Pandaily's Digest #20220831
A Heated discussion has arisen online in China recently regarding the mass cancellation of job offers issued by Southeast Asian e-commerce giant Shopee.
Cross Border E-Commerce Giant Shopee Cancels Many Offer Contracts
A heated discussion has arisen online in China recently regarding the mass cancellation of job offers issued by Southeast Asian e-commerce giant Shopee. The broken offers mainly include positions set up by the firm in Singapore, as reported by Jiemian News on August 29.
NIO President: Chinese Smart EVs Have Iteration Time of Three Years
At the Chengdu Motor Show held on August 26, NIO, a leading Chinese new energy automobile company, unveiled its full range of products, including the ET5, ES7, ET7 and 2022 ES8, ES6 and EC6 equipped with the Alder Digital System.
Haidilao to Reopen Stores Closed for Cost Reductions
Haidilao, a popular Chinese hot pot restaurant chain, on August 30 released its financial report for the first half of this year. The company is considering the possibility of resuming operations at some stores that had been closed under last year's cost reduction plan.
Alibaba Cloud Launches World’s Largest Intelligent Computing Center
On August 30, Alibaba Cloud announced the official launch of its Zhangbei Super Intelligent Computing Center, with a total construction scale of 12 EFLOPS AI computing power, which will surpass Google's 9 EFLOPS and Tesla's 1.8 EFLOPS.
Former Huawei Software Vice President Joins Li Auto
Li Auto has recruited a new head for its forward-looking technology R&D business – Xie Yan, the former vice president of Huawei’s Consumer BG Software Department and the head of its Terminal OS Department – 36Kr reported on August 30.
BYD’s H1 Net Profits Exceed Full Year of 2021
Shenzhen-based automotive firm BYD released a financial report on August 29, showing that its revenue in the first half of this year reached 150.607 billion yuan ($21.8 billion), a year-on-year increase of 65.71%.
FTX Founder Denies Acquisition of Crypto Exchange Huobi
News emerged on August 29 that crypto exchange FTX has officially acquired its competitor Huobi and will change its name to HTX. However, this rumor was denied by FTX’s founder and CEO Sam Bankman-Fried.
TCL Placed on File by CSRC for Illegal Acquisition of Homa Group
Home appliance maker Homa Group announced on August 29 that TCL, the company's controlling shareholder, received a notice of being put on record by a Chinese regulator, suspected of violating securities laws in the acquisition process of the company.
Changan Automobile Unveils CD701 Concept Car
On August 29, Chinese automaker Changan Automobile released its new brand Zhuge Intelligence and unveiled the brand’s first vehicle model, the concept car CD701.
CATL Founder: Battery Swapping to Allow Purchases of Just Car Body
Robin Zeng, the founder and chairman of Chinese battery giant CATL, delivered a speech on August 28 at the 2022 World New Energy Vehicle Conference, mainly expressing his ideas on the development of battery technology and carbon reduction of power batteries.