News Briefing for 09/04/2020. The total market value for Xiaomi, Chinese smartphone and smart hardware manufacturer, reached HK$600 billion for the first time. And Xiaomi is also seeing huge progress in the European market, according to its CEO Lei Jun. Meanwhile at home, Tsinghua University ranked 20th in this year’s Times Higher Education World University Rankings, which makes Tsinghua the first Asian university to break into the top 20 list.
Sep 04, 2020•8 min
News Briefing for Sept. 2. Alibaba and YTO Express reached a strategic cooperation deal; Didi Chuxing upgraded its taxi business with Kuaidi for better taxi-hailing service. Meanwhile, Netflix just announced its plan to adapt the Chinese Sci-fi trilogy, the Three-Body Problem, with fans around the world excited about the announcement.
Sep 02, 2020•8 min
News Briefing for August 31. TikTok assets may not be sold under the new restrictions revised by China’s authorities, as the regulations require governmental approval on technology exports. The regulations post new threats for TikTok in the US as the Trump administration set a deadline for September 15 to sell or ban its service in the US. In today’s show, we will update you with details of TikTok’s battle on its survival in the U.S.
Aug 31, 2020•8 min
News Briefing for August 28. Chinese EV maker Xpeng Motors rang the opening bell at the New York Stock Exchange and saw a strong performance in trading. Meanwhile back home, BlueCity, the owner of China's biggest LGBTQ dating app Blued, said on Wednesday it had bought Chinese lesbian dating app LESDO. In today's show, we will bring you the latest.
Aug 28, 2020•7 min
News Briefing for August 26. TikTok has officially filed a federal lawsuit against the executive order from President Trump on a potential ban or forced sale of the company’s operations in the United State. In today’s show, we will break down the details of the case for you. Meanwhile back home, yesterday, August 26th, was the Qixi Festival, which is often referred to as ‘Chinese Valentine’s Day’. Like other festivals in China, Qixi is able to boom “romantic economy” every year, including the ho...
Aug 26, 2020•9 min
News Briefing for August 24th. TikTok’s parent company ByteDance will file an official federal lawsuit this week against the Trump administration and his executive order on banning the app in the U.S. Meanwhile back home in China, the fashion industry is developing the idea of “sustainability” amid the pandemic to make changes.
Aug 24, 2020•9 min
News Briefing for August 21. Tencent has hired its first lobbyist in Washington DC while the Trump administration has targeted WeChat in the U.S. At home here in China, people in Wuhan, the once epicenter of COVID19, celebrated an eye-catching pool party earlier this week. In today’s show, we will get you covered on the latest.
Aug 21, 2020•8 min
News Briefing for August 19. Chinese tech giant Baidu has now joined the competition to develop autonomous vehicles. One of our reporters was invited to take a ride on the roads of Changsha. In today’s show, we will hear from Isabel Wang about her experience with Baidu and her takeaways from Baidu’s attempt to enter the field of autonomous driving.
Aug 19, 2020•10 min
News Briefing for August 17. A recent promotional campaign by Pinduoduo (a Chinese e-commerce platform) mentioning Tesla garnered attention especially when Tesla denied its cooperation with the platform. In today’s show, we will discuss how the failure exposes some of the difficulties Pinduoduo has had with the brands they work with. Meanwhile, in today’s What’s up China, we will take a look at the limitations of some luxury brands as they try to decode and apply trends that work elsewhere in th...
Aug 17, 2020•8 min
News briefing for August 14. Tencent-backed housing platform, Beike Zhaofang, is set to complete the biggest initial public offering by a Chinese company in the US market despite rising hostility between the two countries and the tightening of securities regulations by the Trump administration. Meanwhile, in today’s What’s up China, we will look at online binge-eating shows that have taken hold on Chinese social media streams and are facing criticisms from officials due to the shows’ apparent di...
Aug 14, 2020•9 min
News Briefing for August 12. Tencent Music Entertainment Group and NetEase Cloud Music recently landed new cooperation with Universal Music Group. The new deal marked changes in the overall landscape of Chinese music streaming services. Meanwhile, as many foreign food brands continue to arrive in China, the local food industry witnesses changes as well. In today’s show, we will bring you up to date on both notable changes in the Chinese market.
Aug 12, 2020•10 min
News Briefing for August 10. TikTok now plans to file a federal lawsuit that challenges the legitimacy on the executive order from President Donald Trump on its forced sale or its otherwise potential ban. Furthermore, Twitter has reportedly joined the bid for the acquisition of TikTok and its U.S. operations, along with Microsoft.
Aug 10, 2020•10 min
News Briefing for August 7. The Trump administration has taken further steps on purging Chinese tech in the United States, including Tencent and its popular communication app, WeChat. In response, TikTok released a statement threatening to sue the administration. Meanwhile, U.S. Secretary of State Mike Pompeo updated the campaign called “the Clean Network” yesterday. These actions mark a sharp escalation in the conflict between the U.S. and China in recent years.
Aug 07, 2020•9 min
News Briefing for August 5. In today’s show, we will follow up with the responses and comments from ByteDance’s founder, Zhang Yiming, on this issue as he wrote two open letters to his staff to clarify the situation. Furthermore, TikTok is reportedly establishing an overseas HQ in London, according to multiple sources.
Aug 05, 2020•9 min
News Briefing for Aug 3rd. The following days may not be so great as TikTok's’s overseas crisis goes escalated over weekend. Faced with the risk of being banned in the American market, TikTok agreed to cut off its tie to ByteDance, as Microsoft continues its discussion on the acquisition of TikTok.
Aug 03, 2020•9 min
China Tech Briefing by Pandaily is a podcast that tells you about what is going on within the sphere of Chinese technology and beyond. To keep up with the rapidly changing China tech world, make sure you're listening to our show every morning on Monday, Wednesday and Friday. Today is Wednesday July 31. Following NIO's 1 billion IPO on Wall Street in 2018, another fast-growing EV maker Li Auto, which used to be known as Leading Ideal, made a stunning debut in Nasdaq yesterday, becoming the second...
Jul 31, 2020•10 min
News Briefing for July 29th. Recently, many Chinese tech companies are taking steps to delist from U.S. stock exchanges due to the impact of the Coronavirus pandemic and also the rising geopolitical conflicts between China and the United States. It is just such an uncertain time for all of us and we hope that good music will bring you some comfort. In today’s show, we will dive into Chinese Hip Hop culture, as Bilibili recently launched its own Hip Hop talent show. This kind of reality show has ...
Jul 29, 2020•10 min
Over the past weekend, Tencent and Alibaba were faced with more difficulties with their apps in India. The influence of the Indian government’s ban on Chinese apps is still lingering on, and the future seems to be rocky for the companies. Meanwhile, back home, Chinese netizens celebrated a live-streaming event on Sunday night. The event, on Kuaishou, was hosted by Jay Chou, a famous Chinese singer, and set a record of 68 million views during its 30-minute duration. In today’s show, we will get y...
Jul 27, 2020•10 min
News Briefing for July 24. China launched its first independent mission to Mars to showcase its ambition to explore deep space and as a progressive step to earn a place in the global space exploration community. Meanwhile, back down here on Earth, many countries are looking to penetrate the massive Chinese market, and a Japanese lifestyle store called Loft is one of them. The stores will arrive in major Chinese cities over the next few years and will bring more competition to their rivals Muji a...
Jul 24, 2020•10 min
News briefing of July 22. Ant Group is on strong footing this week with its recent and long-awaited announcement of its dual listing on both Shanghai and Hong Kong stock exchanges. At the same time, now that the impact of COVID-19 is gradually wearing off, the Chinese movie industry is seeing some hope as theaters are now reopening. In today’s show, we will get you up to speed on both pieces of news.
Jul 22, 2020•12 min
News Briefing for July 20. It has been a tough few weeks for TikTok. On today’s show, we will take a look at how TikTok is entangled amid increasing tensions in the battle of global technology and politics. In What’s Up China, we will introduce you to HeyTea’s recent launch of its health soda product and China’s calorie-free drink market as a whole.
Jul 20, 2020•10 min
News Briefing for July 17. In today’s show, we will take a look at the visa restrictions targeting Huawei’s employees and other Chinese tech companies. At the same time, after months of lockdowns because of the pandemic, next week Chinese movie theaters will finally be able to open up and welcome their guests. So in today’s What’s up China, we will dive into how the film industry in China can survive through this uncertain period and what the future may be.
Jul 17, 2020•9 min
News Briefing for July 15. In today’s show, we will cover the UK’s ban on Huawei from the country’s 5G network. In What’s Up China, we will introduce a few Chinese online rental platforms to help you make better decisions if you plan on living in China.
Jul 15, 2020•8 min
News Briefing for July 13th. In today’s show, we will cover the recent immigration regulations from the Trump administration targeting international students in the United States and its impact on numerous Chinese study-abroad students. A fellow journalist who recently reported on this issue will join us as well to share his insights. In What’s up China, we will dive into the dramatic ownership battle for Dangdang, a Chinese online bookseller.
Jul 13, 2020•14 min
News Briefing for July 10th. In today’s episode, we cover the debut performance of Chinese gay dating platform BlueCity on the Nasdaq Global Market, Tesla’s expansion plan in China, ByteDance’s new overseas headquarters, Huawei’s latest operation system, an acquisition of a Chinese co-working space provider UCommune, and Bilibili’s new B2B matchmaking platform. In What’s up China, we will share a childhood story of Kanye West and his experience living in China, as the American rapper has recentl...
Jul 10, 2020•11 min
News Briefing for July 8. In today’s show, we will cover possible restrictions on TikTok in the United States, e-commerce platform Dangdang’s ownership battle, the go-private offer for Sina, TikTok’s revenue milestone, and a new OnePlus cellphone release. In What’s up China, we will introduce you to another hit TV drama produced by iQiYi in addition to the prosperous market of Chinese video streaming platforms and web drama. China Tech Briefing by Pandaily is a podcast that tells you about what ...
Jul 08, 2020•9 min
News Briefing for July 6th. In today’s show, we will provide you with special coverage of major players in China’s electric vehicle market as Leading Ideal confirms its US IPO plan. We will also bring in some updates about Luckin Coffee’s board meetings on the removal proposal of its chairman, Huawei’s 5G technology in Britain, Chinese chipmaker Semiconductor Manufacturing International Corp. and a revenue milestone for Tencent’s battle game. In What’s up, China, we will look into the annual Gao...
Jul 06, 2020•10 min
News Briefing for July 3rd. In today’s show, we’ll continue to follow Luckin Coffee’s reorganization efforts after the results of the board meeting on the proposal to remove its chairman, Charles Zhengyao Lu; after that, we'll talk about Faraday Future, the share purchase of Car Inc., Alibaba Cloud’s overseas expansion, TikTok in India and Apple China. For What’s up, China?, we will catch up with a nonsensical advertising scam involving tech giant, Tencent, and Chinese chili sauce maker Lao Gan ...
Jul 03, 2020•10 min
News Briefing for July 1st. In today’s news, we will cover the ban on Chinese apps in India, Pinduoduo’s new CEO and Airbnb’s new China COO, Alipay’s steps to boost the Chinese economy amid the pandemic, an unexpected lawsuit between Tencent and Laoganma, China’s chili sauce giant, and McDonald’s actions to reduce plastic use in China. For What’s up, China?, we will dive into a piece of personal news on a top livestreamer and his success in attaining a ‘Hukou’, a form of household registration, ...
Jul 01, 2020•14 min
News briefing for June 29th, 2020. China Tech Briefing by Pandaily is a podcast that tells you about what is going on within the sphere of Chinese technology and beyond. To keep up with the rapidly changing China tech world, make sure you're listening to our show every morning on Monday, Wednesday and Friday. In today’s show, we will continue to follow the updates of fraud-hit Luckin Coffee and its proposal to remove its chairman, Huawei’s largest flagship store in Shanghai, Didi Chuxing’s on-de...
Jun 29, 2020•10 min