Pandaily's Digest #20210430
Baidu Apollo to launch driverless RoboTaxis in Beijing, China sends the core module of its first permanent space station into orbit, Huawei reports 16.5% drop in revenue amid US sanctions, and more.
Baidu Apollo to Launch Fully Driverless Robotaxi in Beijing Starting May 2
Baidu will open its fully driverless Apollo Go Robotaxi service to the public in Beijing’s Shougang Park starting from May 2, marking a further step in the firm’s commercialization of autonomous driving.
China Imposes Stricter Oversight on Tencent and ByteDance’s Finance Arms as Crackdown on Big Tech Continues
Beijing summoned 13 internet companies engaged in finance business on Thursday, including Tencent and ByteDance, ordering them to comply with tougher regulations.
China Esports Weekly: JD.com and Momchilovtsi Join Mid-Season Invitational as Chinese Partner, Funspark Teams Up With Elisa Esports For New CS:GO Tournament
Last week, China’s esports industry saw several significant partnerships and sponsorships.
Nio Beats Revenue Estimates, Expects Q2 Deliveries Growth Despite Chip Shortage Challenge
Chinese electric vehicle (EV) maker Nio Inc. posted better than expected first quarter results, despite being forced to halt production in late March due to the global semiconductor shortage.
UNDP Launches an Innovation-Focused Lab, Aiming to Achieve Sustainable Development Goals
The United Nations Development Program announced on Wednesday it has officially opened a Sustainable Development Goals Innovation Lab in Chengdu.
Huawei Reports 16.5% Drop in Revenue with Smartphone Business Hit Hard by US Sanctions
Chinese telecom giant Huawei announced on Wednesday that its revenue fell 16.5% year-on-year to 152.2 billion yuan ($23.38 billion) in the first quarter of 2021, as US sanctions continued to cause damage to the company’s business.
China Launches the Core Module of Its First Permanent Space Station into Orbit
China sent the Tianhe core module of its space station into orbit, kicking off a series of missions aimed at completing the construction of the station by the end of next year.
Taobao Live Reforms its Influencer Charging System and Opens Goods Pool to Livestreamers
Xuan De, vice president of Alibaba and head of Taobao Live, announced that all livestreamers will have access to at least 100 million products from Tmall, and the charging model for influencer marketing would be reformed.