Pandaily's Digest #20201216
Community Group Buying Model Surges in China, Huya and DouYu Merger Under Review for Anti-Monopoly Concerns, and China Builds 718,000 5G Base Stations, Aims to Roll Out 6G by 2029.
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Why is the Community Group Buying Model Surging in China?
People in China shop online for nearly everything. However, the elderly are usually left out due to the rapid growth of technology. To expand the market size, China saw new opportunities in the community group buying segment.
Bike-sharing App Mobike Ends Operations as Meituan Takes Full Control
Chinese bike-sharing app Mobike ceased operations Monday night following a full integration into its parent company, Meituan Dianping.
Xiaomi Mi 11 Revealed, Rumored Release on Dec. 29
According to previous tips, the Xiaomi Mi 11 series flagship is likely to be officially released at the end of December and will go on sale in early January.
Huya and DouYu Merger Under Review for Anti-Monopoly Concerns
On Dec. 14, the Anti-monopoly Bureau of the State Administration for Market Regulation stated that the Huya and DouYu merger case is currently under investigation due to anti-trust concerns.
Chinese Search Engine Baidu in Talks to Jointly Make Electric Cars with Automakers
China’s search engine giant Baidu is in talks with automakers about the possibility of making its own electric vehicles, three people with knowledge of the matter said, according to a Reuters report.
China Builds 718,000 5G Base Stations, Aims to Roll Out 6G by 2029
China has built a total of 718,000 5G base stations throughout the country this year, most of them in large and medium-sized cities, the government announced.
Top-Tier Livestreamer Yonghao Luo Admits to Selling Counterfeit Cardigans, Blames Suppliers
On Dec. 15, famous Chinese Internet celebrity and Smartisan founder Yonghao Luo admitted in his Sina Weibo post that the cardigans sold in his livestreaming channel were fake.
Huawei nova 8 Series, Enjoy 20 SE Specs Tipped
As Huawei’s launch day, Dec. 23, approaches, specifications about its new smartphones, Huawei nova 8 series including nova 8 and nova 8 Pro, and Huawei Enjoy 20 SE are tipped by smartphone bloggers.
JD Partners with NVIDIA to Build World’s First Smart City with Smart Deliveries
On Dec. 15, GPU inventor NVIDIA announced at its GPU Technology Conference (GTC) that it will work with Chinese retail giant JD.com to build the first smart city with the world’s first level-4 smart delivery vehicle application.
Episode 79: Perfect Diary (Yatsen Group): Cosmetics Ecommerce Superstar and China’s L’Oreal for the Digital Age?
In Episode 79 of Tech Buzz China, Rui and Ying talk about a company that aspires to be “China’s L’Oréal” for the digital age: Yatsen Group, owner of smash hit cosmetics app Perfect Diary (完美日记) among other brands.
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