)".
On March 28, Tencent's flagship app WeChat announced a series of new plans for various sections including video accounts, payment, mini programs, search services and WeCom at its annual event promoting new functions and strategies.
On the morning of March 28th, Xiaomi announced on the Hong Kong Stock Exchange that its board of directors awarded a total of 190 million shares of incentive shares to 4,110 selected participants under the share incentive plan on March 27th, 2023.
On March 27th, it was reported that OPPO smartphone's European business is planning to withdraw from Germany and Britain, leaving only a small division to handle basic business needs. Meanwhile, the company's operations in Italy, Finland, Spain and France continue to grow.
The United States Congress recently held a hearing on TikTok after a three-year hiatus, revisiting concerns over the app's ownership by ByteDance and the possibility of separating it from the Chinese parent company or outright banning it in the US.
On March 23, Shanghai-based RISC-V chip technology startup StarFive announced that it had received an investment from Chinese search giant Baidu of an undisclosed amount.
On March 22, the China Association of Automotive Manufacturers (CAAM) urged for an immediate end to the price war in the Chinese auto market following a succession of car price reductions and sales promotions earlier this month.
Marvell, a US-based chip designer, has reportedly decided to dissolve all of its Chinese research and development (R&D) teams. Marvell had already undergone significant layoffs in China in October of last year.
On March 21, 2023, Huya Inc., a leading game live streaming platform in China, has released its 22Q4 and full year financial results, achieving steady quarterly and yearly user scales, with its 2022Q4 total net revenues in line with market consensus.
On March 20, Chinese leading electric vehicle maker NIO released a report on its internal investigation regarding the dismissal of a former intern who claimed to have been sexually assaulted and subjected to unfair treatment while employed at the company.
