Pandaily's Digest #20210305
Baidu receives approval for secondary listing in Hong Kong Stock Exchange, Forbes China publishes its 2021 Top 100 Businesswomen List, Realme launches flagship GT 5G, and more.
Cautious Optimism in Beijing as Authorities Set 2021 Growth Target of ‘Over Six Percent’
The Chinese government on Friday announced that it intends to achieve a GDP growth rate above six percent in 2021, as the annual plenary meetings known as the ‘Two Sessions’ commence in Beijing.
Baidu Obtains Green Light for Secondary Listing in Hong Kong
Chinese Internet search giant and artificial intelligence company Baidu has received approval to launch a secondary listing on the Hong Kong Stock Exchange, according to people with knowledge on the matter.
China’s Top 100 Businesswomen of 2021: Wang Laichun, Founder of Electronics Supplier Luxshare, Takes Top Spot
Forbes China published its 2021 Top 100 Businesswomen List last Monday in anticipation of International Women’s Day on March 8.
Realme Launches $430 Flagship GT 5G with Snapdragon 888 Chipset
Chinese smartphone maker Realme on Thursday released its flagship Realme GT 5G, a premium phone powered by a Qualcomm Snapdragon 888 processor and featuring special gaming optimization modes.
China Esports Weekly: Former League of Legends Player Uzi Joins Elephant Goose Media, Tencent Announces $260K Teamfight Tactics Competition
As the traditional Chinese New Year celebration comes to an end, this week, the Chinese esports industry witnessed several partnerships and key developments in leagues and tournaments.
Luxury Brands Go Digital in China: What Are the Major E-Commerce Trends in 2021?
With international travel inhibited across the world, luxury brands are seeking new ways to recover from stress on the global economic system caused by the pandemic.
TikTok Owner ByteDance Invests $25M in Self-Driving Startup QCraft: Report
Chinese tech giant ByteDance, owner of TikTok and its Chinese counterpart Douyin, has reportedly invested in autonomous driving startup QCraft Inc.
Five Chinese Group-Buying Platforms Fined 6.5M Yuan ($1M) for Improper Pricing
China’s market regulator has imposed fines totaling 6.5 million yuan ($1 million) on five community group-buying platforms affiliated with leading domestic internet companies, on allegations of price dumping and cheating.
China’s Ed Tech Unicorn Zuoyebang Named in MIT Technology Review’s 2021 Top 10 Breakthrough List
China’s leading online after-school education company Zuoyebang was listed among the MIT Technology Review’s 10 Breakthrough Technologies (TR10) in the “Remote Everything” segment on Feb. 26.
Perfect Diary’s Parent Yatsen to Acquire Eve Lom in Pursuit of A Multi-brand Strategy
Perfect Diary’s parent company Yatsen Group unveiled plans to buy Eve Lom, a UK prestige skincare brand, kicking off a strategic shift for the Chinese beauty unicorn.
Gearing up for a Big Leap, China Prepares to Launch Central Module of the Tiangong Space Station
China Manned Space Engineering Office announced that the construction of Tiangong space station has entered a new phase and it is ready to launch its central module.