Pandaily's Digest #20201118
Exclusive Interview with the Team behind realme, 2020Q3 Financial Results of NIO, Baidu, and Beike, and OPPO INNO DAY 2020 Kicks Off.
Huawei to Sell Out Its Honor Phone Business Amid US Sanctions
Huawei announced Tuesday it is selling its budget brand Honor to ensure its survival. Huawei will no longer have ownership of the brand or be involved in any decision-making after the sale is completed.
Shares of Danke Apartment Surge 75% Despite Bankruptcy Rumor
The shares of Danke Apartment, one of China’s biggest rental platforms, surged by more than 75% on Tuesday night, Beijing time, closing at $2.40, mainly due to the rumor that another leading rental specialist 5i5j will purchase Danke.
Made for the Young, by the Young: Exclusive Interview with the Team behind realme, the World’s Fastest-growing Phone Maker
It’s a common phenomenon in many Southeast Asian countries: Young people snatch up the latest smartphone models online — but rarely are they satisfied with what comes in the mail.
NIO Inc. Reports Unaudited Third Quarter 2020 Financial Results
NIO Inc., a Chinese smart electric vehicle (EV) manufacturer, showed strong growth in its unaudited financial results for the third quarter ended Sept. 30.
OPPO Unveils Full-Path Color Management System
OPPO announced Wednesday the official release of its Full-Path Color Management System, which will premiere as part of its 2021 new flagship Find X3 series while also standing out as the first Android color management system to support the full DCI-P3 wide gamut and 10-bit color depth from capture, storage, and display.
Beike Announces Third Quarter 2020 Unaudited Financial Results
Beike (KE Holdings Inc.), a housing transactions and services platform in China, announced its unaudited financial results for the third quarter ended Sept. 30, showing robust financial and operational growth in the third quarter.
OPPO Showcases Three Concept Products at INNO DAY 2020
Leading Chinese smartphone company OPPO on Tuesday kicked off its annual technology convention OPPO INNO DAY themed “Leap into the Future” in Shenzhen, debuting three concept products, including OPPO X 2021 rollable concept handset, OPPO AR Glass 2021 and OPPO CybeReal AR application.
Didi Chuxing Rolls Out World’s First Custom-Built EV for Ride-Hailing
Leading mobile transportation provider Didi Chuxing unveiled its new model D1 on Nov. 17, the world’s first electric vehicle custom-built for ride-hailing. Co-developed with Chinese automobile manufacturer BYD Company Limited (BYD), the D1 will start rolling out to Didi’s leasing partners in major Chinese cities in the coming months.
Baidu Releases Quarterly Financial Report, Set to Buy JOYY’s Livestreaming Operations in China
On Nov. 17, Baidu released its financial results for the third quarter of 2020, ending on Sept. 30. The report showcases positive revenue growth, and the company has already announced it will acquire JOYY’s Chinese livestreaming business for $3.6 billion.
Huawei Could Integrate its Consumer Business Group and Smart Car Solutions Business Unit
Huawei is rumored to be reorganizing and consolidating its consumer business group and intelligent automobile solutions business unit under the leadership of Chengdong Yu, CEO of the Huawei consumer business group. The reason for the consolidation could be the overlap between the two departments.
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