(Source: Insta360)On August 15th, Insta360 founder Liu Jingkang voiced his frustration on social media over the lack of IPO approval since 2022’s on-site verification, seeking fair treatment from regulatory bodies. Link
(Source: Shutterstock)WeChat and Ant Group Bets on AI App Store, Giants Compete for ‘Apple Tax’
WeChat and Ant Group are both developing AI application platforms. Link
Farewell to Nokia: HMD to Officially Launch Its Own Brand in China
The brand licensing agreement between HMD and Nokia is due to conclude in 2026. After this, HMD will cease production of Nokia-branded smartphones and concentrate on developing its own brand. Link
“Chinese Vision Pro” Revealed: Two Models With and Without Camera, Target Yearly Sales of 500,000 Units
In February, Emdoor Virtual’s CEO, Shi Qing, did not shy away from talking about labels such as “low-end,” and “counterfeit,” and believed that low-priced products are not shameful. The company plans to ship 500,000 units this year. Link
TuSimple to Develop “The Three-Body Problem” Animation and Game, But Won’t Abandon Autonomous Driving
TuSimple officially announced its entry into the field of generative AI applications. The new “Generative AI” business unit has been established and has received unanimous approval from the group’s board of directors. Link
Audi and Huawei Partner to Integrate Smart Driving Solutions in Final Generation of Combustion Engine Vehicles
Audi’s final generation of combustion engine vehicles will feature Huawei’s smart driving solutions. Link
The First ONVO L60 Rolled Off the Production Line Today
On August 15, the first mass-produced ONVO L60 rolled off the production line at the NIO F2 factory, officially marked as ‘0000001’. Link
SHEIN Sets Up Supply Chain HQ in Guangzhou with 3.69 Billion Yuan Investment
SHEIN has plans to establish an intelligent warehousing logistics distribution park that will integrate various functions such as warehousing, stockpiling, picking, distribution, delivery, and settlement. Link
Donald Trump’s Magnetic Power Bank Attracts Attention in China
Chinese people have noticed that the power bank Trump used during the live broadcast was the AnkerMagGo, a product of the Chinese brand Anker Innovations. Link
Brian Niccol to Take Over as Starbucks’ CEO in September 2024; No Impact on China Business
Regarding the personnel changes at Starbucks, Starbucks China confirmed that “the personnel adjustments at Starbucks headquarters do not involve the Chinese market.” Link
In order to optimize your reading experience, articles linked in our newsletter have changed from those hosted at Substack.com to those on our own website at Pandaily.com. If you have any questions regarding this matter, please contact us at [email protected].
Discussion about this post
