Sitemap - 2021 - Pandaily’s Newsletter

Pandaily's Digest #20211231

XPeng Responds to Fine of $1,569 for “Overlord Clause”

Tesla Opens First Store in China’s Xinjiang

Former Didi Executives Convicted for Accepting Bribes

Evergrande Auto: First Mass-production Vehicle of Hengchi 5 Rolls Off Line

AI Startup SenseTime Officially Listed to HKEx: Rose 10% at Opening, Market Value Exceeded 140 Billion HKD

Didi Reveals $4.8 Billion Loss, Alibaba CEO Zhang Yong Resigns From Board

Douyin and TikTok Launch User-Paid “Reward” Function for Short Videos

China Mobile’s Subsidiary in Canada to Cease Operations on January 5, 2022

Xiaohongshu, Source of Lifestyle Inspiration for Chinese Youth, Is Walking Fine Line between Commercial Success and Sense of Community

Ant Group Shuts Mutual Aid Platform Xianghubao Amid Crackdown

Pandaily's Digest #20211229

New Oriental Education Officially Enters Live Commerce Industry

DJI’s Automobile Device Team Increases to Nearly 1,000

Market Regulators in Xi’an Summon E-commerce Platforms to Stabilize Commodity Prices During Local Bout of COVID-19 Cases

Alibaba’s DAMO Academy Releases Top Ten Technology Trends in 2022

China VC Weekly: AI, Gen Z and More

Short Video Platform Kuaishou and Food Delivery Platform Meituan Reach Agreement

Waymo and Zeekr to Collaborate on All-Electric, Fully Autonomous Ride-Hailing Vehicle

Beijing Releases “14th Five-Year Plan” for Development of Chinese Robotics Industry

SenseTime Raises Nearly $712 Million in HK IPO, to be Listed on December 30

Xiaomi Launches New 12 Series, Operating System and Smart Watch

Pandaily's Digest #20211227

Lei Jun: Xiaomi to Produce New Smartphones to Rival iPhone, Car Mass Production to Begin in 2024

Tencent Music Launches China’s First Virtual Music Festival TMELAND

ByteDance Founder Zhang Yiming Ranks First in Hurun Under 40s China Rich List 2021

Power Failure during Driving, BMW Recalls Some Domestic iX3s

Westlife Concert Livestream on WeChat Channels Drew 28 Million Viewers

Taikonauts on China’s Shenzhou-13 Complete Second Extravehicular Mission

NetEase and Sanya Municipal Government Reach Cooperation to Build Metaverse Industrial Base

Daimler and BYD Agree on Future Establishment of Joint Auto Venture DENZA

Chinese Q&A Online Content Platform Zhihu Denies Second IPO in Hong Kong

Flagchip Secures Financing, Xiaomi Joins In

Pandaily's Digest #20211224

Honor’s First Folding Screen Flagship Smartphone Magic V to Be Released

ByteDance’s Office Platform to Accelerate Overseas Commercialization

Tencent to Distribute JD.com Stake to Shareholders, Martin Lau Resigns as JD.com Director

TikTok Surpasses Google to Become World’s Most Visited Website in 2021

Huawei Launches AIOT M5, First SUV to Feature HarmonyOS Smart Cockpit

Starbucks to Add New Delivery Platforms: In Negotiation with SF Express, Meituan and Sam’s Club

A Platform Embattled: China’s Beloved, Contested Social Media Site Douban

India’s Income Tax Department Raids Local Offices of Chinese Companies Including Xiaomi, OPPO and OnePlus

Zhejiang Consumers Council Summons Major E-Commerce Livestreaming Platform Operators

Chinese Retailer Miniso Considering Second Listing in Hong Kong in 2022

Pandaily's Digest 20211222

Tencent Claims $126 Million From Douyin in Copyright Dispute Over Soul Land

Chinese E-Commerce Livestream Hosts Suspected of Tax Evasion, Authorities Say Amount is “Shocking”

A Glimpse Inside Xirang, Baidu’s Immersive Digital World

China VC Weekly: Chips, Trucks, New Dairy

BYD’s Yuan Plus Model to Launch in Singapore

Serious Vulnerability Leads to Suspension for Alibaba Cloud by Ministry of Industry and Information Technology of China

CATL Launched World’s Largest Single Project for Lithium Battery Production With Planned Capacity of 120GWhv

China’s Leading Chip Maker SMIC Obtains $3.15 Million Property in Shenzhen for 12-Inch Wafer Plant

Lei Jun: Xiaomi’s High-End Smartphone to Take On Apple

BYD Delivers 1,000 Tang EVs to Norway

Pandaily's Digest 20211220

Muddy Waters Research Company Shorts Chinese Real Estate Trading Platform KE Holdings

Following Regulation, Tencent’s Apps Begin to Resume Updating

Alibaba Resets: CEO Zhang Yong and His Four Executives

US Court Approves Luckin Coffee’s $460 Million Debt Restructuring

Xiaomi Founder Lei Jun’s Burden Reduces, International Business Department Reshuffles

NIO Unveils ET5, Delivery to Start Next September

SenseTime Relaunches IPO, Trading to Start December 30

JD.com Launches NFT Marketplace Lingxi

Employees and Assets of Baidu’s Intelligent Driving Group Transferred to New Companies

TikTok to Launch 300 Delivery-Only Digital Restaurants Across U.S.

Pandaily's Digest 20211217

Founder of Niu Technologies, Li Yinan, Reveals New Car Brand, New SUV to Be Launched in 2022

Gartner: Alibaba Cloud’s IaaS Infrastructure Capability Ranks First Globally, Surpassing Amazon and Google

Hello Inc. Announces Launch of Self-driving Car Service

First Pure Electric Vehicle Created by Toyota and BYD Unveiled, Equipped with Blade Battery

Trip.com Group Reports Q3 Revenue of $832.34 Million

Baidu Releases “Chaodao Plan” and Advocates Rebuilding Open Internet

Hesai Technology Partners With NVIDIA, Providing Lidar For NVIDIA DRIVE Platform

Xiaomi’s New Private Equity Fund Completes Filing, Lei Jun to Serve As Controller

2021 China Game Industry Report Launched: Market Revenue Reaches $47 billion, YoY Increase of 6.4%

Corporate Food Services Company Meican Secures E Round Series Financing Worth Over $157 Million

Pandaily's Digest 20211215

Baidu Releases “Wonder” App for Youth as an Information Service Platform

ByteDance Cancels Talent Development Center in Effort to Streamline HR Department

Beijing to Promote New Energy Vehicles, Accelerating Construction of Charging Piles and Power Stations

Huobi Initiates Removal of Tens of Millions of Chinese Users, Internal Structure Greatly Adjusted

LinkedIn Introduces InCareer, New App to Help Professionals in China Find Jobs

China VC Weekly: Biotech, Coffee, Supermarkets

Lifan Technology and Geely Auto Group Set Up Joint Venture Firm

AI Chip Company Intengine Technology Wins Tens of Millions of Dollars in Financing

China Mobile Gets Approval for Shanghai Listing, Largest Fundraising in A-Shares Market in Decade

BYD Semiconductor Independently Develops 1200V Power Device Driver Chip BF1181

Pandaily's Digest 20211213

Pork Dumplings and Beef Noodles, Sans Meat? Chinese Entrepreneurs Rise to the Challenge

Baidu’s Fourth Urban Intelligent Vehicle Base in China Opens in Wuzhen

McDonald’s Chinese Workers Complain About Frequent Promotions, Demand Better Treatment

Pony.ai Voluntarily Suspends Testing of Driverless Vehicles in California

Tencent to Increase Stakes in Finnish Game Developer Supercell to $11 Billion

T11 Food Market Receives $100 Million in Financing Led by Alibaba

Xiaomi’s Double-Line Car Manufacturing: Holding Company Smartmi Technology Preparing to Build Vehicles

Zhou Jianqun Succeeds Li Shufu as Chairman of Geely New Energy

Chinese Firm SenseTime Postpones Hong Kong IPO in Wake of US Blacklisting

Chinese E-Grocer Missfresh Bolsters Upstream Supply Chains Through Private Brands and Direct Sourcing

Pandaily's Digest 20211210

Evergrande Auto: Work Hard for 180 days, Yangzhou Battery Factory to Start Production in May Next Year

Xiaomi Invests in Smartphone Camera Component Developer, Shareholders Include Huawei Hubble

ByteDance Stops Operation of Social Product Feiliao, and Merges Duoshan into Douyin

First Cloud Native Satellite in the Sky: Huawei Brand Verified in Space for First Time

106 Apps Removed for Infringing on User Rights and Interests, Including Douban and Changba

BYD to Launch Pure EV in Brazil, With First Tang EV in 2022

China NFT Weekly: New Forays Into the Metaverse

Ten Months After Listing Failure, Royole Faces Delayed Salary Crisis

The Story of Chinese E-Sports: Industry, Policy and Social Stigma

Alibaba Responds to Establishment of “Yuanjing Shengsheng”: Future Business Related to Metaverse

Hozon Auto to Launch HK IPO in 2022

UNDP Hosts Conference on Developing China’s Hydrogen Energy Industry as the Country Strives to Achieve Ambitious Climate Goals

Pandaily's Digest #20211208

Tencent Games Launches New Brand Level Infinite

China’s Annual Parcels and Express Volume Exceeds 100 Billion, Average Daily Service Registers Nearly 700 Million

OPPO Announces Retractable Lens, to Launch First Self-Developed Chip on INNO Day

China Launches Five Satellites Aboard CERES-1 Y2 Commercial Rocket

Ford Confirms CATL and BYD As Battery Suppliers

China VC Weekly: 3D Printing, Cloud Gaming and Mandarin Learning

China’s 2021 Vehicle Output to Drop by 2.15 Million Due to Chip Shortage, Accounting for 19% of Global Reduction

PonyTron Completes China’s First Test of High-Level Autonomous Trucks on Open Highways

Kuaishou Rumored to Lay Off 30% of Employees in Near Future

NIO Subsidiary Fined $31,363 for Misleading Consumers

Pandaily's Digest #20211206

Huya Signs Streaming Deal with 2021 League of Legends World Championship Winner EDward Gaming

Didi Chuxing Delists from NYSE, Plans Hong Kong IPO

Is SHEIN’s Indie Designer Program an Ethical Alternative to Copying?

Alibaba Group Announces CFO Succession, Reshuffles E-Commerce Business

Huawei HarmonyOS to Enter European Market Next Year

Chinese Regulators Seek to Soothe Nervous Markets as Domestic Firms Delist in U.S.

Chinese Auto Parts Maker Tuopu Group Responds to Tesla Recall

NIO Launches Flexible Battery Upgrading Service

Xiaohongshu Suspected of Compromising Minors’ Privacy

Bilibili Tests “UPowerchain” to Start Metaverse Business

Pandaily's Digest #20211203

Bilibili Obtains Three-Year Exclusive Digital Media Copyrights for FA Cup

Tesla Recalls 21,599 Model Ys in China Due to Potential Risks in Suspension Rod

Alipay and 28 Banking Institutions Accept Each Other’s Offline Payment Code

ByteDance’s Real Estate Trading Platform Xingfuli Abolishes New House Salesmen

NetEase Cloud Music Officially Debuts on Hong Kong Stock Exchange

Douyin Tests First Independently Developed E-Commerce App “Douyin Box,” Positioned as Trendsetting Platform

Xiaomi Invests in VR Company Co-founded by Movie Director Zhang Yimou

Tencent Tests Social App ‘doX’ for Youths to Share Short Videos

Female Alibaba Employee Claiming Sexually Assault Is Sued by Former Company VP for Reputation Infringement

Tencent Issues Shares to 25,700 Employees With Average Per Capita Exceeding HK$80,000

Pandaily's Digest #20211201

Xiaomi Successfully Registers “XIAOMI PAY” Trademark

Huawei Wins Industrial Land for $30 Million to Manufacture Smart Car Parts

ByteDance Invests in Dubai-based iMile Delivery

China Releases Major Draft Standards for Vaping Industry, Market Concentration Likely

China VC Weekly: Agricultural Robots and Lightspeed’s Largest Fundraising in History

Youku Sues Kuaishou for Infringement, Compensated $72,193 in First Instance

Qualcomm’s New Snapdragon 8 Gen 1 to Power Xiaomi and OPPO Smartphones

Tesla’s Shanghai Gigafactory Achieves 90% Localization of Supply Chain, To Produce Half a Million Vehicles This Year

Meituan’s Smart Transportation Platform Split, Ride-Hailing Division Now Independent

Two ByteDance Employees Sentenced for Bribery and Promoting Certain Content on Douyin “Hot List”

Pandaily's Digest #20211129

Xiaomi and Huawei to Invest in NIO Battery Supplier Welion New Energy, Sources Say

Pinduoduo Posts Q3 Results, Signals Sustainable Growth as Spending Shifts from Marketing to R&D

Faraday Future Receives Delisting Warning from Nasdaq, Asked to Submit Compliance Plan within 60 Days

Xiaomi Announces New Round of Organizational Restructuring

Meituan Q3 Revenue Reaches $7.6 Billion; Annual Transacting Users Reaches 667.5 Million

Weibo Launches Global Offering of 11 Million Shares, No Higher Than $49.75 Per Share

Xiaomi Auto Signs Contract to Build Factory in Yizhuang, Beijing in Two Phases

Alibaba CEO Zhang Yong Decentralizes Power Within Firm

China’s Ministry of Finance Issues $6 Billion Advance Subsidy for New Energy Vehicles in 2022

China Amends Tobacco Monopoly Law to Include E-Cigarettes

Pandaily's Digest #20211126

Baidu Apollo Wins Approval for Commercialized Autonomous Car Service on Open Roads in Beijing

BYD Wins Major Electric Bus Order From Nobina Finland

TikTok and Sister App Douyin Exceed 3.3 Billion Downloads Worldwide, Generating Nearly 1000 Related Apps

New Oriental Education Subsidiary Opens Online Chinese Classes in the United States

Tesla Invests 1.2 Billion Yuan to Expand Production of Shanghai Plant by April 2022

OPPO Reno7 Series Now Official, Focusing on Video Shooting, Starting From $344

JD.com Shuts Down B2C Platform JOYBUY’s English and Russian Sites, To Carry Out Transformation and Upgrades of B2B

Phoenix-Wings, Subsidiary of SF Express, Receives Hundreds of Millions of Yuan in Round A Financing

Personal Payment Reception Codes on WeChat, Alipay to Be Limited From Business Operations

Former Sequoia China Executive Cao Xi Establishes Monolith Management With First Fund to Exceed $500 Million

Pandaily's Digest #20211124

Chinese Agricultural Drone Startup XAG to Debut in STAR Market

Tesla Model Y Performance Version with a Price Tag of $60,750 to Be Delivered Soon

Tianjin’s First Fully Automatic Subway Officially Completed

Xiaomi Q3 Revenue Reaches $12.22 Billion, a Year-on-year Increase of 8.2%

XPeng Reports 25,666 Vehicles Delivered in Q3

Gree Announces Implementation of Double-Break Working Schedule

Ep. 84: 2021 China Internet Report with SCMP CEO Gary Liu

New Generation BYD eBuses Delivered to Germany

NetEase Cloud Music’s Hong Kong IPO Set for December 2

In Conversation With Tang Binsen of Chinese Beverage Giant Genki Forest: A Mogul, a Pirate, a Product Manager

Pandaily's Digest #20211122

BYD Destroyer 05 Released With New Design, Equipped With DM-i Super Hybrid System

ByteDance Bets on Web Novel Business, Launching Mytopia Application Overseas

Pony.ai and ONTIME Reach Cooperation to Jointly Promote Commercialization of Robotaxis

Pakistan Lifts TikTok Ban for Fourth Time

NIO Announces Completion of At-The-Market Offering of American Depositary Shares

New Adjustment to Meituan’s Retail Business: General Manager of Kuailv Division Changed

Fallen Bike-Sharing Platform Ofo’s New Deposit Refund Measures Questioned by Chinese Netizens

Eastern China’s Qingdao Secures NIO Vehicles for Police Use, Faces Online Scrutiny

Bilibili Obtains Payment License and Acquires Original Comic Platform Youyaoqi

“I Think I Am Doing the Right Thing, but I Meet with Such Stiff Resistance”: The Team behind China’s Anti-Overwork Campaign

Pandaily's Digest #20211119

Hisense Plans to Acquire Siemens Intelligent Traffic Systems

Tencent Apologizes to Content Creators, Terminating Controversial “Dawn Project”

BYD Responds to Sudden Death of Employee: Firm is Actively Communicating with Family Members

Hillhouse Group and Chinese Local Government Set Up $783.5 Million VC Fund

WeRide Reaches Strategic Cooperation on Robotaxi Commercialization With Car Maker GAC Group and Mobility Platform ONTIME

Tesla Decides Not to Apply Starlink Internet Services in Chinese Mainland

CATL Defeated by Rival in Millennium Lithium Acquisition

Weibo Passes HKEx Listing Hearing, Revenue Increased by 30% YoY in Q3

Xiaomi’s Second Auto Company Officially Registered With Capital of 1 Billion Yuan

ByteDance Suffers Lackluster Growth of Advertising Business in China

Pandaily's Digest #20211117

Sources: Approval of Game Registration Numbers May Resume Soon, Necessary for Game Publishing

DJI Launches Agricultural Drones T40 and T20P

Dingdong Maicai Reports Q3 Revenue of $960.6 Million, a YoY Increase of 111%

Tesla Has 8,000 Super Charging Piles in Chinese Mainland, Covering 360 Cities

AutoX Now Operates China’s Largest Fully Driverless Robotaxi Service Area Covering 65 Square Miles of Shenzhen

Global Youths Showcase How to Harness AI for Sustainable Development During Tsinghua University and UNDP Event

NetEase Cloud Music Restarts IPO and Uploads New Data Set

Dolby Atmos Surround Sound to Come as Standard in All NIO ET7s

Huawei to Authorize Smartphone Design for Third-Party Brands to Bypass U.S. Sanctions, Sources Say

As Recruitment Declines, China’s Internet Giants Learn to Slow Down

Pandaily's Digest #20211115

Double Eleven Turnover: Tmall Bags 540 Billion Yuan, JD.com Takes 349 Billion Yuan

Chipmaker SMIC to Invest $3.655 Billion in Establishment of Joint Venture in Shanghai

Smartphone Maker Transsion Tecno Launches Spark 8 in India at Reasonable Price

Huawei’s Chief Functional Safety Expert Joins NIO

Beijing Stock Exchange Officially Launches With 81 Companies Participating in Trading

Evergrande Auto Sells e-Traction to British EV Maker Saietta

TAL to Terminate Training for Compulsory Education by End of Year

Tencent’s WeChat Pay Cooperates with Unionpay QuickPass and 10 Banks

China’s Leading Video Platforms Douyin and Tencent Discuss Openness

Baidu Launches Metaverse App “Xirang”

Pandaily's Digest #20211112

Chinese EV Startup Hozon Auto Considering $1 Billion Hong Kong IPO

China’s Leading Chipmaker SMIC Undergoes Executive Reshuffle, Q3 Sales Total $1.4 Billion

Xiaomi’s Total Omni-Channel Payment Amount Exceeded $2.34 Billion During First Two Hours of Double 11 Shopping Festival

China NFT Weekly: Metaverse, metaverse, metaverse

Tencent Acquires Japanese Game Studio for $44 Million

JD.com to Invest More Overseas and Further Evaluate European and Vietnamese Markets

Chinese Self-Driving Startup QCraft Enters Into Partnership With Nvidia, Aiming to Commercialize and Mass Produce Level 4 Robobuses and Robotaxis

Former Tencent Games Designer to Build Cars Equipped With Game Console Concept Steering Wheel, Unveiled at Next Week’s Auto Guangzhou

JD.com VP and JDX Department President Xiao Jun Leaves Firm

Alibaba Bets Big on Europe for Global Future of ‘Double 11’ Shopping Day

Pandaily's Digest #20211110

Evergrande Auto to Raise HK$500 Million for NEV R&D

Chinese Game Live Streaming Platform Huya Reports Net Revenue of $461.8 Million and MAU of 85.1 Million

EV Company Faraday Future Denies Rumors of China Headquarters in Hubei

Hello Inc. Secures $289 Million of Financing, Alibaba Becomes Its Shareholder

Tencent Music Entertainment Group Announces Cooperation with Apple Music, Unveils Q3 Financial Report

Chinese Battery Maker CATL and NETA Auto Reach Strategic Cooperation

Didi Tests Food Delivery Business in Chinese Market Again

China VC Weekly: Autonomous Driving, Soft Drinks and HR

China Passenger Car Association: Tesla Sold 54,391 EVs in October

Xiaohongshu Secures Financing Worth $500 Million, Valuation Reaches $20 Billion

Pandaily's Digest #20211108

BOE Obtains AR/VR Contact Lenses Patent Authorization

Meituan Unveils Algorithm Rules for Food Delivery Order Allocation

As Zhang Yiming Leaves ByteDance’s Global Board, Liang Rubo and Eight Core Executives Step Forward

Chinese Team EDG Wins League of Legends S11 Championship

Shenzhou-13 Crew Conducts First Extravehicular Activities, Wang Yaping Becomes First Female Chinese Astronaut to Spacewalk

Xiaomi’s Omnichannel Payment Amount During Double 11 Shopping Festival Exceeds $1.56 Billion

Evergrande Group Sells Holdings in HengTen Networks for $92 Million, Tencent Becomes Largest Shareholder

Battery Giant CATL Invests in Avatar Technology, Becoming Second-Largest Shareholder

Alibaba DAMO Academy Creates World’s Largest AI Pre-Training Model, With Parameters Far Exceeding Google and Microsoft

Huawei Advances Sale of x86 Server Business

Pandaily's Digest #20211105

Huawei Builds World’s First Outdoor F5G OptiX SuperSite

Jeffrey Yang Leaves Xiaomi, Joins China Athletics as CSO

Xiaomi Officially Launches Future-Oriented “Loop Liquidcool Technology,” Mass Production Planned for H2 2022

Xpeng Motors Reforms Sales Method, Targeting Monthly Delivery Goal of 15,000 Vehicles

Xiaomi to Open 30,000 Offline Stores in 2-3 Years, Preparing to Sell Vehicles

Tesla China Halts 0% Minimum Downpayment Program Due to Surge in Orders

As Zeekr Completes First Batch of Deliveries, Protection of Car Owners’ Rights Continues

Amid Rumors Tencent Will Implement “965” Workweek, Many Employees Haven’t Been Notified or Prefer Flexible Schedule

Former Huawei Autonomous Driving Head Joins Geely’s Zeekr

Equity of Ziqi Culture Held by Influencer Li Ziqi’s Partner Company, Weinian, Gets Frozen

Pandaily's Digest #20211103

Baidu and Geely’s Joint Venture Jidu Automobile Tests SIMU Cars

Yahoo to Stop Providing Products and Services for the Chinese Mainland from November 1

Chi Xu – Mapping a New Reality

China VC Weekly: Ride-Hailing, Snacks and More

Xpeng, Li Auto and NIO Announce October Sales – Xpeng Tops Charts

Regulators Require 39 Companies Including Tencent and Alibaba to Establish Lists of Collected and Shared Personal Information

Chinese Publisher Wins $1.87 Million of Damages in Copyright Lawsuit Against Apple

China’s Ganfeng Lithium Inks 3-Year Battery-Grade Lithium Products Supply Contract with Tesla

Self-Driving Car Company Nuro Bags $600 Million in D Round Financing, Led By Tiger Global Management

ByteDance’s Toutiao, Watermelon Video to Be Merged Into Douyin, Zhou Shouzi Steps Down as CFO to Focus on TikTok

Pandaily's Digest #20211101

Huawei Reports Sales Revenue of 455.8 Billion RMB and Net Profit Margin of 10.2% for First Three Quarters of 2021

350 Unmanned Vehicles of Alibaba’s Cainiao to Be Stationed in 200 Universities During Double 11 Shopping Festival

Apollo Moon: Some Facts and Thoughts About Baidu’s Latest Self-Driving Cars

Tencent to Invest in Japanese Publishing Company Kadokawa to Strengthen Cooperation in Animation and Gaming Intellectual Property

Colored Contact Lenses Brand Moody Completes C Round of Financing of Over $156 Million

Xiaomi Auto’s Senior Engineer Rumored to Receive Annual Salary of $93,693 with $156,155 in Share Options

Gree Fined $91.2 Million for Selling Defective Dehumidifiers in U.S., Saying Problem Occurred Eight Years Ago

Turnover From Xiaomi, Honor, OPPO and Huawei Products Exceeds 300% YoY in First Ten Minutes of JD.com’s Double Eleven Shopping Festival

Tesla Model 3 to Launch Heated Steering Wheel Function in China

Due to NIO’s Production Line Upgrading, Delivery of Some EVs Scheduled for October Gets Postponed

Pandaily's Digest #20211029

China’s World of Online Professional Networking Amid LinkedIn’s Retreat

Tesla Orders 45GWh in Batteries From CATL, Expects Sales to Double Next Year

Vivo Ranks First in China’s Smartphone Q3 Market Share, Honor Shows Fastest Growth

Official of Spin-off of Tencent’s Honor of Kings Apologizes for Plagiarism

Share Holdings of Founding and Managing Partner of Sequoia Capital China in Meituan Fall to 5.29%

ByteDance Engineer Acknowledges New Open Source Project Contained Code From Alibaba’s Ant Design, Issues Apology

Influencer Li Ziqi Sues Weinian, ByteDance Withdraws Stake in Firm

Meituan Sets Up Special Team for Retail-Related Business

Wingtech Technology May Replace Taiwanese Manufacturers in Exclusive Assembly Order of Apple’s New MacBook

Ericsson Plans to Restructure Business in China After Revenue Plummeted 74%

Pandaily's Digest #20211027

Luckin Coffee Reaches Preliminary Agreement Worth $175 Million for Class Action Settlement

China VC Weekly: Flying Cars and More

Ride-Sharing Platform T3 Travel Completes $1.2 Billion A Round of Financing

Chinese Self-Driving Startup QCraft Launches Country’s First 5G-Based Ride-Share Driverless Bus, Blurring the Line between Robobuses and Robotaxis

Power Crunch Poses Challenges to China’s Economic Recovery as Winter Approaches

Chinese Students From Beijing and Shanghai Sue Apple for Not Providing Chargers

New Oriental’s Koolearn to Stop Off-Campus Training Business for Compulsory Education

Tesla Sets Up R&D Innovation Center and Data Center in Shanghai

Huawei Mate 50 Series Has Reportedly Made Major Breakthrough in Supply

Tiger Brokers Receives Approval to Acquire Licensed Hong Kong Brokerage Firm

Pandaily's Digest #20211025

Tencent Explains WeChat’s Unexpected Exposure to Foreign Search Engines: Loophole of Web Crawling Account Protocols

AntChain Releases First Self-developed Blockchain Security Chip, the T1

China’s High-Speed Rail and the Global Push for Green Transit

Baidu CEO Robin Li Said Both Baidu and Tesla Are Adopting A Step-By-Step Engineering Approach to Autonomous Driving

BYD Rumored to Supply Tesla With Lithium-Iron-Phosphate Batteries

Xpeng Motors Starts R&D for City NGP, Plans to Mass-Produce Flying Cars in 2024

Shanghai Commercial Property Won by Xiaomi Is for New Local Headquarter

WM Motor Launches M7 Equipped with Three Lidar Detectors

One Month After Returning to China, Huawei CFO Meng Wanzhou is Back at Work

Hema Fresh Reportedly Joins Carrefour in Reporting Sam’s Club, Saying Suppliers Have Long Faced Pressure

Pandaily's Digest #20211022

JD Logistics Releases 5G Automated Warehouse to Realize Automatic Management and Operation of Entire Logistics Process

Xiaomi Secures Shanghai Commercial Property for 1.55 Billion Yuan, Speculated as Site of Auto Business R&D Center

Tesla Releases Q3 Financial Report, Plans to Further Expand Capacity of Shanghai Gigafactory

Tencent Receives $170,416 in Compensation from Lawsuit Regarding Trading Wechat Accounts

Alibaba Cloud Releases Operating System ‘Anolis’ for the First Time, Plans to Invest Over $300 Million in OS

Huawei Denies Joint Venture with Automobile Firm Volkswagen

Yuanfudao Announces Entry Into Business Education Market, Launches New Brand “Feixiang Planet”

XPeng P5, the World’s First Production Lidar Car, Rolls off Assembly Line

Fresh Graduates of ByteDance’s Game Platform Laid off

Huawei, SMIC Suppliers Receive Licenses Worth Billions of Dollars for Exporting U.S. Goods

Pandaily's Digest #20211020

CAICT: Shipment of Mobile Phones in Chinese Market Reaches 21.44 Million Units in September

OPPO to Develop Smartphone Chips Using TSMC’s 3nm Process

Baidu Apollo and WM Motor Launch Two New Cars, Achieving Mass Production of Assisted Navigation Model

Omdia: China, US and South Korea Rank Top Three in Global E-Sports Market

Douyin and Kuaishou Fined $31,110 for Promoting Overconsumption

Evergrande Considering Sale of Swedish EV Unit

Geely’s Smartphone Factory to be Situated in Wuhan, R&D Center in Shanghai

Following Amazon and Huawei, Alibaba Releases Self-Developed 5nm ARM Server Chip “Yitian 710”

Xiaomi CEO Lei Jun: Vehicles to Begin Mass Production in First Half of 2024

TikTok Rival Kuaishou Reported to Integrate Overseas Business: Kwai to be Only International Version

Pandaily's Digest #20211018

Kuaishou and NBA Reach Multi-Year Strategic Cooperation Partnership, to Explore New Model for Monetizing Content Recreation

Li Auto Initiates Production at Beijing Plant with Annual Capacity of 100,000 EVs

Chinese Delivery Platform Meituan Waimai Ranks First for Food and Drink Category in Daily iOS and Google Play Downloads Worldwide

MagAssist Secures Nearly $78 Million in C Round Financing

Chinese Social Media Platform Xiaohongshu Apologizes for Users’ Over-Modification of Scenic Spot Photos

TikTok’s Mainland Counterpart Douyin Tests Photo Feature, Aiming to Create In-App Version of Xiaohongshu?

Xiaomi Appoints Li Xiaoshuang as Vice President of Xiaomi Auto

After D1 Financing Round, WM Motor Prefers Overseas Listing

Ministry of Industry and Information Technology Removes 96 Apps Infringing on User Rights and Interests

Pony.ai to Start Driverless Tests on Public Roads in Beijing

Pandaily's Digest #20211015

OnePlus 9RT Goes Official with Snapdragon 888 Chipset, Starting from $513

China’s Shenzhou-13 Spaceflight Mission to Launch on October 16, Wang Yaping to Become China’s First Female Astronaut to Carry Out Extravehicular Activities

SMIC and Beijing’s Quest for Semiconductor Self-Reliance

NIO Responds to Claims that Car Navigation Interface Displays Advertisements

Cryptocurrency Exchange OKEx to Withdraw from Chinese Mainland Market

Banned WeChat Page for League of Legends Mobile Game to Fixed by Officials

Four Post-95s College Students Produce Document of Chinese Companies’ Working Schedules

Questioned About Information Security Risks, Futu, Tiger Brokers’ Shares Fall

LinkedIn’s Official Weibo Denies Shutting Down China Platform

Douyin Denies Takeaway-Related Business Plans

Pandaily's Digest #20211013

Model 3 Owner Ordered to Pay Tesla Over $7K for Falsely Claiming Brake Failure

iOS 15’s New Privacy Feature Reveals Some Chinese Applications May Have Collected Excessive User Information

China VC Weekly: Chip Packaging, EVs and Bone Grafting

Niu Technologies Sells Nearly 400,000 E-Scooters in China, Overseas Sales Fall by 11.2%

CATL to Invest $4.9B in New Battery Upstream Material Project

U.S.-Listed OneSmart Education to Terminate Operations Starting Today

Tesla Delivers Over 50,000 Vehicles and Over 30,000 Model Ys in China in September

Bitmain Halts Shipment of Antminers to Chinese Consumers

Baidu Executive: The Death Rate of Traffic Accidents to be Reduced by 90% In Era of Autonomous Driving

Stay Patient, Stay Diverse: A Mobile Game’s Road to Industry Legend

Pandaily's Digest #20211011

Baidu’s $3.6 Billion Bid for YY Live Could Fail

WeChat Responds to Netizens Opposed to Apps’ Background Access of User Photo Albums

HKEX IPO Prospectus for Real Estate Trading Platform Anjuke is “Invalid”

Evergrande Punishes Six Executives Involved in Early Redemption of Company’s Investment Products

Over 20 Virtual Currency Companies Withdraw from Chinese Market Following Strict Regulations

ByteDance Affiliate Invests in Property Brokerage

Huawei to Launch Nova Product Series Overseas on October 21

Meituan Responds to Netizens’ Criticism That Accounts Are Easily Stolen

Huawei Sets Up Four More Internal “Corps,” Following “Coal Mine Corps” Earlier This Year

Wang Changhu, Head of Vision Technology and Former Director of AI Lab at ByteDance, Leaves Post

China Strengthens Supervision and Interconnection of Payment Environment

Northern China’s Shanxi Province Hit by Severe Floods, Tencent, Baidu, Alibaba and Others Jump In to Help

PC Maker Lenovo Group Issues Response to Withdrawal of STAR Market IPO

Pandaily's Digest #20211008

Sources Say iPhone 13 Models Have Increased in Price as Suppliers Suffer Power Shortages and Production Stoppages

Chinese Companies Sue Amazon Over Bans for Paid Reviews

Field Test Pictures of Xpeng Motors’ Aerocars Exposed While Range of Flying Vehicles Unveiled at Airshow China

US Launches $1.9 Billion Project to Replace Domestic Huawei and ZTE Equipment

WeChat Pay and UnionPay Mobile QuickPass Promote Payment Cooperation

China’s Mainstream Video Platforms Cancel Option to Fast Track Episodes

China’s Community Group-Buying Players Are Facing a Reshuffle, Signaling the End of the Fast-Growth, Cash-Burning Bubble Blown by the Country’s Big Tech

CST Group Disposes of 32.18 Million Evergrande Auto Shares

Short-Selling Agency Releases 28-Page Report Questioning FF’s Carmaking

Meituan Receives $533.8 Million Fine for Monopolistic Behavior in Online Food Delivery Service Market

Pandaily's Digest #20210929

Huawei CEO Ren Zhengfei Wants to Expand International Recruitment

Changing the Tide: Chinese Startups in the Plant-Based Meat Revolution

Evergrande to Raise $1.5 Billion by Selling Bank Stake to State-Owned Asset Management Firm

Ericsson Predicts 3.5 Billion 5G Subscribers, 60% Worldwide Population Coverage by 2026

ByteDance’s Ocean Engine Search Service Sees 500 Million Daily Page Views

Tesla Issues Comment on Its Suing Model S Owner for Infringing Reputation

China VC Weekly: Autonomous Driving, AR and Gaming

Chen Rui: More Than 1 Million Videos Featuring Traditional Chinese Style Posted on Bilibili With Over 1 Million Viewers

Alibaba Adopts WeChat Pay Service on Its Applications

TikTok Claims Worldwide Monthly Active Users Now Exceed 1 Billion

Pandaily's Digest #20210927

Huawei CFO Meng Wanzhou Released After Deals with U.S. Justice Department

Ant Group Releases Self-Developed Morse Privacy All-in-One Computing Machine

Evergrande Auto Makes Late Night Announcement on Delays in Paying Suppliers and Projects

Tesla to Increase Investment and R&D in China

Tesla’s Shanghai Factory Expects to Produce 300,000 Vehicles Next Year

China Rolls Out Automated Driving Standards to Be Implemented from March 2022

Huawei and BAIC Seal Cooperation on Co-Brand’s R&D

Honor Notebook’s Market Share in China Increases from 1.4% to 6.6%

Geely-Backed Ride Hailing Firm Caocao Mobility Negotiating New Round of Financing, Plans for IPO Within Five Years

Bitcoin Trading Platform Huobi Global to Cease Registration of New China-Based Users

Tesla Sues Model S Owner for Infringing Reputation, Claiming 5.05 Million Yuan

Power Crunch Causes Key Suppliers of Apple and Tesla to Stop Production in Eastern China’s Jiangsu Province

Pandaily's Digest #20210924

ByteDance to Debut Independent Export E-Commerce App

Honor CEO Zhao Ming: Domestic Market Share Has Risen to 16.2%

Xiaomi Responds to Lithuania’s Claim that Its Mobile Phones Have Built-In Censorship Capabilities

China Evergrande Group Holds Special Late Night Meeting, Chairman Xu Jiayin Emphasizes Need to Fulfill Corporate Responsibilities

Huawei Executive Lu Hongju: Next Year Key for Construction of Level 3 Conditional Driving Automation Standard System

Ride-hailing Platform T3 Travel About to Complete Financing Round Worth 5 Billion Yuan

Huawei Unveils Nova 9 Series Mobile Phone

Trip.com Group Reports Net Revenue of 5.9 Billion Yuan in Q2, an 86% YoY Increase

Chinese Gaming Organization and 213 Gaming Firms Including Tencent and NetEase Launch Convention Against Game Addiction

Sogou Announces Completion of Transaction to Go Private

Pandaily's Digest #20210922

Chinese Robotics Warehouse Startup HAI ROBOTICS Bags $200M Funding

Alipay’s Consumer Loan Service Provider Huabei to Access Credit Information System

FF Announces Progress with Geely, Company to Open Flagship Stores in Beijing, Shanghai, Guangzhou and Shenzhen

ByteDance Launches Short Video App for Children’s Education

Chinese Version of TikTok Limits Use of Service by Children Under 14 to 40 Minutes Per Day

Chinese eVTOL Firm Autoflight Completes A Round of Financing Worth $100 Million

Martin Parr on the Smartphone Camera’s Transformation of Photography

Amazon Shutters 3,000 Chinese E-Commerce Businesses for Violations

Tesla Sentenced to Refund Model S Owner for Fraud

Tencent’s WeChat App Now Allows Access to Rivals’ Links

Pandaily's Digest #20210917

Shenzhou 12 Return Capsule Lands Safely with Astronauts in Good Condition

First Tooling Trial Prototypes of Nio ET7 Roll Off Production Line, Deliveries to Begin Q1 2022

ByteDance to Launch Music App Feile Later This Year

Beijing Sets Up Website for Public to Report Gaming Companies’ Infringement of Anti-Addiction Regulation

Sources Say Senior Principal Research Manager Wang Jingdong Left Microsoft Research Asia and May Join Baidu

Ecovacs Releases Cleaning Robot Equipped with AI Chip and Voice Assistant YIKO

Automotive Post Market Service Provider New Carzone Completes Financing of $200 Million Led by Asia Investment Capital and Alibaba

Number of ATMs in China Now Less Than One Million in Age of Mobile Payment

Honor and Microsoft Deepen Strategic Cooperation, Honor’s MagicBook V14 to Launch Soon

XPeng Launches “Game-Changing” New P5 Sedan for Chinese Market, Plans for European Model Underway

How Can China’s Car Exports Avoid Impact of Global Chip Shortage? National Bureau of Statistics Responds

Wang Teng Succeeds Zhu Lei as Head of Xiaomi’s China Sales Operation Department

XPeng Launches New P5 Smart Family Sedan Starting at RMB 157,900

Vivo OriginOS Awarded CTTL’s First Five-Star Certificate for Personal Information Protection

Xiaomi Announces Xiaomi 11T Series

Robot Company Keenon Completes D Round of Financing Worth $200 Million Led by Vision Fund

LEAKED: 60x Zoom and All-New Helio G96 Mean A Complete Overhaul for TECNO’s New CAMON 18 Series

Beijing Company Fined for Illegally Providing Online Game Services to Minors

Evergrande Auto’s HK Stock Closes Down Over 24%

Meituan and Ele.me to Strictly Forbid Inducing or Forcing Delivery Riders to Register Individual Industrial and Commercial Households

UISEE and Baoding Ants Logistics Released Unmanned Transportation Project

Pandaily's Digest #20210915

Canalys Shows China’s Cloud Infrastructure Market Has Hit $6.6 Billion, Baidu AI Cloud Sees Fastest Growth

China’s First Offline JD Mall to Open in Xi’an on September 30

Chinese Official Encourages M&As of New Energy Auto Firms to Expand and Strengthen Sector

CATL to Invest 13.5 Billion Yuan in Building a Lithium-Ion Battery Plant in Yichun, China

Xiaomi Releases Exploration Version of Smart Glasses, Supporting Call, Navigation and Voice Translation

China Evergrande’s Shenzhen Headquarters Blocked by Investors

Xiaomi Auto May Acquire Borgward, Set Up Dual-Factory Model in Beijing and Wuhan

Soho China’s Stock Tumbles 35% After Deal Falls Through, What Will Owner Shiyi Pan Do Now?

Baidu Opens Robotaxi Service in Shanghai with Apollo Go Ride-Hailing Platform

Rotating Huawei CEO Xu Zhijun Predicts 6G Will Enter Market Around 2030

Pandaily's Digest #20210913

Rotating Huawei CEO Xu Zhijun Predicts 6G Will Enter Market Around 2030

Chinese Tech Companies Asked to Stop Blocking Access to Others’ Website Links

Tesla Increases Price of Model Y Performance in China Due to Fluctuations in Manufacturing Costs

Xiaomi Founder Lei Jun Visits FAW for In-Depth Talks on Carmaking Partnership

Opinion: Who is the Chinese Jeff Bezos?

Pandaily's Digest #20210911

Chinese Authorities Summon Gaming Firms Including Tencent and NetEase

Chinese Gaming Companies Disclose Proportion of Income from Minors for First Time

Tesla China Sold Over 40,000 Domestically Produced Vehicles in August, May Launch EV Worth $25,000 in 2023

NetEase Founder Denies Rumors that China Will Suspend Approval of New Online Games

Chinese Smartphone Maker Vivo Announces Global Launch of X70 Series

How Buffet-Backed BYD is Changing Public Transport, One Electric Bus at a Time

Alibaba-Backed AI Startup Megvii Receives Go-Ahead for 6 Billion Yuan Shanghai IPO

Tesla Opens New Delivery Center in Beijing With Over 100 Delivery Spaces, Its Largest in Asia

Xiaomi Auto Plans to Launch First Models in 2024 and Sell 900,000 Vehicles in Three Years

Turning Their Backs on Factories, China’s Small-Town Youths Make a Living on the Internet

Pandaily's Digest #20210908

Xpeng Releases World’s First Intelligent Robot Horse that People Can Ride

OPPO Invests in 3D Sensor Chip Manufacturer Adaps Photonics

Intel to Cooperate with NIO ES8 to Test Driverless Taxis Next Year

Luckin Coffee Promotes Restructuring Plan, Several Phased Goals Already Completed

Tesla China Completes Super Charging Pile Production Project, Planned Output to be 10,000 Superchargers Per Year

China VC Weekly: Didi Rival Raises Stakes, Big Injections from Xiaomi and ByteDance

Chinese Ride-Hailing Platform Caocao Chuxing Receives 3.8 Billion Yuan in Funding, Sets Headquarters in Suzhou

Tencent Calls for Further Regulation After CCTV Exposes Dark Transactions by Game Accounts

Chinese Video Sharing Platform Bilibili Rectifies Stigmatizing Words

Common Prosperity Themed Charity Day Sees Tencent Raise RMB 430 Million

Pandaily's Digest #20210906

Huawei’s Intelligent Automotive Solution Business Unit Carries Out Major Organizational Restructuring

Beijing Stock Exchange Announces Rules, Clarifying the Listing, Trading and Delisting Procedures

OnePlus 10 Series Unveiled, Featuring Snapdragon 898

WeChat to Provide Paid Cloud Storage Service for Chat Messages

CEO of JD Retail Xu Lei Promoted to President of JD.com

Xiaomi Overtakes Apple to Become Top Supplier of Wearable Bands in Q2

Following Limits to Minors’ Playing Time, MOBA Game Honor of Kings Experiences Crash

Meituan-Affiliated Company Invests in Rong Semiconductor, Sending Registered Capital Soaring to 380 Million Yuan

Alibaba to Launch a Team to Promote China’s ‘Common Prosperity’

As Xiaomi Auto Completes Registration and Is Officially Established, CEO Lei Jun Posts a Group Photo – Who Are With Him?

Xiaomi Builds Cars Now – How Does the Plan Work?

Pandaily's Digest #20210903

China to Launch Beijing Stock Exchange for SMEs

Tesla Denies Shanghai Factory Halted Operation Due to Chip Shortage

Alibaba to Invest 100 Billion Yuan by 2025 in Support of Common Prosperity

China Bans “American Idol”-Style Programs to Help Promote Healthy Living for Teenagers

Chinese Regulators Summon 11 Ride-hailing Firms Over Illegal Behavior

Xiaomi Auto Headquarters Officially Settle in Beijing, Registered in Beijing Economic-Technological Development Area

NIO Announces OTA Upgrade, Adding Emergency Assistance Function for Drivers

Tencent Boosts Global Investments with European Games as Focus as Beijing Cracks down on Online Gaming

TikTok’s Parent Company ByteDance to Sell Securities Business

XPeng Delivers 7214 Smart EVs in August, Expects Monthly Delivery Volume to Reach 15,000 in Q4

Pandaily's Digest #20210901

ByteDance Employees Receive First Salary Since Cancellation of ‘Big/Small Week’ Work Schedule, Pay Drops 17% on Average

Photos of New Xpeng Motors Mid-Size SUV Leaked, Revealing Lidar and Air Suspension System

Xiaomi Auto Formally Established With Team of Nearly 300 People

Tencent Exits All Exclusive Music Copyright Agreements

Tesla Seeks Partner for 4680 Cylindrical Cells in China

Universal Beijing Resort Sets Official Grand Opening for September 20

Geely to Issue 3.7 Billion Yuan in Stock to 10,000 Employees

Li Auto Reports Decrease of 34.6% in Q2 Net Loss, Expects Q3 Shipments to Top NIO

China’s Ministry of Education: No Key Classes for Compulsory Education

China Cuts Time Minors Can Spend on Online Games

Pandaily's Digest #20210830

Geely-Backed Ride-Hailing Platform Caocao Chuxing Receives Billions in New Round of Financing

VR Headset Maker Pico Confirms Acquisition by ByteDance

Vivo X70 Sets September 9 Release Date, X70 Pro+ to Have All New Design

QR Code: A Covid Innovation in The U.S., A Lifestyle in China

Leading Chinese Chip Maker SMIC Records Stellar H1 2021 Growth, Despite Sanctions

Huawei Music and Taihe Music Group Reach Copyright Agreement

Online Logistics Platform Kuaigou Dache Files for Hong Kong IPO

Artificial Intelligence Unicorn SenseTime Applies for Hong Kong IPO

Chinese Grocery Platform Missfresh Unveils First Financial Report Since IPO

Pandaily's Digest #20210825

Foreign-Based Teachers Grapple with China’s Latest Education Policy

Huawei’s Dictionary Pen Launched on Zhixuan and Youdao, Priced at 999 Yuan

Municipal Education Commission Introduces “Double Reduction” Work in Beijing

XPeng Ships First Batch of P7 Smart Electric Sedans to Norway

Ministry of Industry and Information Technology Plans to Develop Sodium-ion Battery Standards

Tencent Restarts eGame Site After Halt of Huya-Douyu Game-Streaming Merger

Neta S, Jointly Produced by Hozon and Huawei, to List Next Year

Tencent Launches First Mobile Game Off Limits to Underage Users

Xiaomi to Proceed with $77.4M Acquisition of Autonomous Driving Startup Deepmotion, Affirms Chip Shortage is “Manageable”

iQiyi CEO Gong Yu Cancels Platform’s Idol Talent Programs and Offsite Voting for Next Few Years

Bytedance Reportedly Buys Pico for 5 Billion Yuan

Tech Tycoons Embrace Philanthropy as China Pushes for “Common Prosperity”

Baidu Apollo Launches First Automatic Driving Operation Route in Beijing’s Tongzhou District

OPPO’s Tablet Could Run A New Version of ColorOS With Dock Bar and Desktop Widgets

Xpeng’s Revenues Increase 27.5% From Previous Quarter, Vehicle Delivery Surpasses 17 Thousand Units

E-Commerce Giant JD.com in Talks to Take Controlling Share of China Logistics

Chinese Regulators Target “Chaotic” Online Fan Culture While Actress Zheng Shuang Faces Probe for Tax Evasion and Fraud

Top Chinese Governing Bodies Call ‘996’ Work Culture Illegal

Nayuki Tea Releases First Financial Report After IPO

China’s Top Internet Regulator: Recommendation Algorithms Must Not Withhold Information or Manipulate Record Charts

Vivo Confirms X70 Series Features Self-Developed V1 Imaging Chip

Pandaily's Digest #20210825

Skyworth Digital’s H1 2021 Revenue Increased by 23% Year-on-Year, Plans to Split Into Two Listed Firms

US May Have Approved Sale of Auto Chips to Huawei

Universal Beijing Resort to Initiate Trial Operations on September 1

First Apple Store in Changsha, Hunan Province Set to Open

Tesla Brakes Became Trending Topic on Weibo 130 Times in First Half of 2021

Nio Releases Assisted Driving Safety Tests to Car Owners

Hong Kong Bourse Publicly Censures Six Former Executives of Smartphone Maker Coolpad Group

Livecast #8: VC Ray Hu of Blue Lake Capital on China SaaS

Pinduoduo Says Slower User Growth Inevitable and Inroads by Short-Video Platforms Show Market Dynamism

China’s Critical Data Rules Not Aimed at Firms Planning Foreign IPOs: National Network Information Office

FF 91 Completes Longest Road-Test Among the Global Ultra-Luxury EV Class

Pinduoduo Q2 Sales Miss Estimates, User Growth Slowest Since 2019

The Collapse of Chinese Tutoring Industry Sends Businesses Scrambling

Changan Automobile’s Avatar Technology Unveils First New Car E11

Smart Share Global Limited Releases Q2 Financial Report: Total Revenue Tops 972.4 Million Yuan, A Year-on-Year Increase of 52.9%

Allsaints Music Group Raises $60 Million in Series B1 Round

Nayuki’s Tea Apologizes for Recent Food Safety Issues

AI Computer Chip Startup Pingxin Technology Receives $10 Million in Pre-A Financing Round

Former Mayor of China’s Largest Municipality Huang Qifan Interprets Why Beijing Scrutinized the Internet Industry

JD.com’s Q2 Revenue Reaches 253.8 Billion Yuan, Higher than Market Expectations

Model Ys Produced by Tesla’s Shanghai Factory Officially Delivered in Europe

OPPO Unveils MagVOOC Magnetic Flash Charger

Tesla Model S Suspected of Spontaneous Combustion in Underground Garage in Guangzhou

Alibaba Cloud Told to Rectify Information Leak Without User Consent

Xiaomi to Found Mi Apartment as Employee Dormitory for 700 Million Yuan

China VC Weekly: Drugs, Semiconductors, and Self-Driving Cars

Pandaily's Digest #20210823

Kuaikan Secures $240 Million in Funding, Setting Single-Round Record for Comics Industry

AIpark Bags Strategic Investment From Xiaomi

Luckin Tea Halts New Franchises, Most Stores Renamed Luckin Coffee

Faraday Future Expands Global Hiring Following Business Combination

Alibaba-Backed Autonomous Driving Firm AutoX Takes Driving Tests in Shenzhen Urban Villages

BYD Semiconductor IPO and Listing Examination Halted by Regulators

Family Members of Fatal NIO ES8 Accident Accuse NIO of Helping Destroy and Falsify Evidence

Ant Group Denies Rumors That Hangzhou Official Under Disciplinary Investigation Is Purchasing Shares

Pandaily's Digest #20210820

Meituan to Pay Social Security for Food Delivery Riders as Required by Chinese Government, Share Price Plummets

Electric Vehicle Prices Continue to Drop in China as Europe Sees 28% Rise

Fresh Food E-commerce Industry in China to Exceed 1 Trillion Yuan By 2023, According to iResearch

Geely Plans to Sell 3.65 Million Vehicles in 2025

Chinese Government Issues New Regulation on Automobile Data Security, Requiring Enterprises to Not Collect Data by Default

Xgimi Technology’s Net Profit in First Half of 2021 Increases by 98%

Evergrande Issues Response After Interview by Chinese Government, In Negotiations with Xiaomi About Auto Business

Chairman of Duoyi Network Reveals Former CEO’s Corruption

Wan Long, Chairman of WH Group, Publicly Accused by Son of Financial Misconduct

Bilibili’s Net Loss Reaches 1.12 Billion Yuan, An Increase of 96% YoY

New Oriental to Provide One-Month Free Courses for Wall Street English Students

Beijing Targets ‘Chaotic’ Online Fan Clubs by Removing Apps from Stores

JOYY’s 2021 Q2 Revenue Increases by 39.7% Year-on-Year

Chinese Authorities Interview Firms Including Huolala and Didi to Ensure Rights and Interests of Freight Drivers

How China-Canada Relations Have Reached a Tipping Point as the Finale of Huawei CFO’s Trial Nears

Tencent Video Sues Bytedance’s Douyin for Copyright Infringement

Tencent to Invest 50 Billion Yuan in Common Prosperity

Great Wall Motor Acquires Daimler Factory in Brazil, Targeting Annual Capacity of 100,000 Vehicles

Battery Maker CATL Signs Deal to Set Up New Production Base in Shanghai

NIO Owners Refuse So-Called “Owner Statement” of the NOP Accident

Zero Run Technology Completes Financing Round of 4.5 Billion Yuan Led by CICC

XPeng Signs Agreement for Zhaoqing Smart EV Manufacturing Base Phase Two Expansion Project

Tencent’s Total Revenue in Q2 Reaches 273.6 Billion Yuan, A 23% Increase Year-on-Year

Pandaily's Digest #20210818

Bytedance Denies Setting up Private Equity Funds

Tech Giant Baidu Launches “Robocar” and Robotaxi Services APP Luobo Kuaipao

Neolix Raises Millions in Its Series B Funding Round

OPPO Establishes New Camera Innovation Lab in India

Xpeng’s Founder Expresses Concern about Chip Shortage due to the Pandemic Spread in Malaysia

iQOO Unveils New Smartphone Lineup

Huawei Won’t Give Up Mobile Business or Develop Real Estate: Executive

AI Unicorn SenseTime Reported to Pursue $2 Billion Hong Kong IPO

Principal of DCM Ventures Dies of Mental Breakdown after Attending Mental Destruction Courses

SEC Chairman Temporarily Suspends Chinese Companies From Going Public in the US by Way of Shell Companies

Zuoyebang Launches Five Quality Education Products to Enhance Comany’s Transformation

Zhao Changlong Replaces Xu Jiayin as Chairman of China Evergrande’s Key Unit

Chinese-Canadian Kpop Singer Kris Wu Arrested on Suspicion of Rape

Shenzhen Municipal Government Helps Chinese E-Commerce Enterprises Cope with Amazon Bans

Bilibili Tests Auto-Tune Remix Video Editor, Facilitating Content Production Process

Tencent-Backed Digital Content Firm China Literature Publishes Financial Report, Showing Rebound from Rocky 2020

Sources Say Xiaomi Auto to Locate Headquarters and First Factory in Beijing

Tencent Music’s Net Profits Attributable to Equity Holders Dropped 12% in Q2

Lantouzi.com’s Zhang Lei Put Under Border Control, Not Zhang Lei of Hillhouse Capital

Li Auto’s Founder Calls For Unified Language Terms for Automatic Driving in China

Wingtech Technology Finishes Acquisition of U.K.’s Largest Chip Plant

Pandaily's Digest #20210816

ByteDance Starts Internal Testing of “Douyin Auction” to Increase Investment in E-Commerce Business

Wall Street English Faces Possible Lawsuit as Competing Firms Woo Former Students

Meituan’s Venture Capital Wing DragonBall Invests in Chinese Self-Driving Startup QCraft

Canadian Judge Challenges Prosecutors’ Arguments Over Huawei CFO’s Extradition

VIPKid Launches Bilingual Courses on ‘Intangible Cultural Heritage’

BYD Delivers Tang EV in Norway, Initiating Plan to Enter European Market

China to Introduce New Laws to Regulate “Big Data Killing” by Internet Enterprises

Jinan Police Investigate Disgraced Alibaba Manager Under Suspicion of ‘Forcible Indecency,’ Not Rape

Nio ES8 Driver Dies While Driving with NOP Pilot

Pandaily's Digest #20210813

TikTok Shop Currently Under Testing in the UK, Aiming to Increase In-App Transactions

Report Identifies 2021 Tech Leaders in Chinese Auto Market: Mercedes, XPeng and WEY

Honor Releases Magic3 with Qualcomm Snapdragon 888+ Chip

Wall Street English to Announce Bankruptcy Next Week Following Repeated Closure of Offline Stores

Battery Manufacturing Heavyweight CATL to Bag 58.2 Billion Yuan in Private Placement

Alibaba Sets Up Team Against Employee Misconduct, Unconditionally Supports Refusal of Forced Drinking

Baidu Reports Total Revenue Grew 20% YoY in Q2

Chinese Education Giant New Oriental Denies Move to Training Parents

Yu Yongfu Takes Over as CEO of Alibaba’s Local Life Business Group After Resignation of Li Yonghe

Misinformation Surrounding Tokyo Olympics Goes Viral on Chinese Social Media Amid Rise of “Attention Economy”

Meituan Conducts Internal Test of New Takeout Order Sharing Platform

China VC Weekly: Telematics, Spaceplanes and Biotech

Chinese E-Commerce Businesses Turn to Other Platforms in Wake of Amazon Ban

Didi Denies Core Management Changes During Cybersecurity Probe

Great Wall Motors’ Focus on Foreign Expansion Shifts from India to Brazil

Pony.ai Said to Suspend US Public Listing Through SPAC

Wuhan Government Seeking to Attract Xiaomi Auto Manufacturing Project

Nio Reports $1.3 Billion in Total Revenue for Q2 2021

Chinese Telematics Startup Pateo Raises 830 Million Yuan

Bilibili’s Daily Active Users Exceeds 65 Million, Surpassing Youku to Become the Third Largest Long Video Platform in China

SoftBank Halts New Investments in China

Pandaily's Digest #20210811

Trip.com Group Launches “Hybrid” Working Test – A Mix of Remote and In-Office Work

Xpeng Motors Launches First Batch of Super-charging Stations Along Expressways

Hillhouse Capital Denies that Founder Zhang Lei Faces Border Control Penalty

Adidas’s Greater China Revenue Declines 15.9% in Second Quarter

NetEase Cloud Music Delays Hong Kong IPO

US Lawmakers Call for Inclusion of Former Huawei Sub-Brand Honor on Economic Blacklist

Plus Tests Driverless Trucks in Jiangsu Province, To Supply Amazon With 1,000 Vehicles

Tesla Giga Shanghai Reaches Annual Output of 450,000 Units

China Evergrande Group in Negotiations to Sell Automobile and Property Management Businesses

XPeng’s P5 City NGP Clip Leaked, Supports Automatic Lane-Change Turn Signalling and Identification of Traffic Lights

Xiaomi Unveils Mi Mix 4 Alongside Mi Pad 5 and New OLED Mi TV Series

Luckin Coffee Plans New Financing Round with Potential Investors Including Focustar Capital

Tesla Delivered 8,621 Made-in-China Cars Domestically in July, Down 69%

Baoneng Motor Starts Second Batch Of Layoffs, Exceeding 65% of Personnel

Meng Wanzhou’s Final Arguments in Extradition Battle Begin

Xiaomi Chief Lei Jun Releases Annual Speech, “My Dream, My Choice”

Douyin’s Food Delivery Service Begins to Take Shape

BYD Denies Rumors of Supplying Tesla With Blade Batteries

Pandaily's Digest #20210809

Li Auto Sets Hong Kong Offering Price at HK $118

Alibaba to Permanently Fire Male Employee Suspected of Sexual Assault

Bytedance Denies Reports of Impending IPO: “This News is Not True”

Geely and Renault to Jointly Explore Hybrid Vehicles for Chinese and South Korean Markets

VIPKid to Cease Offering Foreign-Based Tutoring Courses to Students in China

Tencent Merges Short Video Platform Weishi and Tencent Video

Chinese Authorities Require Enterprises to Ensure the Health and Safety of Staff Such as Food Deliverymen

Chinese Electronics Company Luxshare Precision Joins Supply Chain for Apple’s iPhone 13

Alibaba’s CEO Daniel Zhang Apologizes Following Rape Allegations Against Its Employee

Meituan to be Fined $1 Billion for Suspected Monopolistic Market Behavior

Pandaily's Digest #20210806

Xiaomi Denies Authorizing Mi Store Portugal’s Acceptance of Cryptocurrency Payment

Xiaomi Wins Top Spot in June’s Global Mobile Phone Sales with Market Share Exceeding 17%

AI Chipmaker Axera Secures “Hundreds of Millions of Yuan” in Series A+ Financing, Led by Meituan

Chinese Space Program Launches Zhongxing-2E Satellite from Xichang Facility in Sichuan Province

BYD Reportedly to Supply Tesla With Blade Batteries Next Year

NetEase’s Youdao Releases Six Quality Education Products

WeChat Resumes New User Registration

Meituan Upgrades Assurance Services for Unused Travel Orders Due to the Epidemic

JD Retail Announces New Executives

E-Cigarette Use by Minors to Be Prohibited: Xinhua

ByteDance’s Dali Education and Gaotu to Layoff Employees Under Pressure of Double Reduction Policy

China VC Weekly: Self-driving Trucks and Biotech

Luckin Coffee Achieves Profitability in Cut-throat Market

WeChat Pay Score Launches Immediate Delivery Service

Beijing to Grant Parents Having a Third Child 30 Days of Maternity Leave

The National Radio and Television Administration calls for Strict Controls on “Idol” Programs

Didi’s ChengXin YouXuan Preferred Headquarter Relocation, Reducing All Employees’ Salaries and Eyeing Profit

China’s YOOZOO Games to Implement Strict New Measures for Minors

Tesla China Raises Prices for Model S and Model X, the Second Price Increase from July

Pandaily's Digest #20210804

Cleared for Take Off: Cargo Airline Backed by JD.com Founder Receives Regulatory Approval

Oppo Unveils Next-Generation Under-Screen Camera Technology

Huawei to Invest $100M in Asia-Pacific Spark Program Over Next Three Years

Who Is Still Supporting Tarnished Superstar Kris Wu?

Shanghai-Based Car Rental Firm eHi Eyes Hong Kong Listing as Industry Gives Nod to Domestic Car Rental Market

Nayuki Tea Says Recent Reports Questioning Food Safety Won’t Severely Affect Operations or Finances

HeyTea Denies Reports of Plan to List on Hong Kong Stock Exchange Next Year

China’s State Council Rolls Out Mass Fitness Program to Promote Digital Transformation of Sports Industry

Alibaba Delivers Q2 Financial Results, Indicates Largest Share Repurchase Program in Company’s History

Tesla to Reduce Sales Outlets in China’s First Tier Cities

Tencent Strengthens Protection Measures for Minors After Lambasting by Chinese State-Run Media

Autonomous Truck Company Inceptio Technology Completes B Round Financing of $270 Million

Evergrande Sees Temporary Rebound in Share Price After Selling 11% Stake in Hong Kong Firm

Li Auto Seeks to Raise $1.9 Billion in Hong Kong Offering

Hello Group Announces Name Change from Momo

Xiaomi’s Phase 2 Smart Factory Expected to Produce 10 Million High-End Mobile Phones Per Year

BEST Inc. Partners with Cainiao to Launch Cross-border Logistics Services from China to Thailand, Vietnam and Cambodia

Pandaily's Digest #20210802

ByteDance AI Lab Director Confirms Resignation; Scientists Leave the Business Tower for the Ivory Tower

Tesla China Drops Model 3 Price as Shift to More Cost-Effective Batteries Continues

EV Battery Maker SVolt Bags over $1.5 Billion in Series B Financing Round

AI Unicorn 4Paradigm Plans to List in Hong Kong

Xpeng’s July Deliveries Exceed 8,000 Units for First Time, With P7 Breaking Growth Record for Three Consecutive Months

Pandaily's Digest #20210730

Behind the Evergrande Debt Debacle

Xiaomi Unveils Specifications for its Mi Pad 5, Three Versions Contain Snapdragon 860 or Above

China Esports Weekly: Wolves Owner Fosun Sports Invests in Evil Geniuses, Uzi and Chengcheng Fan Establish Esports Team UFG

Biocomputing Platform BioMap Founded by Baidu CEO Secures Hundreds of Millions of Dollars in Series A Financing Round

CATL to Unveil its First Sodium-ion Battery, Propelling Commercial Cooperation in the Automotive Energy Storage Field

Huawei Releases P50 Series, First Smartphone With HarmonyOS

Didi Denies Going Private, Pre-Market Price Soars 50%

Huang Mingduan Assumes the Chairman Role of Suning.com

Tencent Is about to Complete the Preliminary Integration of Sogou

Robin Li Predicts Eight Major AI Technologies Will Profoundly Change Society Over the Next Decade

Bytedance Participates in the Latest Round of Financing of VisionNav Robotics

Yuanfudao Rolls Out STEAM Teaching App Pumpkin Science

Baidu and Pony.ai Receive License to Test Drive on Expressway

Chinese Wealth Management Service Provider Noah Holdings Announces Investment in iCapital Network

Xiaomi Announces Recruitment of Professional Drivers for L4-level Capability

Mobile Phone Shipments Down 11% Year-on-Year in Q2: Huawei Misses Top Five While Honor Squeezes In

NetEase Cloud Music Passes HKEX Listing Hearing

Pandaily's Digest #20210728

Mobile Phone Shipments Down 11% Year-on-Year in Q2: Huawei Misses Top Five While Honor Squeezes In

Tesla Production in Shanghai Remains Strong as China Surpasses Europe in Firm’s Market Share

Hello Inc. Cancels U.S. IPO in Possible Ramification of Didi Penalty

Huawei Adjusts Carmaking Team to Include Former Mobile Phone Experts

Tencent Suspends New Signups to WeChat Due to Security Upgrade

Xiaomi MIX4 To Be Equipped with Infinity Display?

Xiaomi Executives to Become Directors of Kaiyun Motors

MissFresh Partners with Tencent to Accelerate Digitalization for Grocery and FMCG Retailers

NetEase Cloud Music May Raise $1 Billion after Listing Hearing

Kuaishou Reacts to Initiate Legal Proceedings in Case Involving Fabricated Research Report

Amazon the Monopoly Takes on Unruly Chinese Firms

Dada Ramps Up Expansion of Autonomous Delivery in Partnership with JD

OPPO Introduces a New Generation of Flash Charging Technology

Meituan To Implement Guidance on Safeguarding the Rights of Food Deliverymen

JD.com-owned Dada Group and Vivo Reach Deal to Speed Up Delivery Times

“Traitor” and “Evil Capitalist” Allegations Fuel a Perfect Storm for Didi

Pandaily's Digest #20210726

Huawei to Offer Swapping of Phones’ Back Case for Previous Customers

Tencent Music Ordered to Give Up Exclusive Online Music Licensing Rights, Benefiting Competitors

Douyin Launches New Features in Push to Accelerate Growth

China VC Weekly: Coffee and AI

Li Auto Passes HKEX Hearing, Opening Door for Dual Listing

China Unicom to Be Formally Delisted from NYSE in October

A Spreadsheet’s 24 Hours to Save Hundreds of Lives in 1-in-500-year Rainfall Event

Pandaily’s Digest #20210723

Porsche Recalls 94 Cayennes Due to Risk of Losing Control

New Oriental Education’s Stock Price Plummets Amid Stricter Government Regulation

China Esports Weekly: Esports-Related Companies and Individuals Support Henan in Countering Floods, Tencent to Buy Sumo Group for $1.27B

Shenzhen Launches Pilot Program of Digital Currency for Public Transportation

Faraday Future Lists in the US, Holds Market Value of $5.4 Billion

Pandaily's Digest #20210721

Momo to Launch Content Sharing App Called Shumei, Targeting Younger Generations

As Rainstorm Assails Central China, Domestic Companies Spring to Action

Huawei Achieves Patent of Autonomous Driving Vehicle Behavior Planning Technology

Tencent’s TiMi Studio Group Establishes New Studio in Montreal to Develop AAA Open World Games

Consumer Robotics Company KEYi Tech Raises Tens of Millions of Dollars in Series B Round

SMIC Releases Equity Incentive Plan Worth 1.351 Billion Yuan

Faraday Future to Land on NASDAQ as Pre-orders of its Mass-produced Cars Are Live

China VC Weekly: Xiaoice, Lingerie and More

WeRide Announces Acquisition of Autonomous Trucking Startup MoonX.AI

Vivo to Develop Own Chip, Seeks to Improve Imaging Capability

Huawei P50 Series to Launch July 29, HarmonyOS Rumoured to be Pre-Installed

The Extraordinary Rise of China’s Pet Industry

Pandaily's Digest #20210719

Baidu Launches Apollo Robotaxi Ride-Hailing Pilot Program in Guangzhou

Meituan Launches Ride-Hailing Mini Program

Huawei to Initiate Mass Production and Delivery of OLED Driver Chips by End of 2021

Tesla China Launches New Supercharging Station in Shanghai

XPeng’s New P5 Model Equipped with DJI Lidar, Heating up Competition in Domestic Electric Vehicle Market

FIMI’s UAV Recalled Due to Control System Malfunction

China Esports Weekly: Chinese Anti-Monopoly Authority Terminates Douyu-Huya Merger, BYD Auto Sponsors eStar.Pro

EV Maker Li Auto to List on Hong Kong Stock Exchange, Sources Say

Unmasking Chinese Tech Giants’ Abandonment of the “Big/Small Week” Working Scheme

China’s Agri-food Sector Modernization Presents Investment and Learning Opportunities, Experts at Pinduoduo Food Systems Forum Say

Seven Chinese State Organs Look Into Ride-Hailing Platform Didi for Network Security Review

Tencent Ventures Into Chip R&D and Design, a New Focus of Chinese Tech Giants

Xiaomi Surpasses Apple to Become World’s No.2 in Smartphone Shipments for Q2 2021

CATL Reaches Strategic Cooperation with Tencent Cloud to Jointly Build AI Innovation Base

China VC Weekly: Convenience Stores, AI and Alibaba’s New Fund

Tencent Awards 2,403,000 Shares of Stock Worth about 1.1 billion Yuan to 3,300 Employees

Alibaba-backed AutoNavi Announces Brand Upgrade in Effort to Provide More Daily Life-Related Services

Underwear Brand NEIWAI Completes D Round of Financing of $100 Million

Unmanned Delivery Firm White Rhino Auto Receives Nearly $10 Million in Pre-A Funding

Stained by Fraud Scandal, Luckin Coffee Is Seeking a Path Out

Huawei Responds to US Approval of $1.9 Billion Telecoms Replacement Plan

Bytedance’s Douyin Conducts Internal Testing for Food Delivery Service, Confronting a Competitive Market

Zebra Zhixing Receives Capital Increase of ¥3 Billion

Alibaba and Tencent to Open up Services to Each Other

Jianzhi Education Files IPO in the United States after Being Rejected at Home

Xiaomi Hires More People for Autonomous Driving; New Talent Plan to Be Announced Soon

Tencent Buys Over 11 Million Shares in Meituan, Raising Nearly $400 Million and Acquiring a 17.2% Stake in the Firm

Regulators Push to Close Loopholes in Chinese Cyberspace

Chinese Electronic Components Firm BOE Technology Achieves Record Profits in First Half of 2021

Chinese Audio and Video Creation Platform Bilibili Experiences Temporary Inaccessibility Due to Engine Room Failure

HeyTea Completes Financing Round Worth $500 Million, Raising Market Value to $9 Billion

Pandaily's Digest #20210714

Pandaily’s Digest #20210712

Pandaily's Digest #20210709

Tencent Music to Give Up Exclusive Music Rights as Chinese Authorities Intensify Antitrust Push

Hooked on Dating Apps: Where is China’s Gen Z Swiping Right?

Meituan Taxi Service Gives it Another Go on App Stores Amid Didi Investigation

Chinese Wearable Technology Firm Huami to Launch New OS with Better Understanding of User

Alibaba’s Taobao and Alipay Cancel Advertisements Displayed While Starting the App

China’s Top Market Regulator Bans Merger of Tencent’s Video Game Streamers Huya, DouYu

Xiaomi Acquires an Autonomous Driving Technology Company, as Industry Competition Heats Up

NIO to Deploy 4,000 Charging Piles Globally By 2025

Bytedance Plans to Relaunch Social App Feiliao

Tesla Introduces Significantly Cheaper Standard Range Model Y for Chinese Market

Faced with Possible Effects of Didi App Removal, Chinese Companies Keep, Ximalaya and LinkDoc Cancel IPO Plans in US

Pony.ai Launches Robotaix Service in Shanghai

AI is the Transformative Force Revolutionizing Future Human Development Over the Next 40 Years, Says Baidu CEO Robin Li at WAIC 2021

Food Delivery Giant Meituan Unveils Drones for Delivery Service, Offering New User Experience

Ant Group to Adjust its Management Team

China’s Electric Appliance Giant Gree to Introduce Huawei’s HarmonyOS

Huawei Reaches Patent License Agreement with Volkswagen’s Supplier

Didi’s Mini Programs Removed from WeChat and Alipay, Affecting Its Business

Pandaily’ s Digest #20210707

UK’s Largest Chipmaker Acquired by Chinese-Owned Nexperia Amid Ongoing Semiconductor Crisis

Shares of Xpeng Rise 1.8% in Hong Kong Dual Primary Listing Debut

Oppo Executive Denies Public Speculation Regarding Possible Vehicle Production

LinkDoc to List on NASDAQ, Sets Sights on $1.5 Billion Market Value

CAR Inc. Sets For Privatization And Will Delist on July 8

Geely Automobile Sales Hit 100,163 Units, Down 9% Year-on-Year

Chinese New Retail Unicorn KK Group Raises $300M Led By JD.COM

Li Auto Responds to Rumors That Their Products Contain Mercury

Live Streaming E-Commerce Is All the Rage In China

China VC Weekly: Autonomous driving, SaaS and ZWC’s New Fund

Merger of Huya and Douyu Stopped

Beleaguered Retail Group Suning.com receives a $1.4bn State-Backed Investment

Xiaomi to Provide over 110 Million Shares to Retain Talents

SMIC Executive Departs Company

Vivo Asks App Developers to Review Data Privacy Compliance Requirements

Sharp Slump in Bitcoin Price Issues Meitu $17.3 Million Loss

Pandaily's Digest #20210705

Xiaomi's Founder Lei Jun to Give 600 Shares to Every Employee of Jinshan Group

Shenzhou-12 Crews Successfully Performs First Space Walk Mission

ByteDance Puts Money Behind Influencer Li Ziqi, Marching into New Consumption Field

BOSS Zhipin and Huochebang to Undergo Security Review, User Registration Suspended

Didi Removed from App Stores, User Registration Suspended

ByteDance Prioritizes Music Product, Places Former TikTok Chief at Helm

Delivery Company Backed by Logistics Giant SF Holding Files IPO in Hong Kong

Alibaba Announces Organizational Upgrade in Its New Life Service Sector

Didi Chuxing Undergoes Cybersecurity Review Two Days after Its U.S. IPO

New Color Scheme for OPPO Reno 6 to Be Released July 5th

Pandaily's Digest #20210702

China’s Bitcoin Miners Stumble amid Crypto Crackdown

Looking Beyond China, Budget Store King Miniso Eyes Growth Opportunities in Overseas Markets

COVID-19 Has Given China’s AI Industry a Shot in the Arm

China Esports Weekly: LoL Esports Manager Receives Game Approval, ImbaTV to Host Valorant Invitational

From Gold Rush to Minefield: Can the Chinese Online Education Industry Survive Its Darkest Hour?

Chinese EV Giants Nio and XPeng Announce Vehicle Delivery Results for June and Q2 2021

Asia Innovations Group Plans U.S. IPO, Eyeing between $600 Million to $800 Million

Dingdong Maicai Price Surges as Ticker Symbol Might Have Been Mistaken for DIDI

XPeng Announces Global Offering of 85 Million Shares at HK$165 Per Share

Chinese Ride-hailing Giant Didi Chuxing Goes Public on New York Stock Exchange

Upcoming Nokia X60 Series Will Run HarmonyOS, Sources Say

French Telecom Company Orange Says Cooperation with Huawei Is Going Well despite European Concern

BYD Semiconductor Lists on GEM of Shenzhen Stock Exchange

Nayuki’s Tea Edges Down Amid Debut Hong Kong IPO

Didi Set Shares Price Three Days After Listing, Reportedly To Raise More Money

Renault Signs EV Battery Deal with China’s Envision AESC and France’s Verkor

Chinese Autonomous Driving Company Holomatic Completes B1 Round of Financing

Alain Lam, Vice President of Xiaomi, Succeeds Lei Jun as Chairman of the Board of Directors of Airstar Bank

Dingdong Maicai Slashes IPO by 70% While MissFresh Stocks Plummets on Nasdaq Debut

Chinese Internet Giants Want to Change Overtime Culture, but Employees Have Mixed Reactions

One-Stop International Logistics Online Service Platform YunQuNa Receives New Financing

Chinese Electric Vehicle Battery Manufacturer CATL Extends Battery Supply Deal with Tesla

VOYAH Automobile Owned by Dongfeng Motor to Operate Independently

Chen Rui, Chairman and CEO of Bilibili, Delivers 12th Anniversary Speech

China’s Top Electric Appliances Manufacturer Gree Cancels Employee Stock Ownership Plan

Pandaily's Digest #20210628

Tesla to “Recall” Model 3 and Model Y in China for Online Software Update

Chinese Female Health App Meiyou May List Overseas

China VC Weekly: Cheese Tea, Autonomous Driving, New Funds

CEO of Education Firm Gaotu Responds to Reports of Staff-Cutting Under Regulatory Pressure

Kuaishou E-Commerce Holds Investment Promotion Conference for Books and Education to Support Partners

Nongfu Spring Denies Using Ingredients from Fukushima in Soda Water

Pandaily's Digest #20210625

Sources Say Chinese Convenience Store Chain Bianlifeng to file US IPO, Denied By Company Spokesperson

TikTok Rival Kuaishou Technology Wins Broadcasting Rights for 2020 Tokyo Olympic Games and 2022 Beijing Winter Olympics

Community-Focused Retailer Missfresh Speeds up Efforts to Digitalize China’s Wet Markets

Canalys: China’s Expenditure on Cloud Services Reached $6 billion in the First Quarter of 2021

Ofo Affiliate Fined RMB13.41 Million by Court

Tesla China’s First Super Charging Station Integrating Energy Storage and Charging Landed in Lhasa

Meituan to Launch Food Delivery Butler Service for Restaurants, Speeding Growth of Take-away Services

HeyTea to Complete New Round of Funding for $9.27 Billion

China Esports Weekly: Tencent Esports Anti-Match-Fixing Convention Announced, Six Cities Selected for HoK World Champion Cup

Sources Say Chinese Autonomous Driving Firm Pony.ai to Build Cars Based on SEA Haohan Architecture, Denied by Company Response

Chinese Ride-Hailing Giant Didi Updates Prospectus to Reveal 4 Billion Dollar Financing Plan

Bubble Tea Brand MXBC Goes Viral 24 Years After Creation – What’s In the Recipe?

Pandaily's Digest #20210623

Tesla’s Chinese Rival Xpeng Motors to list in Hong Kong

Chinese Autonomous Driving Startup WeRide Bags More than $600 Million in Five Months

Soul Announces the Suspension of Its US IPO, Saying the Possibility of Other Capital Operations

Tesla to launch the longest supercharger line in China

Chinese Swimmer Sun Yang Will Miss the Olympics after Court Appeal

China VC Weekly: Blockchain, Trucking, E-commerce

The Value of Full Truck Alliance Increases more than 14% in US IPO Debut

Hotpot Chain Haidilao’s Market Value Plunges 50% after Extensive Expansion

ByteDance Founder Zhang Yiming Donates 500 Million Yuan to His Hometown Longyan

Pandaily's Digest #20210621

China’s E-commerce Giants See Record Highs During “618” Shopping Spree

JD-Backed Electronics Reseller Aihuishou Gains 23% in Nasdaq IPO

Bitcoin Drops Sharply as China’s Crackdown on Crypto Mining Expands into Sichuan

Borgward Auto Owned by UCAR to Undergo Bankruptcy Proceedings

Yunkuaichong Completes B1 Financing, Led by Lithium-ion battery manufacturer CATL

Tencent to Build Global Headquarters on Artificial Island With $5.7 Billion Investment in Shenzhen

Pandaily's Digest #20210618

China Esports Weekly: Riot Games Confirms Five Chinese Cities to Host LoL Worlds, IQOO Joins Tencent Esports Technology Union

iQiyi Launches Education App, Aiming at the Crowded Online Education Market

Premium Ice Cream Brand Chicecream Apologizes for Past Misdeeds, Publishes Letter Accusing Media of Defamation

Baidu and BAIC Group to Collaborate on Apollo Moon Robotaxis

China Launches Shenzhou-12 Spacecraft Carrying Three Astronauts to Space Station

OnePlus Announces Integration with Oppo

Pandaily's Digest #20210616

Short Video Platform Kuaishou Ramps Up Expansion in Brazil and Southeast Asia, Heating Up Competition with Rival TikTok

Online Used Car Company Uxin Secures New Financing Led by Nio Capital and Joy Capital

China’s Education Ministry Sets up New Department to Supervise After-School Tutoring, Intensifying Efforts to Curb Booming Private Education Sector

Didi Chuxing Compensated 280 Million Yuan of Unpaid Ride Fares in 2020, Open Letter Reveals

China’s Fashion Unicorn Shein Accused of Copyright Infringement

China VC Weekly: Autonomous Driving Momentum

Alibaba Health-Backed LinkDoc Technology Files for US IPO, Sending Ripples through China’s Online Healthcare Sector

Pandaily's Digest #20210611

Tesla’s China Sales Rebound in May Despite Customer Complaints and Government Scrutiny

Biden Withdraws Trump’s Executive Orders Seeking to Ban TikTok and WeChat over Security Concerns

China Blocks the Search of Several Crypto-Related Keywords, Intensifying Crackdown

Alibaba to Develop Self-Driving Trucks, Eyeing Next Potential Hot Spot in China’s Tech Sector

China Esports Weekly: Hyperice Named Special Partner of LPL, Jingdong Gaming Signs Two-Year Title Sponsorship With Intel

Luckin’s Ex-Chairman Lu Zhengyao Becomes Judgment Debtor for Third Time, Faces $188 Million Fine

Company Behind Fallen Bike-Sharing Unicorn Ofo Found to Lack Executable Funds

China’s Ride-Hailing King Didi Chuxing Files for Blockbuster US IPO, Revealing $30 Million Profit for Q1

China Commences Testing for the Internet of Cars, Mapping Out a Driverless Future

Pandaily's Digest #20210609

Chinese Automaker BYD Ships First Batch of Electric Cars to Norway

China Aims to Become Global Leader in Blockchain by 2025 as Cryptocurrency Crackdown Widens

Chinese Online Grocery Duo File for US IPOs, Spicing up China’s Already-Hot Fresh Produce E-commerce Market

Zhangmen Education Lists on NYSE Amid Heightened Scrutiny of China’s Online Tutoring Market

Chinese E-pharma Platform Dingdang Health Raises $220 Million to Expand O2O Strategy

Alibaba-backed online education giant Zuoyebang downsizes amid tightening policy control

China VC Weekly: COVID Vaccine and Xiaomi’s First EV Moves

JD.com-owned Dada Group Delivers Strong Q1 Results Boosted by Demand in Lower-Tier Markets

Emerging Markets Will Drive Next Wave of Global 5G Smartphone Sales: Realme-Counterpoint White Paper

Nio Unveils “Gemini” as Code Name for New Premium Model, Quashes Rumors of Entry-Level Release

Pandaily's Digest #20210607

Huawei Invests in Lithography Machines, Ascending Chip Industrial Chain

Chinese Video Platform Renren Video Removed From App Store Over Alleged Illegal Content

Mole’s World Mobile Game Tops China’s App Store, Appealing to Millennial and Gen Z Nostalgia

Bubble Tea Chain Nayuki Obtains Go-Ahead for $500 Million Hong Kong IPO

Pandaily's Digest #20210604

Short Video and “We-Media” Industry Castigated by Mainstream Platform Officials at Internet Convention

China Issues Regulation of Sharing Economy Companies, Maintains Crackdown on Monopolies

Tesla’s China Orders Halved in May Amid Regulatory Pressure and Public Relations Crisis, Report Says

BAIC Motor to Adopt Huawei’s HarmonyOS in New SUV Model

Autonomous Driving Startup Zongmu Technology Raises $190 Million from Investors Including Xiaomi, Qualcomm

China Esports Weekly: OPPO Signs Two-Year Strategic Partnership With TJ Sports for Wild Rift, Nongfu Spring’s Scream Sponsors FPX

Huawei Officially Launches Homegrown HarmonyOS, Teases Upcoming P50 Flagship Phone

Inflatable COVID-19 Testing Labs Put into Use in Guangzhou Following Surge in New Cases

Popular Kuaishou Livestreamer Accused of Selling Counterfeit Coolpad, ZTE Phones even after Paying Compensation for Previous Fakes

Biden to Revamp Trump’s Investment Ban Targeting Chinese Companies with Alleged Military Ties, Report Says

Chinese EV Frontrunners XPeng and NIO Report Mixed Delivery Figures for May Amid Global Chip Shortage

China’s Central Bank Takes Action to Quell Mounting Inflation Concerns

Tencent Sued over Honor of Kings Game for Alleged Violations of Minors’ Rights

Baidu-Geely EV Venture to Unveil First Model Priced Above $31,000 Next Year

China VC Weekly: Logistics, Robots and Surgical Instruments

VSPN Secures Multi-Million Series B2 Financing Round Led by Morgan Stanley

Chinese Education Company GSX to Close Pre-school Education Business and Cut 30% of Staff amid Increased Regulatory Pressure

Pandaily's Digest #20210601

Geely in Talks to Sell Zeekr EVs at Home Appliance Giant Haier’s Stores: Report

China to Send Three Astronauts to Its Space Station in June after Successful Tianzhou-Tianhe Rendezvous

Secondhand Electronics Trading Platform Aihuishou Reveals $3.5 Billion GMV in IPO Filing

Chinese Livestreaming Superstar Viya Apologizes for Pushing Fake Supreme Brand Product

Pandaily's Digest #20210528

China Esports Weekly: SuperGen Education Wraps Up Undisclosed Series A Funding Round, JingDong Gaming Rebrands

Alibaba-backed Nice Tuan Issued 1.5 Million Yuan Fine and Suspension after Failing to Correct “Improper Pricing Behavior”

Oppo Reno 6 Lineup Launched with 90Hz Display, 65W Fast Charging

NetEase’s Cloud Music Streaming Service Mulls $1 Billion Hong Kong IPO

Ride-hailing Giant Didi Chuxing to Give Drivers Access to Pay Breakdown in Bid to Improve Transparency

Pinduoduo Pulls Ahead with 824 Million Users, Vows to Use Scale for Good

Pandaily's Digest #20210526

China VC Weekly: New Funds and Edtech

Li Auto Unveils New Version of Li ONE SUV with Range of 1080 Kilometers

Tesla Builds Data Center in China Amid Increasing Privacy Concerns

US Formally Removes Xiaomi From Blacklist

ByteDance’s Rival Kuaishou Shares Slide as Live-streaming Revenue Drops and Losses Widen

Huawei to Hold Launch Event for HarmonyOS on June 2

Honor 50 Series to Launch in June with Qualcomm’s New Snapdragon 778G Chipset

Crypto Miners Huobi Mall and BTC.TOP Halt China Business Amid Heightened Regulatory Clampdown

Tencent-backed Recruitment App Boss Zhipin Files for US IPO

Pandaily's Digest #20210521

China Esports Weekly: $7.7M HoK World Champion Cup Heads to Beijing Olympic Sports Center, Huya and Douyu Report Q1 Financial Results

Tencent to Ramp Up Investment on Back of Strong Q1 Performance

Bitcoin Plunges After China Issues New Bans on Cryptocurrency Transactions

Beike Founder Zuo Hui Passes Due to Unknown Illness

ByteDance Co-founder Zhang Yiming to Step Down as CEO

Chinese Home Appliances Giant Midea to Mass Produce Parts for New Energy Vehicles

Pandaily's Digest #20210519

Tesla Pledges to Work with Chinese Authorities After Car Crash Kills Policeman

US Senate Surges Ahead with Bill to Shore Up Domestic Technology Amid Competition with China

Baidu Posts Robust Q1 Earnings Boosted by Cloud, AI Businesses

Tencent Music Entertainment Admits Regulatory Pressure After Delivering Solid Q1 Performance

JD Logistics Looks to Raise up to US$3.4 billion in Hong Kong IPO

Tencent Cloud Launches Sub-brand to Improve Developer Solutions for Audio, Video Products

Pandaily's Digest #20210517

China’s Zhurong Rover Lands on Mars

Chinese Firms Shift Production to Southeast Asia as Country Moves Up Value Chain

China VC Weekly: Groceries, Resale and Plant-Based Meat

Tencent-backed VIPKid Denies Cutting 50% of Staff Across Various Teams

Chinese Automaker GAC and Didi Chuxing to Jointly Develop Self-Driving Electric Cars

Pandaily's Digest #20210513

Chinese Online Grocer Dingdong Maicai Raises $330 Million in Latest Funding Round

Chinese Cybersecurity Giant 360 to Cooperate with NETA Auto to Make Electric Cars

Taiwan’s Gigabyte Sparks Social Media Outcry After Firm Mocks Chinese-made Products

Xiaomi Ranks 4th in BrandZ Top 50 Global Brands, OPPO Follows in 6th Place

China VC Weekly: Robots, Insurtech and Crypto

Market Regulators Fine Online Tutoring Giants Zuoyebang and Yuanfudao for Misleading Consumers

Chinese Lifestyle Brand Platform Onion Global Debuts on NYSE

Tesla Driver Dies in Rear-end Collision with Truck in South China, Sparking Further Safety Concerns

Didi Offers Details of Its Income Structure to End Rumors about Excessive Commission

Alibaba’s Cainiao Aims to Launch Over 800 Cargo Flights between Hainan and Rest of World

Waterdrop Makes NYSE Debut, Aims to become China’s UnitedHealth Group in 10 Years

Suning Unveils “One-stop Solution” for Foreign Brands Seeking Entry into China

Didi Said to Consider Separate IPO for Its Community Group-Buying Operation

Autonomous Driving Startup WeRide Completes Series C Financing, Bringing the Valuation of the Firm to $3.3 billion

Luckin’s Ex-Chairman Charles Lu Launches a New Venture: Chain Restaurants

India’s Ongoing Covid-19 Catastrophe Presents Challenges for Chinese Smartphone Makers

Chinese EV Maker Nio to Begin ES8 Deliveries in Norway This September

China’s Long March Rocket is Falling Back to Earth Amid Uncertainty about Landing Location

China’s Cybersecurity Watchdog Targets 33 Apps for Excessive and Illegal Personal Data Collection

Smart TV Caught Spying on Users' Devices, Who's Behind It?

Chinese Tech Giants Tencent Launches New Video Platform to Attract Elderly and Rural Consumers

Pinduoduo Sees Number of Active Merchants Surge 69% to Record 8.6 Million

Pandaily's Digest #20210430

China Imposes Stricter Oversight on Tencent and ByteDance’s Finance Arms as Crackdown on Big Tech Continues

China Esports Weekly: JD.com and Momchilovtsi Join Mid-Season Invitational as Chinese Partner, Funspark Teams Up With Elisa Esports For New CS:GO Tournament

Baidu Apollo to Launch Fully Driverless Robotaxi in Beijing Starting May 2

Nio Beats Revenue Estimates, Expects Q2 Deliveries Growth Despite Chip Shortage Challenge

UNDP Launches an Innovation-Focused Lab, Aiming to Achieve Sustainable Development Goals

Huawei Reports 16.5% Drop in Revenue with Smartphone Business Hit Hard by US Sanctions

China Launches the Core Module of Its First Permanent Space Station into Orbit

Taobao Live Reforms its Influencer Charging System and Opens Goods Pool to Livestreamers

Pandaily's Digest #20210428

Redmi Introduces K40 Gaming Enhanced Edition Phone with Dimensity 1200 Chipset

Skyworth and Skywell Introduce New Auto Brand, Aiming to Enter Crowded Electric Vehicle Market

Tesla’s Stellar Q1 Results Eclipsed by Publicity Crisis in China

Huya Lands Exclusive Rights for Chinese League of Legends Events in $310 Million Deal

China to Impose New Information Protection Laws, Tightening Regulation of Data-Hungry Internet Giants

After Alibaba, China Extends Its Big Tech Crackdown by Opening Antitrust Probe into Meituan

Baidu App Unveils New Strategy as it Hits 560 Million Monthly Active Users

WeChat Takes the Lead in Cracking Down on Infringement of Intellectual Property of Short Videos

Pandaily's Digest #20210423

Green Tech Company Envision Launches Mobile Charging Robot for Electric Cars

Chinese Logistics Giant SF Express Suffers Loss in Q1 2021

Tesla Retracts its Tough Approach over Customer Complaint Drama in Shanghai Auto Show

China Home to the World’s Longest Driverless Bus Network, Report Says

Owner of Chinese Gay Dating App Blued Obtains Internet Hospital License to Offer Men’s Health Services

One Dead after Tesla Sedan Crashes and Catches Fire in Guangzhou

Biden Calls for Bolstering of American EV Industry to Enhance Competition with China

Chinese Automakers Pledge To Meet Carbon Reduction Goals Ahead of Country’s 2060 Target

Huawei Joins Smart Vehicle Melee with SF5 SUV, Exploring New Revenue Streams Amid US Sanctions

Kuaishou Alliance Launches “2021 Super Partner Program” to Support Allied Firms

Tencent Announces 50 Billion Yuan Investment in Sustainable Innovation

Tencent-backed E-commerce Firm Missfresh Now Available on JD Daojia Platform

Pandaily's Digest #20210420

The Money-losing Game: Keeping Investors Engaged in Chinese Football

China VC Weekly: Semiconductors, Medtech and Insurance

Tesla Refuses to Compromise in Face of “Unreasonable Demands” after Angry Car Owner Protested at Shanghai Auto Show

Chinese Delivery Giant Meituan Releases New Generation of Autonomous Delivery Vehicle

Pinduoduo Launches Monthlong Campaign to Promote Reading

Baidu to Start Installing Self-driving System Apollo in Mass-produced Cars This Year

Trip.com Group Opens 4.85% Higher on Hong Kong Trading Debut as China Anticipates Robust Rebound in Tourism

Volvo Announces Tie-up with Didi Chuxing to Develop Self-driving Test Fleet, Launches Revamped XC60

Health Startup Waterdrop Submits Prospectus to SEC

Pandaily's Digest #20210416

Geely Looks to Crack China’s High-End Electric Vehicle Market with New Startup Zeekr

Sinopec and Nio Jointly Build Power Swap Station at Beijing Chaoying Filling Station

China Esports Weekly: Bilibili Esports Signs Strategic Partnership With Activision Blizzard, Overwatch League Brings Back to Live Events in China

OnePlus 9R Launches in China with Snapdragon 870, 120Hz Display

Geely’s Lotus Seeks to Raise $1 Billion for Push into China’s Electric Vehicle Market

XPeng Unveils “Game-Changer” P5 Sedan With Automotive-grade Lidar

Kaixin Auto Receives Approval to Acquire E-commerce Platform Haitaoche

Weltmeister Motor Denies Rumors Regarding Delayed Initial Public Offering

Pandaily's Digest #20210414

Baidu, ByteDance and JD.com Pledge to Comply with Antitrust Rules after Regulators Ask for Compliance with Alibaba Case

ByteDance Acquires Chinese Game Developer C4Games, Advancing Globalization Efforts

Chinese Autonomous Driving Startup WeRide Allowed to Test Driverless Cars in California

US to Refrain from Declaring China a Currency Manipulator in Pending Report

Breaking: ByteDance Takes Concrete Step Towards Hong Kong Listing

OPPO Joins Vodafone, Qualcomm and Ericsson to Establish Europe’s First Commercial 5G Standalone Network

Huawei to Devote $1 Billion to Smart-Vehicle Sector in Bid to Weather US Sanctions

Le.com and Jia Yueting Are Fined 481 Million Yuan ($73 Million) for Financial Fraud

Ant Group Promises Anti-monopoly Reform following Chinese Government Crackdown

Redmi’s First Gaming Smartphone to Launch This Month, May Feature Dimensity 1200 Chipset

Pandaily's Digest #20210412

Chinese Regulators Issue a $2.8 Billion Fine Against Alibaba for Violating Anti-Monopoly laws

China VC Weekly: Risk Management, Medicine and Architectural Tech

Chinese Grocery Start-up MissFresh Privately Submitted Prospectus to SEC

58.com CEO Calls for Four Billion Yuan Anti-monopoly Fine on Beike

Pandaily's Digest #20210409

Chinese Discount Retailer Vipshop in Hot Water After Being Accused of Selling Fake Gucci Belts

Huawei Launches Tree-Planting Public Service Campaign in Gansu Province

Xpeng to Build Factory in Wuhan With Annual Capacity of 100,000 Units

TuSimple to Go Public as a Self-Driving Company, Revenue to Be Largely Derived from AFN

Tesla Says Its In-Vehicle Cameras Aren’t Activated in China

Buffett-Backed BYD Introduces Four Electric Vehicles Equipped with Blade Battery

The Rising Ride of Women EdTech Leaders

Pandaily's Digest #20210402

ByteDance Said to Consider IPO for Douyin in Hong Kong or New York, Increasing Its Valuation to Nearly $400 Billion

China Esports Weekly: VSPN Acquires Livestreaming Talent Agency Famulei, Exxon Mobil Brand Sponsors League of Legends Pro League

Chinese Provider of Mobile Charging Devices Energy Monster Debuts on Nasdaq as “EM”

Evergrande EV Aims to Enter Mass Production Stage in 2022

Nio, Xpeng Score Record Deliveries in Q1

Suning Empowers Small and Micro Business Owners with Pioneering Retail Cloud Stores

Realme Unveils GT Neo Gaming Phone with Dimensity 1200 Chipset

Self-driving Truck Technology Firm Plus Raises $220 Million in New Funding

Pandaily's Digest #20210331

China VC Weekly: EVs, Biotech and Logistics

Geely to Establish Aerospace Company in Guangzhou, Aiming to Develop Satellites and Communications Equipment

More than 600 Million Yuan to Be Invested in Safety Over Next Two Years: Zhou Shengfu, CEO of Lalamove

Xiaomi Launches Its First Foldable Phone Mi MIX FOLD with Liquid Lens

Dreame Technology Announces Launch of Innovative Cleaning Products at AWE 2021

Buffett-Backed BYD Releases Strong 2020 Financial Results as New Energy Vehicle Sales Hits Record High in China

Xiaomi Confirms It Will Spend $10 Billion On Building its Own Electric Cars

Pinduoduo Leadership Change a Shot in the Arm for Corporate Governance

FlashEx Secures USD 125 Million in Series D2 Round

Tencent to Equip Audi Cars with In-Car WeChat, QQ Music in New Partnership

Xiaomi Unveils Rest of Mi 11 Series Lineup Including Mi 11 Ultra with Second Display Next To Rear Cameras

Pandaily's Digest #20210329

Huawei Obtains Vital Mobile Payment License Through Acquisition of Sharelink

NIO Temporarily Suspends Production for Five Working Days Due to Semiconductor Shortage

Chinese Central Bank Official Calls for Greater International Oversight of Digital Currencies

China’s F1 Hopeful Zhou Guanyu Claims his First 2021 Formula 2 Win in Bahrain

Meituan Expects More Red Ink in 2021 Following Expansion of Community Group Buying Business

Pandaily's Digest #20210326

China Esports Weekly: ByteDance Acquires Game Publisher Moonton, Morris Garages Partners With Bilibili Esports

Xiaomi to Start Making Electric Vehicles at Great Wall Motor Plant: Report

Hillhouse Capital Purchases Home Appliance Service of Philips for 34 Billion RMB

China’s Q&A Site Zhihu To Price US Listing at $9.5 Per Share, Sources Say

Chinese Social E-commerce App Xiaohongshu Hires New CFO From Citigroup

Two Days after Releasing its Beta Version, Alibaba Cloud Disk Soars in Popularity

Xiaomi’s President of International Business to Join Bytedance as CFO

OnePlus Releases its 9 Series and First Smartwatch

Pandaily's Digest #20210324

Chinese Regulators Clamp Down on Apps Collecting Excessive Personal Data

China VC Weekly: Autonomous Driving, Battery Health, Drones and More

At the Right Place, At the Right Time: How Baidu is Cementing its Position as a Leading AI Company

S&P Dow Jones Indices to Approve Xiaomi Index Re-inclusion after US Investment Ban Halted

Kuaishou Issues Music Copyright Settlement Standards for Short Videos and Live Broadcasts

Tencent Music, Warner Music Launch New Joint Record Label in China

Xpeng Kicks Off ‘Longest Autonomous Driving Challenge’ in China

China Now Has a Trust Issue with Tesla over Spy Concerns

Intel China Faces Backlash after Removing Female Standup Comedian from Marketing Campaign

Chinese E-cigarette Stocks Slump Following Proposed Regulation

Bilibili Set to Raise $2.6B in Secondary Hong Kong Listing at HK$808 Per Share

Kuaishou Reports Jump in Revenue, E-Commerce Growth in First Results Report Since Mega IPO

Baidu Has Spent Over $15 Billion on Research in the Past Decade, CEO Declares in Letter to Shareholders

Pandaily's Digest #20210322

Online and Offline Realms Have Fused: Chen Lei, Chairman of E-commerce Leader Pinduoduo

Fova Energy Completes Seed+ Financing Round, Raising Millions of US Dollars

Apple Must Make Critical Decisions as Chinese Mobile Apps Challenge New Privacy Rules

Great Wall Motors to Establish TANK as an Independent Off-Road Vehicle Brand

Pandaily's Digest #20210319

Alibaba, Tencent, ByteDance Summoned by Chinese Internet Regulator over Voice Software and “Deep-fake” Technology

Xiaomi Reportedly Preparing Electric Car Project that Could Launch as Soon as April

China Esports Weekly: League of Legends Development League Suspended For Match-Fixing Allegations, eStar Victory Five Esports Group Partners With Newzoo

Chinese Carmaker SAIC Teams Up with Lidar Specialist Luminar to Make New Self-Driving Cars

Chinese Software Company Tuya Raised $915 Million from the U.S. Stock Market

Bilibili Sued by iQIYI Before its Hong Kong Second Listing

Global Chip Shortage to Interrupt Volvo’s Production in China and the US

HUAWEI Launches IdeaHub Board for Android, to Work with HarmonyOS and Windows

Pandaily's Digest #20210317

Huawei to Charge Apple and Samsung Royalties for Access to Its Wireless 5G Patents

ByteDance to Begin Making AI Chips Amid Tech War and Global Semiconductor Shortage

Ten Chinese Tech Companies Fined for Violation of Antitrust Laws

Breaking: Simon Hu Steps Down as CEO of Ant Group

Vivo Sub-Brand iQOO Launches Neo5 Gaming Phone with Upgraded Display Performance

Tencent-Backed Beike Shows Strong Performance for Fiscal 2020

Hong Kong Film “Better Days” Nominated for Oscar

Ford, Infiniti and Alibaba’s UC Browser Denounced for Unfair Practices on Chinese Consumer Rights TV Show

Baidu Tests Paid Driverless Taxis in Chinese City

China VC Weekly: Bodybuilding, Property Trading and more

Wanda Group Gives Up Majority Stake in AMC Theatres

Xiaomi Shares Surge After US Court Suspends Investment Ban

XPeng Receives 500M Yuan in Funding From Guangdong Government

Prospective Chinese Olympian Eileen Gu Wins Second Gold Medal at World Championships

Honor Could Unveil “True Flagship” Smartphone with Snapdragon 888 Chipset in July: Report

Chinese Power Bank Rental Company Energy Monster Sets Sights on US Listing

Pandaily's Digest #20210312

JD.com Reports Impressive Fourth Quarter, Crediting China’s Strong Post-Pandemic Rebound

Chinese Scientists Invent Illuminating Fabric That Can Display Text

VC Investment into Chinese EdTech Startups Must Address Systematic Shifts in Education

China Esports Weekly: Chinese Sports Media Titan Sports Joins Peace Elite League, Chinese Celebrity Zitao Huang Invests in GK Gaming

Baidu Plans to Raise up to $3.6 Billion in Hong Kong Secondary Listing

Oppo Unveils Flagship Find X3 Pro with 10-bit Color Engine

Regulators Consider Raising Threshold for Tech Companies Seeking IPOs on Shanghai’s STAR Board

Asus Unveils Gaming Smartphone ROG Phone 5 with 18GB of RAM, Snapdragon 888 Chipset

Tesla Responds to Braking System Failure Controversy in China Amid Social Media Frenzy

Pandaily's Digest #20210310

China VC Weekly: Batteries, Luxury and Healthcare

IMAX Signs Deal With Broadway Studios to Open Four New Theaters in Shanghai

Pinduoduo Partners with Midea to Offer A Million Customized Washing Machines

Baidu Passes Hearing for Secondary Listing in Hong Kong

Chinese Electric Vehicle Maker Xpeng Narrows Loss in Q4, Will Launch Second Sedan in June

Meitu Under Fire After Investing $40M in Crypto

DJI Technology Remains Positive in its North America Operations Amid Ongoing Geopolitical Tensions

OnePlus 9 Series to Launch on March 23 with “Revamped” Camera System from Hasselblad Tie-up

Xiaomi Rumored to Unveil First Foldable Phone in April, Mi 10S Confirmed to Launch on March 10

Pandaily's Digest #20210305

Baidu Obtains Green Light for Secondary Listing in Hong Kong

Cautious Optimism in Beijing as Authorities Set 2021 Growth Target of ‘Over Six Percent’

China’s Top 100 Businesswomen of 2021: Wang Laichun, Founder of Electronics Supplier Luxshare, Takes Top Spot

Realme Launches $430 Flagship GT 5G with Snapdragon 888 Chipset

China Esports Weekly: Former League of Legends Player Uzi Joins Elephant Goose Media, Tencent Announces $260K Teamfight Tactics Competition

Luxury Brands Go Digital in China: What Are the Major E-Commerce Trends in 2021?

TikTok Owner ByteDance Invests $25M in Self-Driving Startup QCraft: Report

Five Chinese Group-Buying Platforms Fined 6.5M Yuan ($1M) for Improper Pricing

China’s Ed Tech Unicorn Zuoyebang Named in MIT Technology Review’s 2021 Top 10 Breakthrough List

Perfect Diary’s Parent Yatsen to Acquire Eve Lom in Pursuit of A Multi-brand Strategy

Gearing up for a Big Leap, China Prepares to Launch Central Module of the Tiangong Space Station

Pandaily's Digest #20210303

DJI’s New First-Person View Drone Promises 4K Video, Full Immersive Flight Experience

Pinduoduo Doubled Value of Agriculture Business in 2020

Baidu Registers Electric Vehicle Firm with 2 Billion Yuan, Officially Kicking Off New Venture with Geely

Tencent Unveils Four-legged Robot Dog That Can Run, Jump and Do Backward Somersaults

China VC Weekly: Semiconductors, Auto Solutions and More

Xiaomi Revives MiTalk as Audio Chat App Amid Concerns Raised Over China’s Clubhouse Clones

Alibaba’s Cainiao Leads E-Commerce Expansion in Europe and the Middle East

Suning Sells 23% Stake to State-owned Investors, Raising 14.8 Billion Yuan

Make Mixed Reality for Everyone: Interview with Nreal CEO Xu Chi

Inner Mongolia to End Crypto Mining by April in Bid to Reduce Energy Consumption

Pandaily's Digest #20210301

Huawei Denies Electric Vehicle Rumors, Will Assist Manufacturers to Improve Cars Instead

Pinduoduo Leads Farm-to-Table Movement in China

As Maritime Shipping Rates Skyrocket, Eurasian Rail Freight Networks Offer Alternative

Pandaily's Digest #20210226

Tim Hortons China Completes New Fundraising Round, Two Years After Entering Market

Expensive “Chinese Antique Fruit Basket” Sold on Amazon Turns out to be Chamber Pot

Xiaomi Unveils Redmi K40 Series with Snapdragon 888 Chipset

ByteDance Agrees to $92 Million Settlement in US TikTok Privacy Lawsuits

China Esports Weekly: Chinese Government Releases Qualification Standards for Esports Professions, Morris Garages Sponsors Bilibili Gaming

Bilibili Shares Jump after Releasing Financial Results

Geely and Volvo Abort Merger, Will Set Up New Company to Combine Powertrain Units

Pandaily's Digest #20210224

Death of Female Passenger During Huolala Van Ride Sparks Viral Reaction

Clubhouse Copycats Arise in China Following Ban of Audio Chatroom App

Oppo Launches Flash Charging Project at Mobile World Congress

Power Bank Sharing Company Energy Monster Raises $300M and Aims for US IPO

Huawei Announces New Foldable Mate X2, HarmonyOS to Replace Android on Flagships from April

Pandaily's Digest #20210222

Race for Dominance in China’s Electric Car Industry Heats Up Amid Flurry of Tie-ups between Tech Giants and Automakers

Genki Forest Enters Coffee Market to Become the Biggest Shareholder of Never Coffee

Ep. 81: What it takes to win in China

Changsha Milk Tea Brand Faces Backfire from Sexist Advertising

Mobike Co-founder Xia Yiping Confirmed as CEO for New Baidu-Geely EV Company

Staying Put or Going Home: How the Pandaily Team Celebrated Chinese New Year in Seven Different Cities

Bilibili Influencer Interviews Apple CEO, Revealing Which iPhone Features Were Inspired by Chinese Users and More

PPLive Announces Suspension of Serie A Rights Deal as China’s Major Sports Media Platforms Undergo Business Overhaul

Food Delivery Service Ele.me Faces Harsh Criticism due to Reportedly Unreasonable Reward System Amid Spring Festival

Geely to Set Up New Electric Vehicle Sales Unit: Report

Pandaily's Digest #20210219

InsurTech Startup Waterdrop Set For US IPO, Latest Valuation Hitting Tens of Billions of Dollars

Baidu Appoints Mobike Co-founder Xia Yiping as CEO for New EV Firm: Reports

Pinduoduo Finally Turned us into Couch Potatoes by Offering Nonstop Logistics Services amid Spring Festival

Not a Fail: A Pivot in Localization Strategy is Behind McDonald’s Chinese Burger and KFC’s Hot-dry Noodles

Baidu Reveals 2020 Q4 Financial Results, Showing Strong Growth in Cloud Services

China’s Cancer Screening Pioneer New Horizon Health Raises HK$2.42 Billion in Hong Kong IPO Debut

Secondhand but Grand: The Craze of Trading Pop Mart Blind Boxes in China

China Esports Weekly: Beijing Universal Resort Partners With Tencent, League of Legends Wild Rift Receives Game Approval

From High School Dropout to Guinness World Record Holder: How Chinese Vlogger Li Ziqi Teaches Millions to “Live with the Earth”

Bilibili Boycotted by Several Business Partners as Criticism Mounts Over Offensive Content

China VC Weekly: Keppel Capital’s New Fund, Pony.ai’s Lofty Valuation and More

Huawei Will Never Sell Its Smartphone Business: Founder Ren Zhengfei

Clubhouse Banned in Mainland China

Kuaishou to Issue 100 Shares to Each Eligible Employee After Spring Festival

Chinese Officials Summon Tesla Over Quality and Safety Complaints

Pinduoduo Finally Turned us into Couch Potatoes by Offering Nonstop Logistics Services amid Spring Festival

Pandaily's Digest #20210208

China Regulator Fines Vipshop 3 Million Yuan for Unfair Competition Following Probe

PDD Reveals Top-Selling Products Amid Chinese Lunar New Year

China’s Anti-Monopoly Watchdogs Issues New Rules to Tech Giants For Fairer Market Play

Huawei Could Hand Out 40 Billion Yuan in Cash Dividends to Staff: Report

TikTok Plans to Enter E-Commerce Business in 2021 with Livestream Shopping

Debt-ridden LeTV Adds Debt Total to App Icon Amid Lunar New Year Red Envelope Fever

Top Three Video Streaming Giants Co-Host First Virtual Cinema Project in China Amid Spring Festival

China Approves Sinovac Covid-19 Vaccine For Mass Rollout

Pandaily's Digest #20210205

China Esports Weekly: TCL Sponsors League of Legends Pro League, Chinese Chat Service TT Yuyin Closes $100M Series B Financing Round

Xiaomi Reveals Entirely Port-free Mi MIX Series Concept Phone with Quad-curved Display

EV Maker NIO to Spend $850M to Purchase 3.305% of Subsidiary

Alibaba Group Announces Offering of $5B Senior Unsecured Notes

Kuaishou Shares Jump 194% in Hong Kong Trading Debut

Former LeVision Pictures CEO Zhang Zhao Dies at 58

Police Detained Piracy Suspects from China’s Largest Subtitling Site Renren Yingshi

Tesla’s New Supercharger Factory Begins Production in Shanghai

Pandaily's Digest #20210203

ByteDance’s Douyin Sues Tencent for Monopolistic Practices on WeChat and QQ

Pinduoduo Partners with Fertilizer Giant to Kick Off Horticulture Fad

JD Logistics To File for Hong Kong IPO This Month: Reports

Newcomer Clubhouse Could Face Tough Competition from Chinese-backed Social Audio Apps

Education Ministry’s Proposal to “Man Up” Boys Draws Severe Backlash

Alibaba Group Announces Revenue of $33.9B in Latest Quarterly Results

Baidu on Hiring Spree in China for New EV Firm with Geely: Reports

37 Chinese Mobile Games Revenue Exceeds $100M Overseas in 2020: Report

China VC Weekly: $7M for Nothing, K12 EdTech Financing and More

Tesla Apologizes For Blaming Charging Failure on China’s State Grid

Xiaomi Sues US Government Over Trump’s Investment Ban

Embezzlements of $10B Disclosed in Three HNA-linked Firms as Group Faces Bankruptcy

Tencent Music Entertainment Group Acquires Additional Equity Interests in Universal Music Group

Kuaishou Hit by Music Copyright Dispute Ahead of Hong Kong Listing

Pandaily’s Digest #20210201

Pandaily’s Digest #20210129

Ant Group’s Micro-Lending Platforms Adjust Quota Management Functions

Pinduoduo Reveals China’s Rising “Single Economy” Amid Lunar New Year Season

And Then There was One: How Chinese Messaging Apps Tried — and Failed — to Challenge WeChat’s Iron Grip on Social Networking

EV Maker Faraday Future Goes Public on Nasdaq via Merger with PSAC

China’s Leading Ride Hailing Platform DiDi Releases “2020 in Numbers” Report

Fruit Merging Game Goes Viral on WeChat, Taking up Screening Time

Jihan Wu Resigns as Bitmain CEO to End Power Struggle with Micree Zhan

ByteDance to Cut India Workforce due to TikTok Ban

Alibaba-backed AutoX Rolls Out Fully Driverless Robotaxis in Shenzhen

Pandaily’s Digest #20210127

OnePlus Co-founder Carl Pei Obtains $7M Financing For New Startup Nothing

How a Game of Role-Playing Murder Mystery Became a Huge Hit in China?

Chinese EV Maker XPeng “Not Affected by Chip Shortage”, Aims to Launch New Model in Q4

President Biden Reviews US-China Relations and Huawei Dispute

ByteDance’s Douyin Becomes Exclusive Red Envelope Interactive Partner of 2021 Spring Festival Gala

Faraday Future in Funding Talks with Geely, Evergrande to Push EV Production in China

China VC Weekly: Lalamove’s Big Move and More

K12 Education Company Huohua Siwei Finishes Series E Financing, Raising Over $400M

India Permanently Bans 59 Chinese APPs Including Tech Giants TikTok and Wechat

Huawei Denies Plans to Sell Mobile Phone Business

Pandaily's Digest #20210125

Surrogacy Once Again Under Fire in China While Borderline Illegal Business Booms

Short Video App Kuaishou Seeks up to $5.4B in Hong Kong IPO

Academia Fires Back after MIT Professor Chen Gang Arrested for Failing to Disclose China Ties

Chinese Self-driving Solutions Startup UISEE Draws 1B yuan in New Funding Round

Chinese E-cigarette Company RELX Debuts on NYSE, Market Value Reaches $45.8B

Pandaily's Digest #20210122

What does the 2020 Bilibili Influencers Report Say About China’s Millennials?

Honor V40 with 50MP Camera, MediaTek Chip Sells Out within Minutes after Launch

Vendors on E-commerce Site Pinduoduo Under Fire for Selling Live Puppies in Mystery “Blind Boxes”

China’s Leading Mobile Transportation Service DiDi Launches Global Vaccination Support Fund

VSPN Raises $60M Series B+ Financing Round

Shenzhen Launches Third Round of Digital Currency Pilot Testing, Issuing 20M E-Yuan

China’s Central Bank Proposes Antitrust Rules for Country’s Booming Online Payments Sector

Logistics Firm Lalamove Close to Raising $1.5b in Fresh Funding, Reaching $10b Valuation: Report

Pandaily's Digest #20200120

Alibaba’s Cainiao Offers Nonstop Logistics Services amid Chinese New Year Festival

Alibaba Wins 432,000 yuan in Damages in Music Copyright Lawsuit against Tencent

Geely Teams Up with Tencent to Develop Self-Driving, Smart Car Technologies

Alibaba’s Tmall Global Ramps up Support for Foreign Brands Localizing in China

Could Baidu and Geely’s Tie-up Challenge Tesla’s Dominance in China?

iQIYI Breaks Barriers in Viewer Interaction and Holds World’s First Multi-Screen Interactive Livestreaming Gala

Tesla begins deliveries of China-made Model Y SUV

TikTok Owner ByteDance Unveils E-payment Service Douyin Pay in China

Pandaily's Digest #20210118

China VC Weekly: E-sports, Autonomous Driving and More

ByteDance’s Douyin Releases 2020 White Paper on Travel Vloggers

90% of Surveyed Airbnb China Hosts Willing to Host in 2021: Report

Trump’s Cold War with China’s Huawei Halts Intel’s Supply to the Telecom Giant

Bilibili Presents China’s First Virtual Idol Musical Film

Pandaily's Digest #20210115

VSPN Acquires Banana Gaming & Media, Names Sicong Wang as Vice Chairman of Strategy Committee

Innovative Technology Company Rokid Unveils Its Latest MR Glasses Rokid Vision 2

Opportunities and Challenges for Chinese Cross-Border E-Commerce: Interview with DHgate’s Founder Diane Wang

Xiaomi Among Nine More Firms US Adds to Chinese Military Blacklist

Kuaishou Passes HKEX Hearing, Plans to List in Hong Kong on Feb. 5

Annabel Yao, Daughter of Huawei Founder Ren Zhengfei, Makes Artist Debut in China

Chinese Drone Giant DJI Denies Setting up New Team to Develop Self-driving Tech

Bilibili Esports Raises 180 Million Yuan in its Initial Round of Funding

Chinese Auto-Driving Company WeRide Raises $310M in Series B Financing Deal Led by Yutong Group

Pandaily's Digest #20210113

TOP 10 Chinese Smartphone Companies Going Global in 2020

Nio’s Solid-state Battery Arrival in 2022 “Unlikely”: Experts

Three U.S.-Listed Chinese Tech Firms to Seek Secondary Listings in Hong Kong

Lenovo to Issue CDRs, Planning to List on STAR-Market, Shares Soar 15%

PayPal to Enter China’s Online Payment Market

2020 TOP 10 Chinese E-commerce Platforms Overseas

2020 TOP 10 Chinese Mobile Apps in Overseas Markets

Top 10 Chinese Mobile Games Overseas in 2020

China’s Leading Medical Supply Firm’s Ad Accused of Sexism

Is Online Tutoring in China Here to Stay?

OnePlus to Sponsor Suning Esports League of Legends Pro League Team

Chinese EV Maker Nio Shares Surge 14% to Hit $100 Billion Market Valuation Following ET7 Sedan Debut

JD.com Establishes Technology Unit as Fifth Subsidiary

Pandaily's Digest #20210111

China VC Weekly: HR, AI and Plant-based Meat

NIO Reveals Its First Electric ET7 Sedan to Compete with Tesla

Didi Chuxing and Huaxiaozhu Fined 1.41M Yuan Amid China’s Tightening Covid Prevention

Alibaba’s Parcel Delivery Service Cainiao Guoguo Saw a 20% Surge in Daily Delivery Volume in 2020

China’s Most Popular Fitness App Keep Valued at $2 billion Following New Funding Round: Reports

Baidu to Launch Intelligent Electric Vehicle Company with Geely

Shenzhen to Host 2021 League of Legends World Championship Finals

Pandaily's Digest #20210108

ByteDance’s Feishu Banned on Tencent’s WeChat, Feud Escalates Between Two Internet Giants

Shenzhen Futian Distributes 20 Million Digital Yuan in Red Envelopes

Behind China’s 996 Overwork Culture: Shentong Express Fires Employee who Refuses to Work Overtime

Chinese Scientists Develop Gene-edited Sheep to Help Boost Mutton Output

Realme V15 Launched with Dimensity 800U, 64MP Triple Camera, Priced at 1,499 Yuan

Luckin Coffee Faces Internal Strife, CEO Guo Jinyi Urged to Step Down

China Tops North America as World's Largest Movie Market Amid Pandemic

Baidu Releases World’s First Robotaxi Technical Standard for Commercial Operations

Huawei Spin-off Brand Honor Working with Qualcomm to Launch New 5G Phone in Coming Months: Reports

China Vows to Safeguard the Legitimate Rights of Banned Chinese Apps in America

In About-turn, NYSE Reverses its Decision Again to Delist Chinese Telecom Firms

Pandaily's Digest #20210106

“Removal of Phone Charger Was My Idea”: Xiaomi CEO Jun Lei

Chinese Edtech Startup Zuoyebang Obtains $1.6B in funding, Reigning Over Online Tutoring Market

Chinese Video Platform Bilibili May Look to Launch Own E-payment Service

Trump Blocks U.S. Transactions with Eight Chinese Apps, Including Alipay and WeChat Pay

Chinese Video Platform Bilibili Eyes $2 billion in Secondary Hong Kong Listing: Report

Alibaba’s Music App Xiami Announces it will Shut Down in February

NYSE Backtracks on its Decision to Delist Major Chinese Telecom Firms

Pandaily's Digest #20210104

Huawei Must Scale Back Businesses, Focus on Cloud Services: Founder Ren Zhengfei

Swedish Telecom Giant Ericsson Pressures Government to Overturn Huawei Ban

Didi Prepares to Raise over $60B for 2021 Hong Kong IPO

Leaked Huawei P50 Pro Render Hints at Curved Display, Single Punch-hole Camera

Xpeng and NIO Announce Annual Vehicle Delivery Results, Both Set New Records

China VC Weekly: Robots, Art Education and Milk Tea

Over One-Third of the Global Industrial Robots Were Manufactured in China

China Opposes ‘Political’ NYSE Delistings of Major Telecom Firms, Says Impact ‘Limited’

Anticipating the Future of Mobility: Why You Could (and Should) Ride High on Apple and Baidu’s Electric Car Ambitions