Pandaily, Author at Pandaily

Look Into ByteDance’s Gaming Unit Nuverse

ByteDance's product launches are highly data dependent, with test results determining which features go live and algorithms determining which videos users see. When it comes to games, however, there are many more than just these factors.

Rape Allegation Involving JD.com Founder Richard Liu Ends With Settlement

A rape allegation involving Richard Liu, founder of Chinese e-commerce giant JD.com, has finally come to an end. The lawyers of both sides issued a joint statement showing that they had reached a settlement.

ByteDance Pursues Further Layout in Medical Field

ByteDance's healthcare business is stepping into an accelerated period of resource integration, and a huge healthcare ecosystem is slowly forming.

Mobile Social Company Asia Innovations Group to Go Public in US via SPAC Merger

On September 30, Asia Innovations Group Limited (AIG), a Singapore-based mobile app developer, announced that it had signed a business merger agreement with Magnum Opus Acquisition Limited (NYSE: OPA), a special purpose acquisition company (SPAC).

Battery Giant CATL Supports IPOs of Raw Material Suppliers

With the development of the new energy vehicle market, the number of listed enterprises with operations in the lithium industry is increasing. As a global battery leader, CATL has supported the public listing targets of its own raw material suppliers.

China’s Farmers Leverage Village Live-Streaming to Boost Rural Economy

More than 10,000 livestreamers in China’s rural areas participated in Alibaba's a week-long livestreaming Harvest Festival, driving its local economy with the leverage of the trending technology.

CATL Subsidiary Plans New Lithium Salt Project

A subsidiary of Chinese leading battery maker CATL has planned a new lithium salt project that could house as much as 110,000 tons in Longyan City, Fujian Province.

NIO Starts Delivery of ET5

NIO's second sedan ET5 officially started delivery in cities including Shanghai and Suzhou. Aiming at the pure electric, mid-sized luxury vehicle market, the ET5 will compete against products such as the Tesla Model 3 and BMW 3 Series.

Xiaomi Auto Reshuffles Senior Management Team

Xiaomi Auto has reshuffled its two key executives, giving the product division that was under Vice President Li Xiaoshuang, who is now based in Shanghai in charge of the company's supply chain, to Vice President Yu Liguo.

Li Auto Launches L8 Pro/Max SUVs, Starting From $50.7K

On the afternoon of September 30, Chinese new energy vehicle firm Li Auto held a product launch event for the highly-anticipated Li L8 SUV.

China’s Geely Buys 7.6% Stake in Aston Martin

Leading Chinese car manufacturing group Geely announced on September 30 that it had completed its acquisition of a 7.60% stake in British luxury marque Aston Martin.

XPeng’s X2 Flying Car to Make Maiden Public Flight in Dubai

XPeng Aeroht, a flying car company owned by XPeng Motors, announced on September 30 that its X2 model has recently obtained its first overseas public flight permit in Dubai. From October 10 to October 14, the X2 will also debut at the 42nd GITEX GLOBAL exhibition and conference.