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Everything about China's Innovation

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MiniMax Releases Its First Text-to-Video Model

MiniMax Releases Its First Text-to-Video Model

On August 31, startup company MiniMax launched its first video-generating large model.

AI Sep 02September 2, 2024
Pandaily
Alibaba Concludes Three-Year “Rectification” Process, States it as a “New Starting Point for Development”

Alibaba Concludes Three-Year “Rectification” Process, States it as a “New Starting Point for Development”

On August 30, China's market regulation authorities issued a statement announcing that Alibaba Group has successfully completed a three-year rectification process, "achieving positive results".

News Aug 30September 2, 2024
Pandaily
BYD Launches Massive Recruitment at Shenzhen Plant Amidst Ongoing Talent Gap in the Industry

BYD Launches Massive Recruitment at Shenzhen Plant Amidst Ongoing Talent Gap in the Industry

Recently, BYD launched a significant recruitment drive, aiming to hire 10,000 operators and technicians at its Shenshan Auto Industrial Park.

News Aug 30August 30, 2024
Pandaily
The Claim that ‘NetEase Sued Blizzard and Won in the First Trial’ Is Not True

The Claim that ‘NetEase Sued Blizzard and Won in the First Trial’ Is Not True

'NetEase won the first instance lawsuit against Blizzard' is not accurate; the case has not entered the substantive trial stage of the first instance, and there are currently no other legal disputes between the two parties.

News Aug 30August 30, 2024
Pandaily
Li Xiang Acknowledges Li MEGA’s “Appearance Issues” for the First Time

Li Xiang Acknowledges Li MEGA’s “Appearance Issues” for the First Time

Li Auto will solve the appearance issues of battery electric products while providing users with over 2,000 supercharging stations upon delivery. It hopes to enter the first tier of high-end pure electric products within two years.

Auto Aug 30August 30, 2024
Pandaily
SHEIN Officially Announces Its Entry into the Colombian Market

SHEIN Officially Announces Its Entry into the Colombian Market

The Chinese cross-border e-commerce fashion brand SHEIN has officially announced its entry into the Colombian market.

Cross-border Aug 30August 30, 2024
Pandaily
Former 01.AI Core Member Joins ByteDance’s AI Team Amidst 01.AI’s Strategic Refocus

Former 01.AI Core Member Joins ByteDance’s AI Team Amidst 01.AI’s Strategic Refocus

In response to the news of core member Huang Wenhao joining ByteDance, 01.AI stated that the company structure has been adjusted recently to focus more on the company's business.

AI Aug 29August 29, 2024
Pandaily
Uber CEO and Senior Executives Visit BYD Headquarters

Uber CEO and Senior Executives Visit BYD Headquarters

Several senior executives from Uber have recently visited BYD's global headquarters and thoroughly discussed cooperation related to global low-carbon travel.

News Aug 29August 29, 2024
Pandaily
India’s Tata Motors to Purchase Batteries from Chinese Enterprises

India’s Tata Motors to Purchase Batteries from Chinese Enterprises

Tata Motors, India's largest integrated automobile company, will purchase electric vehicle batteries from Chinese enterprises to resolve performance issues and achieve supply and technological diversification.

News Aug 29August 29, 2024
Pandaily
ZEROG Completes Nearly 100 Million RMB Round A Financing, Focusing on eVTOL Project

ZEROG Completes Nearly 100 Million RMB Round A Financing, Focusing on eVTOL Project

Chinese eVTOL aircraft developer Zerog has completed nearly 100 million yuan round A financing.

News Aug 29August 29, 2024
Pandaily
UK E-Commerce Platform Fruugo Opens for Chinese Sellers

UK E-Commerce Platform Fruugo Opens for Chinese Sellers

UK e-commerce platform Fruugo announced that it will hold its first seller conference to relaunch the Chinese market on September 12, during which it will officially restart its recruitment.

Cross-border Aug 29August 29, 2024
Pandaily
BYD Seal 06 GT Officially Announced to Debut on August 30

BYD Seal 06 GT Officially Announced to Debut on August 30

The BYD Seal 06 GT will officially debut at the Chengdu Auto Show on August 30.

Auto Aug 29August 29, 2024
Pandaily
XPeng Motors Successfully Develops In-House AI Chip, Applicable to Robots and Flying Cars

XPeng Motors Successfully Develops In-House AI Chip, Applicable to Robots and Flying Cars

XPeng Motors' "Turing chip", designed for large models, supports up to 30 billion parameters and can be used in robots, AI cars, and flying cars. It was successfully taped out on August 23.

Auto Aug 29August 29, 2024
Pandaily
BYD Involved in iPhone 16 Pro Production, Previously Invested Billions in Factory Acquisition

BYD Involved in iPhone 16 Pro Production, Previously Invested Billions in Factory Acquisition

BYD Electronics will reportedly supply the frame for the upcoming Apple iPhone 16 Pro, taking over from the previous supplier, Jabil's Chengdu operation.

News Aug 28August 28, 2024
Pandaily
Zhipu AI Announces the Free Release of the GLM-4-Flash Large Model

Zhipu AI Announces the Free Release of the GLM-4-Flash Large Model

Zhipu AI announced that the GLM-4-Flash large model is now freely available for use through the Zhipu AI large model open platform.

AI Aug 28August 28, 2024
Pandaily
TikTok Is Testing Local Lifestyle Services in Indonesia and Thailand

TikTok Is Testing Local Lifestyle Services in Indonesia and Thailand

TikTok is testing its local lifestyle business overseas, with the first stop being Southeast Asia. Currently, the business has launched in Indonesia and Thailand.

Industry Aug 28August 29, 2024
Pandaily
Didi Announces a 670 Million Yuan Investment in AutoAI Technology

Didi Announces a 670 Million Yuan Investment in AutoAI Technology

Didi will invest 670 million yuan in NavInfo's subsidiary, AutoAI Technology Co., Ltd., with equity and cash, taking a 16.46% stake.

Auto Aug 28August 28, 2024
Pandaily
ByteDance Establishes a Large Model Research Institute

ByteDance Establishes a Large Model Research Institute

Insiders reveal that several AI experts have already joined the large model research institute and will report directly to Zhang Yiming.

AI Aug 27August 27, 2024
Pandaily
Pinduoduo Prepares to Sacrifice Short-Term Profits for Long-Term Development

Pinduoduo Prepares to Sacrifice Short-Term Profits for Long-Term Development

Founder Chen Lei noted that Pinduoduo has entered a new investment phase, emphasizing that improving the ecosystem is a long-term endeavor.

News Aug 27August 27, 2024
Pandaily
Cross-Border Supply Chain Platform EasyYa Completes 150 Million RMB Financing

Cross-Border Supply Chain Platform EasyYa Completes 150 Million RMB Financing

Cross-border e-commerce boutique supply chain platform EasyYa recently announced the completion of 150 million yuan in financing.

Cross-border Aug 27August 27, 2024
Pandaily

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