Pandaily’s Digest #20220209
As China emerges from the weeklong Lunar New Year break, local VC institutions have announced several prominent new deals.
China VC Weekly: Social Networking for the Elderly, Unmanned Retail Services and More
As China emerges from the weeklong Lunar New Year break, local VC institutions have announced several prominent new deals. Among those: social networking platform for the elderly Hongsong raised a $100 million Series A+ round, while Feng E Zu Shi, a company specializing in unmanned retail, bagged $47 million. Read more below.
China’s Eileen Gu Scores Olympic Gold in Freeski Big Air Finals
Chinese-American skiing phenom Eileen Gu picked up the first Olympic medal of her promising young career on Tuesday morning after narrowly finishing in the top spot at the women’s freeski big air finals, adding another notch to Team China’s list of wins at this year’s Winter Games in Beijing.
Alipay to Dedicate One Billion Yuan for Chinese Women’s Football
On Wednesday, Alipay released a document entitled “Work Summary of Supporting Women’s Football in China,” which introduced the firm’s investments and achievements in supporting women’s football in recent years.
Tencent Denies Rumors It Marked Disgruntled Employee as “Never Hire”
On Wednesday, in response to online rumors that a “newly graduated Tencent employee who expressed his dissatisfaction with management quit his job and was marked as ‘never to be hired by Tencent‘,” an insider told iFeng Technology that the allegations are seriously inaccurate, and that the employee had left the company on his own following an incident.
BYD’s First K6 Pure Electric Bus in Mauritius Enters Operation
Shenzhen-based automaker BYD announced Tuesday that it has recently delivered its first K6 pure electric bus to the largest state-owned public transport operator in Port Louis, Mauritius. This is also the first pure electric bus of any brand operated by the country’s National Transport Corporation.
Xiaomi Intends to Become China’s Leading Smartphone Maker in Three Years
Lei Jun, Chairman and CEO of Chinese tech giant Xiaomi, issued a post to his official Weibo account on Tuesday regarding the firm’s first important meeting since the end of the country’s annual Spring Festival holiday.
Douyin Partners up with Apple’s Siri to Make Voice Search on Douyin Easier
TikTok’s sister app Douyin announced on Tuesday that it has entered a partnership with Apple’s Siri which would allow iPhone users to activate Douyin’s search function through Siri’s voice command. The function has been made available to Douyin users on iPhones.
Meituan Sees Average Daily Orders Using Digital RMB Increase During Spring Festival
During the 2022 Spring Festival holiday, citizens in 12 locations piloting the new digital RMB were able to experience for the first time the convenience and ease of use the new form of currency offers. As of Monday, within the seven days of the Spring Festival holiday, the daily average number of digital RMB transactions on Meituan increased by 56.4% from the week before the festival, while the average daily digital RMB transaction amount on Meituan increased by 68.54% compared with the week before.
Redmi to Launch K50 Series
On Monday, William Lu, Xiaomi Partner and General Manager of Redmi, said on Weibo that “the Redmi K40 has entered the delisting stage in anticipation of the launch of the K50 series.”
An On-the-Ground Look Inside CES 2022
This year’s Consumer Electronics Show held in person in Las Vegas, Nevada has represented an important comeback for perhaps the most influential convention in the global tech industry.