Pandaily's Digest | Feb 1, 2024
Editor's note: American toy company Hasbro is seeking to sell its well-known IP "Dungeons & Dragons", and Tencent is one of the potential buyers.
Hasbro Seeks to Sell IP “DND” and Has Had Preliminary Contact with Tencent
American toy company Hasbro is seeking to sell its well-known IP “Dungeons & Dragons”, and Tencent is one of the potential buyers. At present, the negotiations are still in the early stages and both parties have not yet reached an agreement on the details of the transaction. Link
Headlines from China
China’s Tsinghua University Made Breakthrough in Brain-Computer Interface Research
The Chinese research team from Tsinghua Uni reported progress in their clinical trial of a wireless minimally invasive brain-computer interface, known as NEO. Link
TikTok Officially Takes Majority Stake in Local Tech Giant Tokopedia
Indonesian tech giant GoTo announced today that TikTok has officially completed the transaction announced in December last year, spending $840 million to acquire 75.01% of the shares in GoTo's e-commerce subsidiary, Tokopedia. Link
Many Businesses Join Alibaba.com Station Semi-Hosted Model
Alibaba.com revealed the latest data since the launch of its first cross-border B2B semi-hosted platform. Many merchants signed up on-site to settle down during the investment promotion conferences. Link
Universal Music to Cease Licensing Music to TikTok and Publicly Accuses the Platform; TikTok Responds
In its announcement, Universal Music accused TikTok of "trying to build a music-based business without paying a reasonable price for the music." Link
News You Shouldn’t Miss
Xiaomi’s Debut Vehicle, SU7, Gears Up for Mass Production in February
"Xiaomi's debut vehicle, the SU7, is set to start mass production in mid-February, with initial estimates projecting production of 2,000 units in March and a ramp-up to over 10,000 units by July 2024." Link
XPeng’s NGP System Targets 569,000 km Coverage and Global Expansion by 2025
By 2024, XPeng plans to roll out a "full-range", "point-to-point" XNGP system in China, which will cover scenarios including small roads, interior roads, and parking lots. Link
ByteDance CEO Liang Rubo Expresses Concern about ByteDance Becoming Mediocre
Liang Rubo openly expressed his greatest sense of crisis is the concern that ByteDance is becoming mediocre and unable to achieve new breakthroughs. Link
Tencent and Alibaba Engage in Price War for Palworld
In 2024, Palworld made its debut, not only sparking extensive discussions among players but also directly triggering a new round of price competition between Tencent Cloud and Alibaba Cloud. Link
OnePlus Back to Germany Market
OPPO and OnePlus are resuming their activities after a global patent licensing agreement was announced last week. Link
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