Pandaily's Digest 20211210
The development of eSports in China exemplifies how different stakeholders interact, compete and cooperate with each other to facilitate the rise of an industry plagued by public controversy.
The Story of Chinese E-Sports: Industry, Policy, and Social Stigma
For this article, Pandaily interviewed gamers, eSports fans, scholars, as well as those who work within the industry to explore how eSports, with a socially constructed stigma since its inception, has grown into the huge industry it is today. The development of eSports in China also makes a case of the ways in which different stakeholders from government agencies, corporate enterprises to individual players and fans interact, compete and cooperate with each other to facilitate the rise of an industry plagued by public controversy. By examining the history of Chinese eSports and the dynamics among various interest groups, our analysis invites readers to reconsider the use of the oversimplified term “authoritarian/communist China” to approach the Chinese case of digital economy and its governance.
Xiaomi Invests in Smartphone Camera Component Developer, Shareholders Include Huawei Hubble
On Friday, the commercial inquiry platform Tianyancha showed that Liaoning Zhonglan Electronic Technology Co., Ltd. (ZET), a leading Chinese leading enterprise in the field of core components of mobile phones, recently made a registration change with the country’s Industrial and Commercial Administration, adding Hubei Xiaomi Changjiang Industrial Investment Fund Management Co., Ltd. Partnership as a new shareholder, and its registered capital increased to about 116 million yuan ($18.2 million).
First Cloud Native Satellite in the Sky: Huawei Brand Verified in Space for First Time
On Friday, Huawei announced that the satellite carrying the computing load of “Sky Computing Constellation” was successfully launched on December 7. It is the first satellite with the Cloud Native edge computing capability. At present, the satellite is running stably in orbit. Also, it is the first time that Huawei Cloud Native has been verified in space.
106 Apps Removed for Infringing on User Rights and Interests, Including Douban and Changba
According to the announcement from the Ministry of Industry and Information Technology (MIIT) on Thursday, based on the Personal Information Protection Law, Cyber Security Law and other requirements, a total of 106 apps, including Douban, Changba, Alihuishou and Knews, have been put on a list of apps to be removed.
BYD to Launch Pure EV in Brazil, With First Tang EV in 2022
On Wednesday, Chinese electric vehicle (EV) maker BYD issued a document announcing that its Brazil branch recently held a “BYD VIP DAY” event in Sao Paulo, during which the company displayed its Tang EV model. This model is scheduled to be released in Brazil in 2022, and is BYD’s first pure electric 7-seat SUV available in the country, which suggests BYD is set up to play a prominent role in its pure electric passenger car market.
Ten Months After Listing Failure, Royole Faces Delayed Salary Crisis
Chinese flexible display maker Royole has delayed paying salaries to employees for months after the money-losing company ditched its initial public offering (IPO) plan in Shanghai’s Nasdaq-like STAR Market in February.
On Wednesday, a web user who claimed to be “Royole HR” left a message to the secretary of Longgang District Party Committee of Shenzhen, saying that the firm had been in arrears with his salary for three months, and some grassroots employees such as security guards and cleaning staff had even been in arrears for half a year.
Alibaba Responds to Establishment of “Yuanjing Shengsheng”: Future Business Related to Metaverse
According to enterprise information inquiry platform Qichacha, Chinese e-commerce giant Alibaba set up a wholly-owned subsidiary called “Yuanjing Shengsheng” on Monday. On Wednesday, insiders of the company revealed to Chinastarmarket’s reporters that the firm’s future business is related to Metaverse.
Hozon Auto to Launch HK IPO in 2022
Liujiu Finance reported on Wednesday that it had learned from investors that Chinese electric vehicle startup Hozon Auto may launch its IPO on the Hong Kong Exchange stock in the third and fourth quarters of 2022.
Evergrande Auto: Work Hard for 180 days, Yangzhou Battery Factory to Start Production in May Next Year
Evergrande Newenergy Technology Group’s strategic partner conference was held at its Yangzhou battery factory on Tuesday. At the meeting, Liu Yongzhuo, President of Evergrande Auto and Chairman of Evergrande Newenergy Technology, said that Evergrande Auto, as an independent listed company, is overcoming the side effects and emerging out of the most difficult times step by step.
China NFT Weekly: New Forays Into the Metaverse
This week: Blibili tests ‘UPowerchain’ to develop the metaverse, Huobi picks Singapore as its Asia base, Binance CEO is now the richest Chinese person in the world, and more.