Pandaily's Digest #20210118
Trump’s Cold War with China’s Huawei Halts Intel’s Supply to the Telecom Giant, Bilibili Presents China’s First Virtual Idol Musical Film, and China VC Weekly.
Trump’s Cold War with China’s Huawei Halts Intel’s Supply to the Telecom Giant
On Jan. 17, the Trump administration apprised several Huawei suppliers to stop selling to the Chinese company, including chipmaker Intel. The Trump administration revoked these suppliers’ licenses to sell to the Chinese company and planned to reject applications to supply the Chinese telecommunication firm, according to Reuters’ sources familiar with the matter.
Bilibili Presents China’s First Virtual Idol Musical Film
On Jan. 16, China’s leading video streaming platform Bilibili partnered with Shanghai Media Tech to present China’s first virtual idol musical film Vox Ultima (创世之音), meaning the voice from the new world.
90% of Surveyed Airbnb China Hosts Willing to Host in 2021: Report
On Jan. 18, vacation rental online marketplace company Airbnb’s China branch held an online press conference to launch the “Airbnb China Host Community Report 2020” and announce the winners of the Bélo Awards 2020.
ByteDance’s Douyin Releases 2020 White Paper on Travel Vloggers
ByteDance backed Douyin, the Chinese version of TikTok, recently released a white paper on the travel vlogger industry in 2020 along with People’s Cultural Tourism and Trend Insight. Among all the travel-related content posted on Douyin last year, natural scenery videos accounted for 58%, while cultural landscape related content accounted for 42%.
China VC Weekly: E-sports, Autonomous Driving and More
Last week’s biggest VC fundraising announcements included the 180 million yuan investment raised by Bilibili E-sports, WeRide’s $310 million Series C, VISEN Pharmaceuticals’ $150 million Series B, and the latest $46 million round raised by robot-maker Jaka.