Pandaily's Digest #20220110
China's digital yuan to be used at the Winter Olympics, Tencent to acquire gaming phone maker Black Shark, Riot Games unveils 2022 Wild Rift e-sports roadmap, OnePlus China's new President, and more.
Beijing to Use Winter Olympics as Global Launchpad for Digital Yuan
China’s digital yuan is set to undergo a closely watched pilot run at this year’s Winter Olympics.
Bluepha Secures Round-B Financing of 1.5 Billion Yuan
Chinese synthetic biology firm Bluepha announced today that it has completed a B3 round of financing, bringing total round-B funds to 1.5 billion yuan ($235 million).
Tencent to Acquire Gaming Smartphone Manufacturer Black Shark, Advancing Metaverse Plans
Tencent is reportedly planning to acquire Black Shark, a gaming smartphone company. After the acquisition, Black Shark will be merged into PCG of Tencent Group led by Ren Yuxin.
Zvision Bags Hundreds of Millions of Yuan in Pre-C Financing Led by XPeng
Zvision, a provider of vehicle-level MEMS (Micro-Electro-Mechanical Systems) lidar solutions, announced on Monday its completion of several hundred million yuan in a Pre-C round of financing, led by XPeng Motors.
100,000th Vehicle of Hozon Auto Rolls Off Production Line
On January 8, Chinese carmaker Hozon Auto ushered in its 100,000th mass production electric vehicle (EV). According to firm officials, it took only 42 months for the company to produce the first to the 100,000th EV.
Vehicle Autopilot Technology Developer Smarter Eye Bags $47 Million in Round-B Financing
Smarter Eye, an automated driving product research and technology company, announced on Saturday that it had completed a round B of financing totaling nearly 300 million yuan ($47.07 million).
NIO and Zhejiang Commercial Group to Jointly Build Power Exchange Station
Chinese EV firm NIO Inc. announced on January 7 the signing of a strategic cooperation agreement with Zhejiang Commercial Group Co., Ltd.
Riot Games Unveils Wild Rift E-Sports Roadmap for 2022
Riot Games announced on January 7 the first official global competition entitled "Wild Rift Icons Global Championship," set to take place this summer in Europe.
OnePlus Appoints New President of China Region
On Monday, Pete Lau, founder of OnePlus and Chief Product Officer of OPPO, announced via his Weibo account that Louis Li will become President of OnePlus China.
J&T Express Launches Express Network in the UAE and Saudi Arabia
J&T Express, an international express logistics company, announced the launch of its express network in the United Arab Emirates (UAE) and Saudi Arabia on Friday.