Pandaily Digest | Feb 27, 2023
Editor's note: Tencent has set up a project team named “HunyuanAide” for developing ChatGPT-like conversational products. At present, the team has at least 7 team leaders and 7 sponsors.
Tencent Sets up New Team for Developing ChatGPT-like Products
Tencent has set up a project team named “HunyuanAide” for developing ChatGPT-like conversational products. At present, the team has at least 7 team leaders and 7 sponsors, according to a report by 36Kr. Link
Headlines from China
VR Device Manufacturer Pimax Secures C1 Round of Financing Worth $28M
Pimax, a well-known VR hardware manufacturer in China, recently completed a C1 round of financing valued at 200 million yuan ($28 million). Link
Didi Issues Incentives for Drivers after Resuming New User Registration
Didi, a Chinese ride-hailing giant which recently resumed the registration of new users, launched an incentive program for drivers operating within Beijing’s Fifth Ring Road. Link
Taobao Live Promotes Agriculture Products Sales through Public-Welfare Livestreaming
Taobao Live starts this year’s public-welfare livestreaming this week to help sell agriculture products from China’s rural areas. The livestreaming attracted over 16 leading livestreamers including the top influencer Li Jiaqi. Link
China Renaissance Founder Bao Fan Cooperates with Government Probe
Missing Chinese investment banker Bao Fan is cooperating with a government investigation, his firm China Renaissance attested to in a filing on February 26. Link
BYD Cut Prices for the First Time This Year to Compete with Tesla
Chinese electric vehicle maker BYD lowered the prices of its models for the first time this year in order to stabilize its existing market share and achieve higher sales targets. Link
Meituan, ByteDance, and Baidu Launch AIGC Products
TikTok parent company ByteDance, food delivery giant Meituan have recently launched their own AI-generated content (AIGC) products, Tech Planet reported on February 27. Link
Former JD.com Technology Head Seeks Talent for Chinese Version of ChatGPT
On February 26, Zhou Bowen, former chairman of the JD.com’s technical committee and founder of Xianyuan Technology, published a post to recruit R&D and algorithm scientists. Link
Xiaomi Wireless AR Glass Discovery Edition Unveils at MWC 2023
Xiaomi, a leading consumer electronics and smart manufacturing company in China, announced on February 27 its new Wireless AR Glass Discovery Edition at the Mobile World Congress 2023 (MWC 2023). Link
Meituan Senior Vice President Chen Liang Resigns
Chen Liang, senior vice president of Meituan and member of the S-team, the highest decision-making body, has recently resigned from his position. Chen has gradually faded out of the daily operation and management of the Chinese food delivery giant, and no longer participates in any specific operations. Link
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