Pandaily's Digest #20210402
ByteDance said to consider IPO for Douyin in Hong Kong or New York, Energy Monster debuts on Nasdaq as "EM", Realme unveils gaming smartphone GT Neo with Dimensity 1200 chipset, and more.
ByteDance Said to Consider IPO for Douyin in Hong Kong or New York, Increasing Its Valuation to Nearly $400 Billion
TikTok owner ByteDance is planning to launch an offshore public listing for short video app Douyin, the Chinese version of TikTok, which could value the company at roughly $400 billion in the private market.
China Esports Weekly: VSPN Acquires Livestreaming Talent Agency Famulei, Exxon Mobil Brand Sponsors League of Legends Pro League
Last week, China’s esports industry saw several significant partnerships and sponsorships.
Chinese Provider of Mobile Charging Devices Energy Monster Debuts on Nasdaq as “EM”
Energy Monster, China’s largest provider of mobile charging devices, on Thursday officially listed on Nasdaq under the symbol “EM,” becoming the first Chinese shareable charging devices brand to participate in public trading.
Evergrande EV Aims to Enter Mass Production Stage in 2022
China Evergrande says that the company plans to begin mass production of its fully electric vehicles as early as 2022.
Nio, Xpeng Score Record Deliveries in Q1
Chinese electric vehicle makers Nio and Xpeng both reported record deliveries during the first quarter of 2021, despite seasonal industry-wide slowdown in car sales and ongoing complications due to a global chip shortage.
Suning Empowers Small and Micro Business Owners with Pioneering Retail Cloud Stores
Suning Retail Cloud announced on March 30 that it achieved its goal of opening 600 retail cloud stores in the first three months of 2021.
Realme Unveils GT Neo Gaming Phone with Dimensity 1200 Chipset
Chinese smartphone maker Realme on Wednesday launched a new gaming phone - GT Neo, the world’s first Dimensity 1200-powered smartphone.
Self-driving Truck Technology Firm Plus Raises $220 Million in New Funding
Chinese truck autonomous driving company Plus, formerly Plus.ai, has raised $220 million in a new round of financing led by FountainVest Partners and ClearVue Partners, the company announced on Wednesday.