Pandaily's Digest | Jan 30, 2024
Editor's note: Pony Ma reviewed the development of various businesses under Tencent in the past year and proposed plans for the future at the annual meeting.
Tencent CEO Pony Ma’s Annual Conference Speech Exposed
On January 29th, Pony Ma, the CEO of Tencent, reviewed the development of various businesses under Tencent in the past year and proposed plans for the future at the annual meeting. Link
Headlines from China
Baichuan AI Releases Large-scale Model Baichuan 3 with Parameters Exceeding One Trillion
Baichuan AI released the large language model Baichuan 3, which boasts parameters exceeding one trillion. In multiple evaluations, it claims to have surpassed GPT-4 in Chinese tasks. Link
Pinduoduo Launches “FuYao Plan” to Motivate Livestreamers for Spring Festival Sales
Pinduoduo launches the "FuYao Plan" for live streaming, aiming to enhance live streaming operations and boost transaction volume during the Spring Festival. Link
Huawei May Release A New Foldable Pocket Phone in February, Codenamed LEM
A Huawei distributor has revealed that Huawei is preparing to launch a new flip-style foldable screen smartphone in February, codenamed LEM. Link
News You Shouldn’t Miss
CATL and Didi Establish A Joint Venture for Battery Swapping
Didi and CATL established a joint venture for battery swapping. They plan to enter the ride-hailing scene and provide battery swapping services for new energy vehicles. Link
Blizzard China Prioritizes Restoring Operation of Blizzard Games in China
Blizzard China responds to layoffs: it is part of a global personnel adjustment, and restoring the operation of Blizzard games in China is currently one of the main priorities. Link
Tencent Spends 6.4 Billion Yuan to Acquire Land in Beijing
On January 23rd, Tencent acquired commercial and R&D land in Haidian District, Beijing for a total of 6.42 billion yuan, which will be used for centralized office space. Link
Leapmotor’s Founder Resigned
Wu Baojun, the co-founder and president of Chinese EV manufacturer Leapmotor, has resigned. Leapmotor will no longer have a president position. Link
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