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CHINESE HOME APPLIANCES GIANT MIDEA TO MASS PRODUCE PARTS The company said it has invested $100 million in NEV parts research and development since 2015. (Source: Midea) This is not Midea’s first venture into the auto industry, according to China Times.Between 2004 and 2006, the company acquired three manufacturers, including Yunnan Coach Factory, Yunan Shenzhou Vehicle and Hunan Sanxiang Coach Group, in addition to launching a venture PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to GREAT WALL MOTORS TO ESTABLISH TANK AS AN INDEPENDENT OFF Great Wall Motors to Establish TANK as an Independent Off-Road Vehicle Brand. China’s biggest SUV and pick-up manufacturer Great Wall Motors announced on March 21 that it will launch its flagship off-road vehicle, the TANK series, as a stand-alone brand. The company will separate TANK from its premium brand WEY at the 19th Shanghai WHY IS THE COMMUNITY GROUP BUYING MODEL SURGING IN CHINA The pandemic has stimulated the expansion of the community group-buying model in China as people shift to online shopping. China’s online grocery market is expected to reach 122 billion yuan by 2022, according to iiMedia. Chinese technology giants like Alibaba, JD.com, and Pinduoduo all jumped on the bandwagon and are battlingover this
OPPO UNVEILS FLAGSHIP FIND X3 PRO WITH 10-BIT COLOR ENGINE 0:00 / 5:12. Live. •. Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro. Using the company’s 10-bit full path color management system, the Find X3 Pro touts breathtaking visuals on its 6.7-inch true Billion Colour 120Hz QHD+ display. The company said its 10-bit color engine covers the CHINESE DISCOUNT RETAILER VIPSHOP IN HOT WATER AFTER BEING Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof. FIVE CHINESE GROUP-BUYING PLATFORMS FINED 6.5M YUAN ($1M Source: Max van den Oetelaar. China’s market regulator has imposed fines totalling 6.5 million yuan ($1 million) on five community group-buying platforms affiliated with leading domestic internet companies, on allegations of price dumping and cheating. Alibaba-backed start-up Nice Tuan, a platform operated by food delivery giant Meituan EP. 75: CHINA E-COMMERCE SAAS: YOUZAN, WEIMOB & WECHAT In episode 75 of Tech Buzz China, co-hosts Rui Ma and Ying Lu talk about China ecommerce SaaS (software as a service), which currently primarily refers to WeChat ecommerce as it takes place through mini programs. Listen to learn about major players Youzan and Weimob, the difference between public and private traffic, and what Alibaba’sand
EVERYTHING ABOUT CHINA'S INNOVATION May 27. Pandaily Posted on May 26 May 27. In last week’s China VC news, Meridian Capital announces the closing of its 2.12 billion yuan Fund VI, Zhangmen submits documents for a New York IPO, and China Merchants Bank partners with blockchain developer Nervos Foundation. In last week’s China VC news, Meridian Capital announces the closingof
CHINESE HOME APPLIANCES GIANT MIDEA TO MASS PRODUCE PARTS The company said it has invested $100 million in NEV parts research and development since 2015. (Source: Midea) This is not Midea’s first venture into the auto industry, according to China Times.Between 2004 and 2006, the company acquired three manufacturers, including Yunnan Coach Factory, Yunan Shenzhou Vehicle and Hunan Sanxiang Coach Group, in addition to launching a venture PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to GREAT WALL MOTORS TO ESTABLISH TANK AS AN INDEPENDENT OFF Great Wall Motors to Establish TANK as an Independent Off-Road Vehicle Brand. China’s biggest SUV and pick-up manufacturer Great Wall Motors announced on March 21 that it will launch its flagship off-road vehicle, the TANK series, as a stand-alone brand. The company will separate TANK from its premium brand WEY at the 19th Shanghai WHY IS THE COMMUNITY GROUP BUYING MODEL SURGING IN CHINA The pandemic has stimulated the expansion of the community group-buying model in China as people shift to online shopping. China’s online grocery market is expected to reach 122 billion yuan by 2022, according to iiMedia. Chinese technology giants like Alibaba, JD.com, and Pinduoduo all jumped on the bandwagon and are battlingover this
OPPO UNVEILS FLAGSHIP FIND X3 PRO WITH 10-BIT COLOR ENGINE 0:00 / 5:12. Live. •. Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro. Using the company’s 10-bit full path color management system, the Find X3 Pro touts breathtaking visuals on its 6.7-inch true Billion Colour 120Hz QHD+ display. The company said its 10-bit color engine covers the CHINESE DISCOUNT RETAILER VIPSHOP IN HOT WATER AFTER BEING Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof. FIVE CHINESE GROUP-BUYING PLATFORMS FINED 6.5M YUAN ($1M Source: Max van den Oetelaar. China’s market regulator has imposed fines totalling 6.5 million yuan ($1 million) on five community group-buying platforms affiliated with leading domestic internet companies, on allegations of price dumping and cheating. Alibaba-backed start-up Nice Tuan, a platform operated by food delivery giant Meituan EP. 75: CHINA E-COMMERCE SAAS: YOUZAN, WEIMOB & WECHAT In episode 75 of Tech Buzz China, co-hosts Rui Ma and Ying Lu talk about China ecommerce SaaS (software as a service), which currently primarily refers to WeChat ecommerce as it takes place through mini programs. Listen to learn about major players Youzan and Weimob, the difference between public and private traffic, and what Alibaba’sand
COMPANY BEHIND FALLEN BIKE-SHARING UNICORN OFO FOUND TO According to enterprise information platform Tianyancha, Dongxia Datong (Beijing) Management Consulting Co. Ltd., the operator of the now defunct bike-sharing platform Ofo, was found to possess no executable funds following a court order on June 10. CHINA AIMS TO BECOME GLOBAL LEADER IN BLOCKCHAIN BY 2025 China’s top telecommunications and Internet regulators on Monday unveiled new guidelines aimed at transforming the country into a global leader in blockchain technology by 2025, as authorities continue to impose curbs on domestic cryptocurrency production. LUXURY BRANDS GO DIGITAL IN CHINA: WHAT ARE THE MAJOR E 2021 might be the year for more luxury brands to go digital in China. According to Bain & Company’s 2020 report, the total global volume of luxury goods sold dropped by 23% in 2020, a record low. Meanwhile, the value of the personal luxury goods market fell from 281 billion euros in 2019 to 217 billion euros in 2020. THE 10 MOST VALUABLE AUTOMOBILE COMPANIES IN CHINA 2020 Founded: 2014; Traded as: NYSE: NIO; Market cap: 1.6008 trillion yuan (as of August 29, 2020) NIO, founded by William Li in 2014, is a Chinese electric vehicle startup headquartered in Shanghai, specialized in designing and developing smart and interconnected electric vehicles.On Sept. 12, 2018, NIO was listed on the New York Stock Exchange (NYSE) under the ticker symbol “NIO”, which was BAIC MOTOR TO ADOPT HUAWEI'S HARMONYOS IN NEW SUV MODEL BAIC Motor officially announced on Thursday that it would adopt the in-house Harmony operating system recently launched by Huawei in the Arcfox Alpha S Huawei HI model and a new petrol SUV, both of which will be unveiled later this year. TOP CHINESE ONLINE SHOPPING APPS 2020 Xiaohongshu , ( lit. Little Red Book), aka RED, founded in 2013, is a social e-commerce app with over 250 million registered users as of 2019. With a focus on beauty and fashion, it acts like a community for people to share shopping tips, product reviews and lifestyle stories. RED also ranks as one of the main Chinese cross-border shopping apps. WECHAT TAKES THE LEAD IN CRACKING DOWN ON INFRINGEMENT OF Tesla’s vehicle orders in China dropped by almost half in May compared with the previous month, as the US automaker wrestles with backlash from regulators and customers alike in the world’s largest electric vehicle (EV) market, according to tech media outlet TheInformation.
HOW A GAME OF ROLE-PLAYING MURDER MYSTERY BECAME A HUGE The LARP industry has been growing rapidly in China. The number of live-action role-playing studios was 12,000 in 2019 and the number climbed to more than 30,000 in 2020, according to local media. The popular reality TV show “Who’s the Murderer,” in which a group of celebrities plays the LARP game, became a hit among young people. PROSPECTIVE CHINESE OLYMPIAN EILEEN GU WINS SECOND GOLD The 17-year-old athlete has already participated on China’s behalf at the 2020 Youth Olympics in Lausanne, Switzerland, where she won two gold medals for her performance in the big air and halfpipe competitions. Eileen Gu was born in San Francisco, California to an American father and a Chinese mother. While competing for the UnitedStates in
EP. 75: CHINA E-COMMERCE SAAS: YOUZAN, WEIMOB & WECHAT In episode 75 of Tech Buzz China, co-hosts Rui Ma and Ying Lu talk about China ecommerce SaaS (software as a service), which currently primarily refers to WeChat ecommerce as it takes place through mini programs. Listen to learn about major players Youzan and Weimob, the difference between public and private traffic, and what Alibaba’sand
EVERYTHING ABOUT CHINA'S INNOVATION May 27. Pandaily Posted on May 26 May 27. In last week’s China VC news, Meridian Capital announces the closing of its 2.12 billion yuan Fund VI, Zhangmen submits documents for a New York IPO, and China Merchants Bank partners with blockchain developer Nervos Foundation. In last week’s China VC news, Meridian Capital announces the closingof
PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness CHINESE HOME APPLIANCES GIANT MIDEA TO MASS PRODUCE PARTS The company said it has invested $100 million in NEV parts research and development since 2015. (Source: Midea) This is not Midea’s first venture into the auto industry, according to China Times.Between 2004 and 2006, the company acquired three manufacturers, including Yunnan Coach Factory, Yunan Shenzhou Vehicle and Hunan Sanxiang Coach Group, in addition to launching a venture OPPO UNVEILS FLAGSHIP FIND X3 PRO WITH 10-BIT COLOR ENGINE 0:00 / 5:12. Live. •. Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro. Using the company’s 10-bit full path color management system, the Find X3 Pro touts breathtaking visuals on its 6.7-inch true Billion Colour 120Hz QHD+ display. The company said its 10-bit color engine covers the HOT POT CHAIN HAIDILAO REVEALS 2019 FINANCIAL RESULTS SEE ALSO: Hot-Pot King Haidilao Pilots “Do Not Disturb” Service. In 2019, the popular hot pot restaurant chain achieved a total revenue of 26.6 billion yuan, up 56.5% year-on-year. Revenue from hot pot reached 25.6 billion yuan, accounting for 96.4% of the total revenue. Net profit increased 42.3% year-on-year to 2.35 billion yuan. CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to HUAWEI EXPLAINS THE DIFFERENCE BETWEEN THE P AND MATE Huawei P20 Pro. Excellent design sense and photography is the “DNA” of the P series. According to He, this DNA distinguishes the P series from the Mate series. The target audience for P and Mate series are somewhat different. The Mate series focuses on pixels and processors, and tends to be ahead of other phones on having the latestprocessor.
CHINESE DISCOUNT RETAILER VIPSHOP IN HOT WATER AFTER BEING Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof. PINDUODUO TO HOLD “SMART AGRICULTURE COMPETITION” Pinduoduo to hold “Smart Agriculture Competition”. China’s major e-commerce player Pinduoduo will hold an agricultural technology competition, aiming to help improve and develop China’s agriculture industry. SEE AlSO: Pinduoduo Posts Revenue Growth in Q1, Shows Support for Small Merchants During COVID-19. Contestants from aroundthe
CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGY China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
EVERYTHING ABOUT CHINA'S INNOVATION May 27. Pandaily Posted on May 26 May 27. In last week’s China VC news, Meridian Capital announces the closing of its 2.12 billion yuan Fund VI, Zhangmen submits documents for a New York IPO, and China Merchants Bank partners with blockchain developer Nervos Foundation. In last week’s China VC news, Meridian Capital announces the closingof
PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness CHINESE HOME APPLIANCES GIANT MIDEA TO MASS PRODUCE PARTS The company said it has invested $100 million in NEV parts research and development since 2015. (Source: Midea) This is not Midea’s first venture into the auto industry, according to China Times.Between 2004 and 2006, the company acquired three manufacturers, including Yunnan Coach Factory, Yunan Shenzhou Vehicle and Hunan Sanxiang Coach Group, in addition to launching a venture OPPO UNVEILS FLAGSHIP FIND X3 PRO WITH 10-BIT COLOR ENGINE 0:00 / 5:12. Live. •. Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro. Using the company’s 10-bit full path color management system, the Find X3 Pro touts breathtaking visuals on its 6.7-inch true Billion Colour 120Hz QHD+ display. The company said its 10-bit color engine covers the HOT POT CHAIN HAIDILAO REVEALS 2019 FINANCIAL RESULTS SEE ALSO: Hot-Pot King Haidilao Pilots “Do Not Disturb” Service. In 2019, the popular hot pot restaurant chain achieved a total revenue of 26.6 billion yuan, up 56.5% year-on-year. Revenue from hot pot reached 25.6 billion yuan, accounting for 96.4% of the total revenue. Net profit increased 42.3% year-on-year to 2.35 billion yuan. CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to HUAWEI EXPLAINS THE DIFFERENCE BETWEEN THE P AND MATE Huawei P20 Pro. Excellent design sense and photography is the “DNA” of the P series. According to He, this DNA distinguishes the P series from the Mate series. The target audience for P and Mate series are somewhat different. The Mate series focuses on pixels and processors, and tends to be ahead of other phones on having the latestprocessor.
CHINESE DISCOUNT RETAILER VIPSHOP IN HOT WATER AFTER BEING Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof. PINDUODUO TO HOLD “SMART AGRICULTURE COMPETITION” Pinduoduo to hold “Smart Agriculture Competition”. China’s major e-commerce player Pinduoduo will hold an agricultural technology competition, aiming to help improve and develop China’s agriculture industry. SEE AlSO: Pinduoduo Posts Revenue Growth in Q1, Shows Support for Small Merchants During COVID-19. Contestants from aroundthe
CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGY China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
WHY IS THE COMMUNITY GROUP BUYING MODEL SURGING IN CHINA The pandemic has stimulated the expansion of the community group-buying model in China as people shift to online shopping. China’s online grocery market is expected to reach 122 billion yuan by 2022, according to iiMedia. Chinese technology giants like Alibaba, JD.com, and Pinduoduo all jumped on the bandwagon and are battlingover this
BAIC MOTOR TO ADOPT HUAWEI'S HARMONYOS IN NEW SUV MODEL BAIC Motor officially announced on Thursday that it would adopt the in-house Harmony operating system recently launched by Huawei in the Arcfox Alpha S Huawei HI model and a new petrol SUV, both of which will be unveiled later this year. CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGY China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
CHINA COMMENCES TESTING FOR THE INTERNET OF VEHICLES China on Thursday initiated a new pilot program related to the Internet of Vehicles, focusing on data security and identity authentication, aiming to PINDUODUO’S CONSUMER-TO-MANUFACTURER MODEL HELPS BRANDS The next year, PDD worked with Sanhe to develop a multipurpose pot for the domestic market with the same craftsmanship and quality as its export models, but at a lower price of 99 yuan ($14) per piece. Sanhp’s Maifan non-stick stone pot retailing at 99 yuan on PDD (Source: Pinduoduo APP) CHINA’S RIDE-HAILING KING DIDI CHUXING FILES FOR Didi Chuxing, China’s leading ride-hailing platform, unveiled the filing for its long-awaited US stock market debut on Thursday, markinga further step
TESLA’S CHINA SALES REBOUND IN MAY DESPITE CUSTOMER Tesla’s deliveries in China unexpectedly surged in May after a short-lived downturn, following which the company regained its throne in the national electric vehicle (EV) market despite a backlash over issues with quality and data protection. COMPANY BEHIND FALLEN BIKE-SHARING UNICORN OFO FOUND TO According to enterprise information platform Tianyancha, Dongxia Datong (Beijing) Management Consulting Co. Ltd., the operator of the now defunct bike-sharing platform Ofo, was found to possess no executable funds following a court order on June 10. LUCKIN’S EX-CHAIRMAN LU ZHENGYAO BECOMES JUDGMENT DEBTOR According to public information posted to China's enforcement information disclosure website, Luckin Coffee’s ex-chairman Lu Zhengyao on Wednesday was listed as a judgment debtor by the Higher People's Court of Beijing Municipality, obliging him to CHINA ESPORTS WEEKLY: HYPERICE NAMED SPECIAL PARTNER OF In the week leading up to the summer season, the temperature in China has begun to increase, as has esports business news across the country. Last week, the esports industry in China saw some new brands enter the scene, including the first automotive sponsor for VictoryFive.
EVERYTHING ABOUT CHINA'S INNOVATION May 27. Pandaily Posted on May 26 May 27. In last week’s China VC news, Meridian Capital announces the closing of its 2.12 billion yuan Fund VI, Zhangmen submits documents for a New York IPO, and China Merchants Bank partners with blockchain developer Nervos Foundation. In last week’s China VC news, Meridian Capital announces the closingof
PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness CHINESE HOME APPLIANCES GIANT MIDEA TO MASS PRODUCE PARTS The company said it has invested $100 million in NEV parts research and development since 2015. (Source: Midea) This is not Midea’s first venture into the auto industry, according to China Times.Between 2004 and 2006, the company acquired three manufacturers, including Yunnan Coach Factory, Yunan Shenzhou Vehicle and Hunan Sanxiang Coach Group, in addition to launching a venture OPPO UNVEILS FLAGSHIP FIND X3 PRO WITH 10-BIT COLOR ENGINE 0:00 / 5:12. Live. •. Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro. Using the company’s 10-bit full path color management system, the Find X3 Pro touts breathtaking visuals on its 6.7-inch true Billion Colour 120Hz QHD+ display. The company said its 10-bit color engine covers the HOT POT CHAIN HAIDILAO REVEALS 2019 FINANCIAL RESULTS SEE ALSO: Hot-Pot King Haidilao Pilots “Do Not Disturb” Service. In 2019, the popular hot pot restaurant chain achieved a total revenue of 26.6 billion yuan, up 56.5% year-on-year. Revenue from hot pot reached 25.6 billion yuan, accounting for 96.4% of the total revenue. Net profit increased 42.3% year-on-year to 2.35 billion yuan. CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to HUAWEI EXPLAINS THE DIFFERENCE BETWEEN THE P AND MATE Huawei P20 Pro. Excellent design sense and photography is the “DNA” of the P series. According to He, this DNA distinguishes the P series from the Mate series. The target audience for P and Mate series are somewhat different. The Mate series focuses on pixels and processors, and tends to be ahead of other phones on having the latestprocessor.
CHINESE DISCOUNT RETAILER VIPSHOP IN HOT WATER AFTER BEING Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof. PINDUODUO TO HOLD “SMART AGRICULTURE COMPETITION” Pinduoduo to hold “Smart Agriculture Competition”. China’s major e-commerce player Pinduoduo will hold an agricultural technology competition, aiming to help improve and develop China’s agriculture industry. SEE AlSO: Pinduoduo Posts Revenue Growth in Q1, Shows Support for Small Merchants During COVID-19. Contestants from aroundthe
CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGY China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
EVERYTHING ABOUT CHINA'S INNOVATION May 27. Pandaily Posted on May 26 May 27. In last week’s China VC news, Meridian Capital announces the closing of its 2.12 billion yuan Fund VI, Zhangmen submits documents for a New York IPO, and China Merchants Bank partners with blockchain developer Nervos Foundation. In last week’s China VC news, Meridian Capital announces the closingof
PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness CHINESE HOME APPLIANCES GIANT MIDEA TO MASS PRODUCE PARTS The company said it has invested $100 million in NEV parts research and development since 2015. (Source: Midea) This is not Midea’s first venture into the auto industry, according to China Times.Between 2004 and 2006, the company acquired three manufacturers, including Yunnan Coach Factory, Yunan Shenzhou Vehicle and Hunan Sanxiang Coach Group, in addition to launching a venture OPPO UNVEILS FLAGSHIP FIND X3 PRO WITH 10-BIT COLOR ENGINE 0:00 / 5:12. Live. •. Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro. Using the company’s 10-bit full path color management system, the Find X3 Pro touts breathtaking visuals on its 6.7-inch true Billion Colour 120Hz QHD+ display. The company said its 10-bit color engine covers the HOT POT CHAIN HAIDILAO REVEALS 2019 FINANCIAL RESULTS SEE ALSO: Hot-Pot King Haidilao Pilots “Do Not Disturb” Service. In 2019, the popular hot pot restaurant chain achieved a total revenue of 26.6 billion yuan, up 56.5% year-on-year. Revenue from hot pot reached 25.6 billion yuan, accounting for 96.4% of the total revenue. Net profit increased 42.3% year-on-year to 2.35 billion yuan. CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to HUAWEI EXPLAINS THE DIFFERENCE BETWEEN THE P AND MATE Huawei P20 Pro. Excellent design sense and photography is the “DNA” of the P series. According to He, this DNA distinguishes the P series from the Mate series. The target audience for P and Mate series are somewhat different. The Mate series focuses on pixels and processors, and tends to be ahead of other phones on having the latestprocessor.
CHINESE DISCOUNT RETAILER VIPSHOP IN HOT WATER AFTER BEING Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof. PINDUODUO TO HOLD “SMART AGRICULTURE COMPETITION” Pinduoduo to hold “Smart Agriculture Competition”. China’s major e-commerce player Pinduoduo will hold an agricultural technology competition, aiming to help improve and develop China’s agriculture industry. SEE AlSO: Pinduoduo Posts Revenue Growth in Q1, Shows Support for Small Merchants During COVID-19. Contestants from aroundthe
CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGY China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
WHY IS THE COMMUNITY GROUP BUYING MODEL SURGING IN CHINA The pandemic has stimulated the expansion of the community group-buying model in China as people shift to online shopping. China’s online grocery market is expected to reach 122 billion yuan by 2022, according to iiMedia. Chinese technology giants like Alibaba, JD.com, and Pinduoduo all jumped on the bandwagon and are battlingover this
BAIC MOTOR TO ADOPT HUAWEI'S HARMONYOS IN NEW SUV MODEL BAIC Motor officially announced on Thursday that it would adopt the in-house Harmony operating system recently launched by Huawei in the Arcfox Alpha S Huawei HI model and a new petrol SUV, both of which will be unveiled later this year. CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGY China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
CHINA COMMENCES TESTING FOR THE INTERNET OF VEHICLES China on Thursday initiated a new pilot program related to the Internet of Vehicles, focusing on data security and identity authentication, aiming to PINDUODUO’S CONSUMER-TO-MANUFACTURER MODEL HELPS BRANDS The next year, PDD worked with Sanhe to develop a multipurpose pot for the domestic market with the same craftsmanship and quality as its export models, but at a lower price of 99 yuan ($14) per piece. Sanhp’s Maifan non-stick stone pot retailing at 99 yuan on PDD (Source: Pinduoduo APP) CHINA’S RIDE-HAILING KING DIDI CHUXING FILES FOR Didi Chuxing, China’s leading ride-hailing platform, unveiled the filing for its long-awaited US stock market debut on Thursday, markinga further step
TESLA’S CHINA SALES REBOUND IN MAY DESPITE CUSTOMER Tesla’s deliveries in China unexpectedly surged in May after a short-lived downturn, following which the company regained its throne in the national electric vehicle (EV) market despite a backlash over issues with quality and data protection. COMPANY BEHIND FALLEN BIKE-SHARING UNICORN OFO FOUND TO According to enterprise information platform Tianyancha, Dongxia Datong (Beijing) Management Consulting Co. Ltd., the operator of the now defunct bike-sharing platform Ofo, was found to possess no executable funds following a court order on June 10. LUCKIN’S EX-CHAIRMAN LU ZHENGYAO BECOMES JUDGMENT DEBTOR According to public information posted to China's enforcement information disclosure website, Luckin Coffee’s ex-chairman Lu Zhengyao on Wednesday was listed as a judgment debtor by the Higher People's Court of Beijing Municipality, obliging him to CHINA ESPORTS WEEKLY: HYPERICE NAMED SPECIAL PARTNER OF In the week leading up to the summer season, the temperature in China has begun to increase, as has esports business news across the country. Last week, the esports industry in China saw some new brands enter the scene, including the first automotive sponsor for VictoryFive.
EVERYTHING ABOUT CHINA'S INNOVATION May 27. Pandaily Posted on May 26 May 27. In last week’s China VC news, Meridian Capital announces the closing of its 2.12 billion yuan Fund VI, Zhangmen submits documents for a New York IPO, and China Merchants Bank partners with blockchain developer Nervos Foundation. In last week’s China VC news, Meridian Capital announces the closingof
PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to OPPO UNVEILS FLAGSHIP FIND X3 PRO WITH 10-BIT COLOR ENGINE 0:00 / 5:12. Live. •. Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro. Using the company’s 10-bit full path color management system, the Find X3 Pro touts breathtaking visuals on its 6.7-inch true Billion Colour 120Hz QHD+ display. The company said its 10-bit color engine covers the CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGY China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
WECHAT TAKES THE LEAD IN CRACKING DOWN ON INFRINGEMENT OF Tesla’s vehicle orders in China dropped by almost half in May compared with the previous month, as the US automaker wrestles with backlash from regulators and customers alike in the world’s largest electric vehicle (EV) market, according to tech media outlet TheInformation.
CHINESE DISCOUNT RETAILER VIPSHOP IN HOT WATER AFTER BEING Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof. HOW A GAME OF ROLE-PLAYING MURDER MYSTERY BECAME A HUGE The LARP industry has been growing rapidly in China. The number of live-action role-playing studios was 12,000 in 2019 and the number climbed to more than 30,000 in 2020, according to local media. The popular reality TV show “Who’s the Murderer,” in which a group of celebrities plays the LARP game, became a hit among young people. “VERSAILLES LITERATURE” TRENDING ON CHINA’S INTERNET: A This in turn has sparked plenty of jokes, spreading the Versailles literature far and wide on the web. The fun lies in packaging tastelessly braggy posts as a form of high-end, refined nonchalance designed to attract attention and jealousy. Weibo user Xiaonaiqiu is believed to be the founder of the Versailles literature. CHAIRMAN OF FUYAO GLASS TALKS ABOUT AMERICAN FACTORYSEE MORE ONPANDAILY.COM
EVERYTHING ABOUT CHINA'S INNOVATION May 27. Pandaily Posted on May 26 May 27. In last week’s China VC news, Meridian Capital announces the closing of its 2.12 billion yuan Fund VI, Zhangmen submits documents for a New York IPO, and China Merchants Bank partners with blockchain developer Nervos Foundation. In last week’s China VC news, Meridian Capital announces the closingof
PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to OPPO UNVEILS FLAGSHIP FIND X3 PRO WITH 10-BIT COLOR ENGINE 0:00 / 5:12. Live. •. Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro. Using the company’s 10-bit full path color management system, the Find X3 Pro touts breathtaking visuals on its 6.7-inch true Billion Colour 120Hz QHD+ display. The company said its 10-bit color engine covers the CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGY China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
WECHAT TAKES THE LEAD IN CRACKING DOWN ON INFRINGEMENT OF Tesla’s vehicle orders in China dropped by almost half in May compared with the previous month, as the US automaker wrestles with backlash from regulators and customers alike in the world’s largest electric vehicle (EV) market, according to tech media outlet TheInformation.
CHINESE DISCOUNT RETAILER VIPSHOP IN HOT WATER AFTER BEING Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof. HOW A GAME OF ROLE-PLAYING MURDER MYSTERY BECAME A HUGE The LARP industry has been growing rapidly in China. The number of live-action role-playing studios was 12,000 in 2019 and the number climbed to more than 30,000 in 2020, according to local media. The popular reality TV show “Who’s the Murderer,” in which a group of celebrities plays the LARP game, became a hit among young people. “VERSAILLES LITERATURE” TRENDING ON CHINA’S INTERNET: A This in turn has sparked plenty of jokes, spreading the Versailles literature far and wide on the web. The fun lies in packaging tastelessly braggy posts as a form of high-end, refined nonchalance designed to attract attention and jealousy. Weibo user Xiaonaiqiu is believed to be the founder of the Versailles literature. CHAIRMAN OF FUYAO GLASS TALKS ABOUT AMERICAN FACTORYSEE MORE ONPANDAILY.COM
CHINA VC WEEKLY: COVID VACCINE AND XIAOMI’S FIRST EV MOVES In last week’s VC news, pharmaceutical firm Stemirna Therapeutics raises roughly $188 million for COVID vaccine trials, Xiaomi-backed fund invests in autonomous driving startup Zongmu Technology shortly after the company announced a foray into the EV market, supply chain information startup Xforceplus closes $200 million Series C round. CHINA AIMS TO BECOME GLOBAL LEADER IN BLOCKCHAIN BY 2025 China’s top telecommunications and Internet regulators on Monday unveiled new guidelines aimed at transforming the country into a global leader in blockchain technology by 2025, as authorities continue to impose curbs on domestic cryptocurrency production. CHINESE HOME APPLIANCES GIANT MIDEA TO MASS PRODUCE PARTS The company said it has invested $100 million in NEV parts research and development since 2015. (Source: Midea) This is not Midea’s first venture into the auto industry, according to China Times.Between 2004 and 2006, the company acquired three manufacturers, including Yunnan Coach Factory, Yunan Shenzhou Vehicle and Hunan Sanxiang Coach Group, in addition to launching a venture LUXURY BRANDS GO DIGITAL IN CHINA: WHAT ARE THE MAJOR E 2021 might be the year for more luxury brands to go digital in China. According to Bain & Company’s 2020 report, the total global volume of luxury goods sold dropped by 23% in 2020, a record low. Meanwhile, the value of the personal luxury goods market fell from 281 billion euros in 2019 to 217 billion euros in 2020. WHY IS THE COMMUNITY GROUP BUYING MODEL SURGING IN CHINA The pandemic has stimulated the expansion of the community group-buying model in China as people shift to online shopping. China’s online grocery market is expected to reach 122 billion yuan by 2022, according to iiMedia. Chinese technology giants like Alibaba, JD.com, and Pinduoduo all jumped on the bandwagon and are battlingover this
TOP CHINESE ANIMATED FILMS TO WATCH 2019 was a bumper year for Chinese animated movies. This year, animated blockbuster Ne Zha, with box office revenue of $729 million, beat Avengers: Endgame and Wandering Earth and became the second-highest grossing film in China, closely following the action blockbuster Wolf Warrior II, marking an impressive milestone for the country’s animation industry. HOW A GAME OF ROLE-PLAYING MURDER MYSTERY BECAME A HUGE The LARP industry has been growing rapidly in China. The number of live-action role-playing studios was 12,000 in 2019 and the number climbed to more than 30,000 in 2020, according to local media. The popular reality TV show “Who’s the Murderer,” in which a group of celebrities plays the LARP game, became a hit among young people. A BRIEF INTRODUCTION TO THE SCIENCE AND TECHNOLOGY 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. HUAWEI EXPLAINS THE DIFFERENCE BETWEEN THE P AND MATE Huawei P20 Pro. Excellent design sense and photography is the “DNA” of the P series. According to He, this DNA distinguishes the P series from the Mate series. The target audience for P and Mate series are somewhat different. The Mate series focuses on pixels and processors, and tends to be ahead of other phones on having the latestprocessor.
TENCENT ROLLS OUT UPDATED ANTI-ADDICTION SYSTEM TO 21 MORE Tencent on Tuesday announced the rollout of its updated anti-addiction system to another 21 mobile titles, increasing the number of mobile games covered by the system to 33, according to a post on its official gaming WeChat account. SEE AlSO: Tencent EVERYTHING ABOUT CHINA'S INNOVATION May 27. Pandaily Posted on May 26 May 27. In last week’s China VC news, Meridian Capital announces the closing of its 2.12 billion yuan Fund VI, Zhangmen submits documents for a New York IPO, and China Merchants Bank partners with blockchain developer Nervos Foundation. In last week’s China VC news, Meridian Capital announces the closingof
PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to OPPO UNVEILS FLAGSHIP FIND X3 PRO WITH 10-BIT COLOR ENGINE 0:00 / 5:12. Live. •. Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro. Using the company’s 10-bit full path color management system, the Find X3 Pro touts breathtaking visuals on its 6.7-inch true Billion Colour 120Hz QHD+ display. The company said its 10-bit color engine covers the CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGY China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
WECHAT TAKES THE LEAD IN CRACKING DOWN ON INFRINGEMENT OF Tesla’s vehicle orders in China dropped by almost half in May compared with the previous month, as the US automaker wrestles with backlash from regulators and customers alike in the world’s largest electric vehicle (EV) market, according to tech media outlet TheInformation.
CHINESE DISCOUNT RETAILER VIPSHOP IN HOT WATER AFTER BEING Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof. HOW A GAME OF ROLE-PLAYING MURDER MYSTERY BECAME A HUGE The LARP industry has been growing rapidly in China. The number of live-action role-playing studios was 12,000 in 2019 and the number climbed to more than 30,000 in 2020, according to local media. The popular reality TV show “Who’s the Murderer,” in which a group of celebrities plays the LARP game, became a hit among young people. “VERSAILLES LITERATURE” TRENDING ON CHINA’S INTERNET: A This in turn has sparked plenty of jokes, spreading the Versailles literature far and wide on the web. The fun lies in packaging tastelessly braggy posts as a form of high-end, refined nonchalance designed to attract attention and jealousy. Weibo user Xiaonaiqiu is believed to be the founder of the Versailles literature. CHAIRMAN OF FUYAO GLASS TALKS ABOUT AMERICAN FACTORYSEE MORE ONPANDAILY.COM
EVERYTHING ABOUT CHINA'S INNOVATION May 27. Pandaily Posted on May 26 May 27. In last week’s China VC news, Meridian Capital announces the closing of its 2.12 billion yuan Fund VI, Zhangmen submits documents for a New York IPO, and China Merchants Bank partners with blockchain developer Nervos Foundation. In last week’s China VC news, Meridian Capital announces the closingof
PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to OPPO UNVEILS FLAGSHIP FIND X3 PRO WITH 10-BIT COLOR ENGINE 0:00 / 5:12. Live. •. Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro. Using the company’s 10-bit full path color management system, the Find X3 Pro touts breathtaking visuals on its 6.7-inch true Billion Colour 120Hz QHD+ display. The company said its 10-bit color engine covers the CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGY China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
WECHAT TAKES THE LEAD IN CRACKING DOWN ON INFRINGEMENT OF Tesla’s vehicle orders in China dropped by almost half in May compared with the previous month, as the US automaker wrestles with backlash from regulators and customers alike in the world’s largest electric vehicle (EV) market, according to tech media outlet TheInformation.
CHINESE DISCOUNT RETAILER VIPSHOP IN HOT WATER AFTER BEING Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof. HOW A GAME OF ROLE-PLAYING MURDER MYSTERY BECAME A HUGE The LARP industry has been growing rapidly in China. The number of live-action role-playing studios was 12,000 in 2019 and the number climbed to more than 30,000 in 2020, according to local media. The popular reality TV show “Who’s the Murderer,” in which a group of celebrities plays the LARP game, became a hit among young people. “VERSAILLES LITERATURE” TRENDING ON CHINA’S INTERNET: A This in turn has sparked plenty of jokes, spreading the Versailles literature far and wide on the web. The fun lies in packaging tastelessly braggy posts as a form of high-end, refined nonchalance designed to attract attention and jealousy. Weibo user Xiaonaiqiu is believed to be the founder of the Versailles literature. CHAIRMAN OF FUYAO GLASS TALKS ABOUT AMERICAN FACTORYSEE MORE ONPANDAILY.COM
CHINA VC WEEKLY: COVID VACCINE AND XIAOMI’S FIRST EV MOVES In last week’s VC news, pharmaceutical firm Stemirna Therapeutics raises roughly $188 million for COVID vaccine trials, Xiaomi-backed fund invests in autonomous driving startup Zongmu Technology shortly after the company announced a foray into the EV market, supply chain information startup Xforceplus closes $200 million Series C round. BIDEN WITHDRAWS TRUMP’S EXECUTIVE ORDERS SEEKING TO BAN US President Joe Biden on Wednesday revoked former President Trump's executive orders trying to ban Chinese short video app TikTok and instant communication app WeChat over national security concerns and issued a new order to review security concerns posed by CHINESE HOME APPLIANCES GIANT MIDEA TO MASS PRODUCE PARTS The company said it has invested $100 million in NEV parts research and development since 2015. (Source: Midea) This is not Midea’s first venture into the auto industry, according to China Times.Between 2004 and 2006, the company acquired three manufacturers, including Yunnan Coach Factory, Yunan Shenzhou Vehicle and Hunan Sanxiang Coach Group, in addition to launching a venture LUXURY BRANDS GO DIGITAL IN CHINA: WHAT ARE THE MAJOR E 2021 might be the year for more luxury brands to go digital in China. According to Bain & Company’s 2020 report, the total global volume of luxury goods sold dropped by 23% in 2020, a record low. Meanwhile, the value of the personal luxury goods market fell from 281 billion euros in 2019 to 217 billion euros in 2020. WHY IS THE COMMUNITY GROUP BUYING MODEL SURGING IN CHINA The pandemic has stimulated the expansion of the community group-buying model in China as people shift to online shopping. China’s online grocery market is expected to reach 122 billion yuan by 2022, according to iiMedia. Chinese technology giants like Alibaba, JD.com, and Pinduoduo all jumped on the bandwagon and are battlingover this
TOP CHINESE ANIMATED FILMS TO WATCH 2019 was a bumper year for Chinese animated movies. This year, animated blockbuster Ne Zha, with box office revenue of $729 million, beat Avengers: Endgame and Wandering Earth and became the second-highest grossing film in China, closely following the action blockbuster Wolf Warrior II, marking an impressive milestone for the country’s animation industry. HOW A GAME OF ROLE-PLAYING MURDER MYSTERY BECAME A HUGE The LARP industry has been growing rapidly in China. The number of live-action role-playing studios was 12,000 in 2019 and the number climbed to more than 30,000 in 2020, according to local media. The popular reality TV show “Who’s the Murderer,” in which a group of celebrities plays the LARP game, became a hit among young people. DIDI OFFERS DETAILS OF ITS INCOME STRUCTURE TO END RUMORS Didi Offers Details of Its Income Structure to End Rumors about Excessive Commission. Chinese ride-hailing giant Didi Chuxing offered details on the income it derives from ride-hailing services on its Wechat official account on Friday. The decision is an attempt to stem public doubts about excessive commissions and blurry rules on profit A BRIEF INTRODUCTION TO THE SCIENCE AND TECHNOLOGY 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. TENCENT ROLLS OUT UPDATED ANTI-ADDICTION SYSTEM TO 21 MORE Tencent on Tuesday announced the rollout of its updated anti-addiction system to another 21 mobile titles, increasing the number of mobile games covered by the system to 33, according to a post on its official gaming WeChat account. SEE AlSO: Tencent EVERYTHING ABOUT CHINA'S INNOVATION Alibaba-backed Nice Tuan Issued 1.5 Million Yuan Fine and Suspension after Failing to Correct “Improper Pricing Behavior”. Chinese regulators imposed the maximum penalty of 1.5 million yuan ($235,257) on Alibaba-backed community group-buying platform Nice Tuan after the company failed to rectify product dumping and pricing fraud. CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGY China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
OPPO UNVEILS FLAGSHIP FIND X3 PRO WITH 10-BIT COLOR ENGINE 0:00 / 5:12. Live. •. Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro. Using the company’s 10-bit full path color management system, the Find X3 Pro touts breathtaking visuals on its 6.7-inch true Billion Colour 120Hz QHD+ display. The company said its 10-bit color engine covers the HOT POT CHAIN HAIDILAO REVEALS 2019 FINANCIAL RESULTS SEE ALSO: Hot-Pot King Haidilao Pilots “Do Not Disturb” Service. In 2019, the popular hot pot restaurant chain achieved a total revenue of 26.6 billion yuan, up 56.5% year-on-year. Revenue from hot pot reached 25.6 billion yuan, accounting for 96.4% of the total revenue. Net profit increased 42.3% year-on-year to 2.35 billion yuan. PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness PINDUODUO TO HOLD “SMART AGRICULTURE COMPETITION” Pinduoduo to hold “Smart Agriculture Competition”. China’s major e-commerce player Pinduoduo will hold an agricultural technology competition, aiming to help improve and develop China’s agriculture industry. SEE AlSO: Pinduoduo Posts Revenue Growth in Q1, Shows Support for Small Merchants During COVID-19. Contestants from aroundthe
CHINESE DISCOUNT RETAILER VIPSHOP IN HOT WATER AFTER BEING Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof. TENCENT ROLLS OUT UPDATED ANTI-ADDICTION SYSTEM TO 21 MORE Tencent on Tuesday announced the rollout of its updated anti-addiction system to another 21 mobile titles, increasing the number of mobile games covered by the system to 33, according to a post on its official gaming WeChat account. SEE AlSO: Tencent KEEP BECOMES CHINA’S LARGEST SOCIAL SPORTS PLATFORM EVERYTHING ABOUT CHINA'S INNOVATION Alibaba-backed Nice Tuan Issued 1.5 Million Yuan Fine and Suspension after Failing to Correct “Improper Pricing Behavior”. Chinese regulators imposed the maximum penalty of 1.5 million yuan ($235,257) on Alibaba-backed community group-buying platform Nice Tuan after the company failed to rectify product dumping and pricing fraud. CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGY China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
OPPO UNVEILS FLAGSHIP FIND X3 PRO WITH 10-BIT COLOR ENGINE 0:00 / 5:12. Live. •. Chinese smartphone maker Oppo on Thursday launched its high-end, billion color flagship Find X3 Pro. Using the company’s 10-bit full path color management system, the Find X3 Pro touts breathtaking visuals on its 6.7-inch true Billion Colour 120Hz QHD+ display. The company said its 10-bit color engine covers the HOT POT CHAIN HAIDILAO REVEALS 2019 FINANCIAL RESULTS SEE ALSO: Hot-Pot King Haidilao Pilots “Do Not Disturb” Service. In 2019, the popular hot pot restaurant chain achieved a total revenue of 26.6 billion yuan, up 56.5% year-on-year. Revenue from hot pot reached 25.6 billion yuan, accounting for 96.4% of the total revenue. Net profit increased 42.3% year-on-year to 2.35 billion yuan. PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness PINDUODUO TO HOLD “SMART AGRICULTURE COMPETITION” Pinduoduo to hold “Smart Agriculture Competition”. China’s major e-commerce player Pinduoduo will hold an agricultural technology competition, aiming to help improve and develop China’s agriculture industry. SEE AlSO: Pinduoduo Posts Revenue Growth in Q1, Shows Support for Small Merchants During COVID-19. Contestants from aroundthe
CHINESE DISCOUNT RETAILER VIPSHOP IN HOT WATER AFTER BEING Chinese online discount retailer Vipshop has refuted claims that it is selling counterfeit items on its platform, citing an authentication report from a government-backed enterprise as proof. TENCENT ROLLS OUT UPDATED ANTI-ADDICTION SYSTEM TO 21 MORE Tencent on Tuesday announced the rollout of its updated anti-addiction system to another 21 mobile titles, increasing the number of mobile games covered by the system to 33, according to a post on its official gaming WeChat account. SEE AlSO: Tencent KEEP BECOMES CHINA’S LARGEST SOCIAL SPORTS PLATFORM CHINA VC WEEKLY: COVID VACCINE AND XIAOMI’S FIRST EV MOVES In last week’s VC news, pharmaceutical firm Stemirna Therapeutics raises roughly $188 million for COVID vaccine trials, Xiaomi-backed fund invests in autonomous driving startup Zongmu Technology shortly after the company announced a foray into the EV market, supply chain information startup Xforceplus closes $200 million Series C round. CHINESE ONLINE GROCERY DUO FILE FOR US IPOS, SPICING UP Dingdong Maicai and MissFresh, leading players in China’s burgeoning fresh food delivery arena, filed for US listings on Tuesday, racing tobecome
ALIBABA-BACKED ONLINE EDUCATION GIANT ZUOYEBANG DOWNSIZES Online education company Zuoyebang reportedly laid off employees and went so far as to cut entire departments due to China’s pressuring policy on the sector. The industry might face the biggest wave of layoffs during this business recession. PINDUODUO REVEALS CHINA’S RISING “SINGLE ECONOMY” AMID To prevent another round of pandemic resurgence, China’s government called on citizens to stay at home this new year holiday. The rising number of single people in China have resorted to online shopping and spurred new consumption trends in recent days. “The ‘single economy’ is the awakening of single people’s consumption awareness GREAT WALL MOTORS TO ESTABLISH TANK AS AN INDEPENDENT OFF Great Wall Motors to Establish TANK as an Independent Off-Road Vehicle Brand. China’s biggest SUV and pick-up manufacturer Great Wall Motors announced on March 21 that it will launch its flagship off-road vehicle, the TANK series, as a stand-alone brand. The company will separate TANK from its premium brand WEY at the 19th Shanghai HUAWEI INVESTS IN LITHOGRAPHY MACHINES, ASCENDING CHIP Chinese tech giant Huawei is investing in lithography machines, one of the core equipments required in semiconductor manufacturing, in a bid to mitigate the ongoing global chip shortage. TENCENT TO EQUIP AUDI CARS WITH IN-CAR WECHAT, QQ MUSIC IN Tencent’s in-car WeChat platform, first unveiled in August 2019, allows drivers to operate the popular app through voice commands and buttons on the steering wheel. Drivers can check and send messages, make WeChat calls and send their real-time location without taking their hands off the wheel. The signing of the strategic partnershipbetween
LEGO AND TENCENT RENEW STRATEGIC COOPERATION ON VIDEO The LEGO Group and Tencent announced a renewed memorandum of understanding (MoU) on strategic cooperation to further consolidate and expand their collaboration in the field of digital play experiences for children.. Over the span of two years, under the new MoU, the two companies will deepen their cooperation in video, games and digital child safety, as well as explore new opportunities in AFTER YEARS OF DERISION, CHINA’S INTERNET CELEBRITIES After Years of Derision, China’s Internet Celebrities Finally Win Mainstream Success. Li Jiaqi, a young man famous for tastefully applying lipstick and makeup on himself, is the hottest name to millions of Chinese women right now. He used to be a beauty adviser at L’Oréal, but now he has become a national Internet celebrity, withover 9
TEN FUN FACTS ABOUT MAOTANCHANG HIGH SCHOOL “Seven years after I graduate from my master school, I still have the nightmares, I still dream of those classes, where the teacher is shouting, those sweaty summer days. I would dream of how I didn't finish my math papers, and failed to find all the revision materials. I kinda feel it will haunt me all my life.” EVERYTHING ABOUT CHINA'S INNOVATION Alibaba-backed Nice Tuan Issued 1.5 Million Yuan Fine and Suspension after Failing to Correct “Improper Pricing Behavior”. Chinese regulators imposed the maximum penalty of 1.5 million yuan ($235,257) on Alibaba-backed community group-buying platform Nice Tuan after the company failed to rectify product dumping and pricing fraud. CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGYWASTE TO ENERGY PLANT LOCATIONSNEW WASTE TO ENERGY PLANTSWASTE TO ENERGY FACILITIES USAWASTE TO ENERGY FACILITY SPOKANEWASTE TO ENERGY PLANTSWASTE TOENERGY US
China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
HOT POT CHAIN HAIDILAO REVEALS 2019 FINANCIAL RESULTS SEE ALSO: Hot-Pot King Haidilao Pilots “Do Not Disturb” Service. In 2019, the popular hot pot restaurant chain achieved a total revenue of 26.6 billion yuan, up 56.5% year-on-year. Revenue from hot pot reached 25.6 billion yuan, accounting for 96.4% of the total revenue. Net profit increased 42.3% year-on-year to 2.35 billion yuan. ALIBABA VS. TENCENT: THE WAR SHAPING CHINA’S TECH INDUSTRYALIBABA TENCENT BAIDUCHINA ALIBABA TENCENT FINEDTENCENT CHINA NEWSTENCENT OR ALIBABATENCENT VS ALIBABAWHAT IS TENCENT Cloud Services: Tencent Cloud (T) vs AliCloud (A) China’s cloud computing market has massive potential, as the cloud services market in China are expected to reach just over $100 billion in 2020. In this domestic cloud market, Alibaba’s AliCloud is the clear and undisputed leader. In terms of market share, Alibaba Cloud leads theway with
PINDUODUO TO HOLD “SMART AGRICULTURE COMPETITION” Pinduoduo to hold “Smart Agriculture Competition”. China’s major e-commerce player Pinduoduo will hold an agricultural technology competition, aiming to help improve and develop China’s agriculture industry. SEE AlSO: Pinduoduo Posts Revenue Growth in Q1, Shows Support for Small Merchants During COVID-19. Contestants from aroundthe
BAIDU LAUNCHES AI HOME THEATER SYSTEM AND XIAODU SMART Baidu Launches AI Home Theater System and Xiaodu Smart Display 1S Assistant. On Feb. 28, Baidu launched two new AI-based IoT smart devices for the Chinese market– Xiaodu TV Mate and the Xiaodu Smart Display 1S. The former is an innovative 3-in-1 smart device with integrated functions of a home theater system, 4K high definitionset-top box
BILIBILI CELEBRATES CHINESE GEN Z’S ORIGINALITY IN ITS NEW Bilibili Celebrates Chinese Gen Z’s Originality in its New Year’s Eve Concert. Amidst all New Year’s Eve countdown shows, Bilibili ’s New Year Concert has to be the most special. The pre-recorded show reached 82 million simultaneous viewers at its peak, with 45 million playbacks, 1.36 million bullet chats, and over 14,000 comments THE CHINESE “COPYCATS” OF BURNING MAN The Chinese “Copycats” of Burning Man. The Temple is being burned at Burning Man 2019. (Source: ONE Art Museum) Burning Man-style festivals or communities in Mainland China mainly include Dragon Burn, Gobi Heaven and Node Planet. Dragon Burn is Mainland China’s only official regional Burn. Although not officially affiliated withBurning
CHAIRMAN OF FUYAO GLASS TALKS ABOUT AMERICAN FACTORYSEE MORE ONPANDAILY.COM
AMAZON CHINA OFFICIALLY CLOSES BUSINESS WITH THIRD PARTYAMAZON CHINA WEBSITECHINA AMAZON SITECHINA AMAZON SITE Amazon China’s Prime Day was held on July 15 and 16, soon after the company closed its cooperation with third party vendors. This means Chinese consumers will no longer be able to buy third-party goods on Amazon. However, the company didn’t shut out China completely as its Amazon International Shopping platform, Amazon Global program EVERYTHING ABOUT CHINA'S INNOVATION Alibaba-backed Nice Tuan Issued 1.5 Million Yuan Fine and Suspension after Failing to Correct “Improper Pricing Behavior”. Chinese regulators imposed the maximum penalty of 1.5 million yuan ($235,257) on Alibaba-backed community group-buying platform Nice Tuan after the company failed to rectify product dumping and pricing fraud. CHINA IS BUILDING THE WORLD’S LARGEST WASTE-TO-ENERGYWASTE TO ENERGY PLANT LOCATIONSNEW WASTE TO ENERGY PLANTSWASTE TO ENERGY FACILITIES USAWASTE TO ENERGY FACILITY SPOKANEWASTE TO ENERGY PLANTSWASTE TOENERGY US
China is undertaking yet another ambitious development just outside Shenzhen in southern China. The facility that will become the world’s largest waste-to-energy plant, once operational, will be capable of processing 5,000 tonnes of waste each day. The plant will generate electricity for Shenzhen’s 20 million people, who producearound
HOT POT CHAIN HAIDILAO REVEALS 2019 FINANCIAL RESULTS SEE ALSO: Hot-Pot King Haidilao Pilots “Do Not Disturb” Service. In 2019, the popular hot pot restaurant chain achieved a total revenue of 26.6 billion yuan, up 56.5% year-on-year. Revenue from hot pot reached 25.6 billion yuan, accounting for 96.4% of the total revenue. Net profit increased 42.3% year-on-year to 2.35 billion yuan. ALIBABA VS. TENCENT: THE WAR SHAPING CHINA’S TECH INDUSTRYALIBABA TENCENT BAIDUCHINA ALIBABA TENCENT FINEDTENCENT CHINA NEWSTENCENT OR ALIBABATENCENT VS ALIBABAWHAT IS TENCENT Cloud Services: Tencent Cloud (T) vs AliCloud (A) China’s cloud computing market has massive potential, as the cloud services market in China are expected to reach just over $100 billion in 2020. In this domestic cloud market, Alibaba’s AliCloud is the clear and undisputed leader. In terms of market share, Alibaba Cloud leads theway with
PINDUODUO TO HOLD “SMART AGRICULTURE COMPETITION” Pinduoduo to hold “Smart Agriculture Competition”. China’s major e-commerce player Pinduoduo will hold an agricultural technology competition, aiming to help improve and develop China’s agriculture industry. SEE AlSO: Pinduoduo Posts Revenue Growth in Q1, Shows Support for Small Merchants During COVID-19. Contestants from aroundthe
BAIDU LAUNCHES AI HOME THEATER SYSTEM AND XIAODU SMART Baidu Launches AI Home Theater System and Xiaodu Smart Display 1S Assistant. On Feb. 28, Baidu launched two new AI-based IoT smart devices for the Chinese market– Xiaodu TV Mate and the Xiaodu Smart Display 1S. The former is an innovative 3-in-1 smart device with integrated functions of a home theater system, 4K high definitionset-top box
BILIBILI CELEBRATES CHINESE GEN Z’S ORIGINALITY IN ITS NEW Bilibili Celebrates Chinese Gen Z’s Originality in its New Year’s Eve Concert. Amidst all New Year’s Eve countdown shows, Bilibili ’s New Year Concert has to be the most special. The pre-recorded show reached 82 million simultaneous viewers at its peak, with 45 million playbacks, 1.36 million bullet chats, and over 14,000 comments THE CHINESE “COPYCATS” OF BURNING MAN The Chinese “Copycats” of Burning Man. The Temple is being burned at Burning Man 2019. (Source: ONE Art Museum) Burning Man-style festivals or communities in Mainland China mainly include Dragon Burn, Gobi Heaven and Node Planet. Dragon Burn is Mainland China’s only official regional Burn. Although not officially affiliated withBurning
CHAIRMAN OF FUYAO GLASS TALKS ABOUT AMERICAN FACTORYSEE MORE ONPANDAILY.COM
AMAZON CHINA OFFICIALLY CLOSES BUSINESS WITH THIRD PARTYAMAZON CHINA WEBSITECHINA AMAZON SITECHINA AMAZON SITE Amazon China’s Prime Day was held on July 15 and 16, soon after the company closed its cooperation with third party vendors. This means Chinese consumers will no longer be able to buy third-party goods on Amazon. However, the company didn’t shut out China completely as its Amazon International Shopping platform, Amazon Global program BUBBLE TEA CHAIN NAYUKI OBTAINS GO-AHEAD FOR $500 MILLION Premium bubble tea chain Nayuki Holdings passed a hearing for its initial public offering on the Hong Kong Stock Exchange, becoming the first publicly-listed Chinese high-end beverage brand. MOLE'S WORLD MOBILE GAME TOPS CHINA'S APP STORE, APPEALING The newly released mobile game Mole's World has topped the free download chart on the App Store in China for a week since its release on June 1, beating Honor of Kings and Peacekeeper Elite. GREAT WALL MOTORS TO ESTABLISH TANK AS AN INDEPENDENT OFF Great Wall Motors to Establish TANK as an Independent Off-Road Vehicle Brand. China’s biggest SUV and pick-up manufacturer Great Wall Motors announced on March 21 that it will launch its flagship off-road vehicle, the TANK series, as a stand-alone brand. The company will separate TANK from its premium brand WEY at the 19th Shanghai CHINESE FIRM DEVELOPS COPPER-INFUSED FACE MASK WITH SELF A manufacturer in China has developed the first non-woven antimicrobial face mask embedded with copper, and said the product has been scientifically proven to BAIC MOTOR TO ADOPT HUAWEI'S HARMONYOS IN NEW SUV MODEL BAIC Motor officially announced on Thursday that it would adopt the in-house Harmony operating system recently launched by Huawei in the Arcfox Alpha S Huawei HI model and a new petrol SUV, both of which will be unveiled later this year. EP. 75: CHINA E-COMMERCE SAAS: YOUZAN, WEIMOB & WECHAT In episode 75 of Tech Buzz China, co-hosts Rui Ma and Ying Lu talk about China ecommerce SaaS (software as a service), which currently primarily refers to WeChat ecommerce as it takes place through mini programs. Listen to learn about major players Youzan and Weimob, the difference between public and private traffic, and what Alibaba’sand
DIDI OFFERS DETAILS OF ITS INCOME STRUCTURE TO END RUMORS Didi Offers Details of Its Income Structure to End Rumors about Excessive Commission. Chinese ride-hailing giant Didi Chuxing offered details on the income it derives from ride-hailing services on its Wechat official account on Friday. The decision is an attempt to stem public doubts about excessive commissions and blurry rules on profit PINDUODUO’S CONSUMER-TO-MANUFACTURER MODEL HELPS BRANDS The next year, PDD worked with Sanhe to develop a multipurpose pot for the domestic market with the same craftsmanship and quality as its export models, but at a lower price of 99 yuan ($14) per piece. Sanhp’s Maifan non-stick stone pot retailing at 99 yuan on PDD (Source: Pinduoduo APP) HUAWEI EXPLAINS THE DIFFERENCE BETWEEN THE P AND MATE Huawei P20 Pro. Excellent design sense and photography is the “DNA” of the P series. According to He, this DNA distinguishes the P series from the Mate series. The target audience for P and Mate series are somewhat different. The Mate series focuses on pixels and processors, and tends to be ahead of other phones on having the latestprocessor.
TENCENT ROLLS OUT UPDATED ANTI-ADDICTION SYSTEM TO 21 MORE Tencent on Tuesday announced the rollout of its updated anti-addiction system to another 21 mobile titles, increasing the number of mobile games covered by the system to 33, according to a post on its official gaming WeChat account. SEE AlSO: Tencent EVERYTHING ABOUT CHINA'S INNOVATIONSkip to content
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VIRUS DECIMATES CHINESE NEV SALES, BUT THERE MIGHT BE LIGHT AHEAD CHINESE SWIMMER SUN YANG BANNED 8 YEARS FOR DOPING VIOLATION WHAT SELLS BEST ONLINE DURING THE CORONAVIRUS OUTBREAK?Editor’s Pick
VIRUS DECIMATES CHINESE NEV SALES, BUT THERE MIGHT BE LIGHT AHEAD As the COVID-19 outbreak shows few signs of ebbing, the impact of the epidemic is becoming evident in pretty much all industries. China’s new energy vehicle (NEV) sector is no exception. CHINESE SWIMMER SUN YANG BANNED 8 YEARS FOR DOPING VIOLATION WHAT SELLS BEST ONLINE DURING THE CORONAVIRUS OUTBREAK?The Latest
RENTAL PLATFORM BEIKE COMPLETES $1.5B D+ ROUND LED BY SOFTBANK Greg Grigorian Postedon Mar 5Mar 5
On Mar.4, China’s leading online long-term apartment rental companies Beike officially confirmed that it had completed a D+ roundof financing.
RENTAL PLATFORM BEIKE COMPLETES $1.5B D+ ROUND LED BY SOFTBANK On Mar.4, China’s leading online long-term apartment rental companies Beike officially confirmed that it had completed a D+ roundof financing.
Categories: Industry Greg Grigorian Posted on Mar 5Mar 5 OYO TO LAY OFF 5000 EMPLOYEES WORLDWIDE, MAJORITY IN CHINA Greg Grigorian Postedon Mar 5Mar 5
The Indian hotel chain OYO is in the process of laying off over 5,000 employees worldwide. China will take the hardest hit due to the impactof the COVID-19.
OYO TO LAY OFF 5000 EMPLOYEES WORLDWIDE, MAJORITY IN CHINA The Indian hotel chain OYO is in the process of laying off over 5,000 employees worldwide. China will take the hardest hit due to the impactof the COVID-19.
Categories: Industry Greg Grigorian Posted on Mar 5Mar 5 US SENATOR HAWLEY AIMS TO BAN TIKTOK FROM GOVERNMENT DEVICES AJ Cortese Posted onMar 5Mar 5
Sen. Josh Hawley (R-MO) announced that he will introduce legislation to ban TikTok from the devices of federal employees, to ensure government institutions’ data privacy. US SENATOR HAWLEY AIMS TO BAN TIKTOK FROM GOVERNMENT DEVICES Sen. Josh Hawley (R-MO) announced that he will introduce legislation to ban TikTok from the devices of federal employees, to ensure government institutions’ data privacy. Categories: Industry AJ Cortese Posted on Mar 5Mar 5 OPPO TO RELEASE ITS FIRST SMARTWATCH ALONGSIDE NEW SMARTPHONE FIND X2 Caiwei Chen Posted on Mar4Mar 4
Alongside with the much anticipated flagship, Oppo announced the launch of its first smartwatch, Oppo Watch. OPPO TO RELEASE ITS FIRST SMARTWATCH ALONGSIDE NEW SMARTPHONE FIND X2 Alongside with the much anticipated flagship, Oppo announced the launch of its first smartwatch, Oppo Watch. Categories: Smartphones Caiwei Chen Posted on Mar 4Mar 4 MEITUAN BICYCLE’S BIG DATA SHOWS RECOVERY FROM COVID-19 STAGNANCY Caiwei Chen Posted on Mar4Mar 4
According to Meituan Bicycle’s big data, the number of cycling trips nationwide increased by about 86% on weekdays last week compared withtwo weeks ago.
MEITUAN BICYCLE’S BIG DATA SHOWS RECOVERY FROM COVID-19 STAGNANCY According to Meituan Bicycle’s big data, the number of cycling trips nationwide increased by about 86% on weekdays last week compared withtwo weeks ago.
Categories: Industry Caiwei Chen Posted on Mar 4Mar 4 FOUR US LAW FIRMS ANNOUNCED INVESTIGATIONS AGAINST DOUYU Caiwei Chen Posted on Mar4Mar 4
Within the past week, four US shareholder rights litigation firms announced an investigation into claims against Chinese livestreamingplatform Douyu.
FOUR US LAW FIRMS ANNOUNCED INVESTIGATIONS AGAINST DOUYU Within the past week, four US shareholder rights litigation firms announced an investigation into claims against Chinese livestreamingplatform Douyu.
Categories: Industry Caiwei Chen Posted on Mar 4Mar 4 VIRUS DECIMATES CHINESE NEV SALES, BUT THERE MIGHT BE LIGHT AHEAD Greg Grigorian Postedon Mar 4Mar 4
As the COVID-19 outbreak shows few signs of ebbing, the impact of the epidemic is becoming evident in pretty much all industries. China’s new energy vehicle (NEV) sector is no exception. VIRUS DECIMATES CHINESE NEV SALES, BUT THERE MIGHT BE LIGHT AHEAD As the COVID-19 outbreak shows few signs of ebbing, the impact of the epidemic is becoming evident in pretty much all industries. China’s new energy vehicle (NEV) sector is no exception. Categories: Industry Greg Grigorian Posted on Mar 4Mar 4 XIAOMI’S 5G GAMING FLAGSHIP BLACK SHARK 3 DEBUTS WITH REAL SHOULDERTRIGGERS
Caiwei Chen Posted on Mar4Mar 4
Xiaomi’s gaming tech subsidiary Black Shark just launched its first 5G gaming flagship Black Shark 3 and Black Shark 3 Pro on March 3. XIAOMI’S 5G GAMING FLAGSHIP BLACK SHARK 3 DEBUTS WITH REAL SHOULDERTRIGGERS
Xiaomi’s gaming tech subsidiary Black Shark just launched its first 5G gaming flagship Black Shark 3 and Black Shark 3 Pro on March 3. Categories: Smartphones Caiwei Chen Posted on Mar 4Mar 4 SMARTISAN FOUNDER LUO YONGHAO RUMORED TO JOIN XIAOMI Caiwei Chen Posted on Mar3Mar 4
The Xiaomi-backed gaming technology company Black Shark is getting closer to the release its first 5G gaming phone, the Black Shark 3. SMARTISAN FOUNDER LUO YONGHAO RUMORED TO JOIN XIAOMI The Xiaomi-backed gaming technology company Black Shark is getting closer to the release its first 5G gaming phone, the Black Shark 3. Categories: Smartphones Caiwei Chen Posted on Mar 3Mar 4 TESLA UNDER FIRE FOR AUTOPILOT CHIP DOWNGRADE ON MADE-IN-CHINA MODEL 3 Caiwei Chen Posted on Mar3Mar 4
Recently, an owner of Tesla’s upgraded Model 3 reported on Weibo that the hardware code of their car controller was inconsistent with the number on the documents of the vehicle. TESLA UNDER FIRE FOR AUTOPILOT CHIP DOWNGRADE ON MADE-IN-CHINA MODEL 3 Recently, an owner of Tesla’s upgraded Model 3 reported on Weibo that the hardware code of their car controller was inconsistent with the number on the documents of the vehicle. Categories: Industry Caiwei Chen Posted on Mar 3Mar 4 INTEL AND LENOVO PARTNER WITH BGI GENOMICS ON COVID-19 ANALYSIS AJ Cortese Posted onMar 3Mar 3
Researchers from BGI Genomics will have access to advanced computing technologies to investigate the genomic characteristics of COVID-19. INTEL AND LENOVO PARTNER WITH BGI GENOMICS ON COVID-19 ANALYSIS Researchers from BGI Genomics will have access to advanced computing technologies to investigate the genomic characteristics of COVID-19. Categories: Industry AJ Cortese Posted on Mar 3Mar 3 JD POSTS STRONG Q4 AND OPTIMISTIC ON OUTLOOK AJ Cortese Posted onMar 3Mar 3
Bejing-based e-commerce giant JD.com surpassed the high end of their guidance range posting quarterly revenue of 170.7 billion yuan. JD POSTS STRONG Q4 AND OPTIMISTIC ON OUTLOOK Bejing-based e-commerce giant JD.com surpassed the high end of their guidance range posting quarterly revenue of 170.7 billion yuan. Categories: Industry AJ Cortese Posted on Mar 3Mar 3 HUAWEI MOBILE SERVICES GET AN UPDATE, ADD INTERACTIVE SEARCH FUNCTION Greg Grigorian Postedon Mar 2Mar 2
Huawei launched HMS Core 4.0, the latest version of their in-house mobile services ecosystem. HUAWEI MOBILE SERVICES GET AN UPDATE, ADD INTERACTIVE SEARCH FUNCTION Huawei launched HMS Core 4.0, the latest version of their in-house mobile services ecosystem. Categories: Smartphones Greg Grigorian Posted onMar 2Mar 2
CHINESE SWIMMER SUN YANG BANNED 8 YEARS FOR DOPING VIOLATION Chauncey Jung Posted onMar 2Mar 2
Three-time Olympic gold medalist swimmer Sun Yang will be banned from the sport for eight years. CHINESE SWIMMER SUN YANG BANNED 8 YEARS FOR DOPING VIOLATION Three-time Olympic gold medalist swimmer Sun Yang will be banned from the sport for eight years. Categories: Sports Chauncey Jung Posted on Mar 2Mar 2 CHINESE COMPANIES AMONG BEST PERFORMERS IN CALIFORNIA DMV’S AUTONOMOUS VEHICLE DISENGAGEMENT REPORTS FOR 2019 Greg Grigorian Postedon Mar 2Mar 2
On February 29, the California Department of Motor Vehicles issued a series of “2019 Autonomous Driving Disengagement Reports.” CHINESE COMPANIES AMONG BEST PERFORMERS IN CALIFORNIA DMV’S AUTONOMOUS VEHICLE DISENGAGEMENT REPORTS FOR 2019 On February 29, the California Department of Motor Vehicles issued a series of “2019 Autonomous Driving Disengagement Reports.” Categories: Industry Greg Grigorian Posted on Mar 2Mar 2POSTS NAVIGATION
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