(Source: Pandaily)Recently, there have been rumors that the ‘iPhone 16 may not support WeChat.’ Apple’s technical consultant for China stated that they are currently in discussions with Tencent regarding the app store commission. Link
(Source: ithome)ByteDance Reportedly Seeking a $9.5 Billion Loan
ByteDance is reportedly seeking a loan of $9.5 billion, poised to be the largest dollar-denominated corporate loan in Asia, excluding Japan. Link
Honor and Zhipu AI Form Partnership to Advance AI Technology in Smart Devices
On September 4th, Chinese AI start-up Zhipu AI and smartphone manufacturer Honor officially announced that they had signed an agreement to establish a joint laboratory focusing on large-scale AI model technology. Link
Changan Automobile Officially Establishes German Subsidiary in Munich
Changan Auto’s German subsidiary will focus not only on sales, marketing, and services, but also on customer insights, market research, technical regulations, regulatory certifications, and product localization. Link
Colliding with Apple, Huawei Announces A New Product Launch Conference on September 10
Huawei’s press conference collides with Apple’s iPhone 16, Richard Yu asserts, ‘We will launch groundbreaking products that others have thought of but cannot achieve.’ Link
Hive Box Plans Hong Kong IPO: Accumulated Losses Over Three Years Exceed 3.7 Billion Yuan
Hive Box, a Chinese logistics company, officially submitted its prospectus to the Hong Kong Stock Exchange on August 30, with Huatai International serving as the sole sponsor. Link
JD.com Initiates Global Expansion, Launches “Global Sales” in Four Countries
Chinese e-commerce giant, JD.com, has newly launched its global sales business in the United States, Japan, Singapore, and Malaysia. Link
French Billionaire Xavier Niel Joins ByteDance’s Board of Directors
French billionaire and founder of Iliad Telecom Group, Xavier Niel, has joined ByteDance’s board. Link
“Chinese Nvidia” Xiangdixian Responds to Dissolution Rumors: Currently Undergoing Staff Optimization
Xiangdixian acknowledged that they are indeed “facing certain market adjustment pressures,” but emphasized that they had not taken steps toward dissolution or liquidation. Link
MiniMax Releases Its First Text-to-Video Model
On August 31, startup company MiniMax launched its first video-generating large model. Link
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