Pandaily Digest | Jun 26, 2023
Editor's note:Wang Huiwen, the co-founder of Meituan, China’s leading e-commerce platform for services, has stepped down from the company’s board of directors due to health reasons.
Meituan Co-founder and AI Startup Founder Wang Huiwen Steps Down Due to Health Issues
Wang Huiwen, the co-founder of Meituan, China’s leading e-commerce platform for services, has stepped down from the company’s board of directors due to health reasons, effective from June 26, 2023.Link
Headlines from China
JD Logistics Announces Leadership Change: Hu Wei to Replace Yu Rui as CEO
JD Logistics announced that CEO Yu Rui is stepping down from his role as executive director, CEO, and authorized representative due to personal health reasons. The former CEO of JD.com‘s product development division, Hu Wei, will take over as the new CEO of JD Logistics.Link
Ele.me Partners with Research Institute to Introduce Indicator System for Food Sustainability
On June 20th, Ele.me, Alibaba Group’s on-demand food delivery platform, and the Agriculture Information Institute (AII) of the Chinese Academy of Agricultural Sciences (CAAS) collaborated to release food delivery industry’s first sustainable food indicator system, as well as report on carbon reduction for small package food delivery.Link
Tencent Applies for New Barcode of Switch Controller with Chinese Version Color Scheme
On June 24th, Tencent applied for new barcodes for the Chinese version of the Switch Joy-Con controllers in new colors including light purple/green and light pink/yellow.Link
News You Shouldn’t Miss
Daniel Zhang May Focus on Cloud and Step Down as CEO of Alibaba
The governance structure of Alibaba Group is gradually becoming clearer after the 1+6+N restructuring plan. It is speculated that Daniel Zhang, the highest-ranking executive, may shift his focus to the development of Alibaba Cloud and step down as Chairman and CEO of the group.Link
Electric Vehicle Company BYTON Files for Bankruptcy
On June 18th, it was reported that two related companies of BYTON, an electric vehicle brand, have filed for bankruptcy.Link
Baidu Launches Commercial Fully Driverless Ride-Hailing Service in Shenzhen
Chinese tech giant Baidu, has obtained licensing for commercial operation of its fully driverless ride-hailing service in Shenzhen.Link
Microsoft Research Asia Refutes Rumors of Relocating from China to Canada
Microsoft Research Asia (MSRA), Microsoft’s only research institution in China, has denied rumors that it plans to leave China and move to Vancouver, Canada.Link
EU Member States Divided Over European Commission’s Labeling of Huawei and ZTE as High-Risk Vendors
In the afternoon of June 15, the European Commissioner for Internal Market, Thierry Breton, declared Huawei and ZTE as high-risk vendors during a press conference. Breton recommended that EU Member States avoid using 5G equipment from these companies.Link
Jack Ma Has Recently Been Teaching at A University in Tokyo
On June 15th local time, J. Michael Evans, the President of Alibaba Group, a giant e-commerce company, stated that Alibaba Group is focused on establishing local businesses and online platforms outside of China and will prioritize development in Europe.Link
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