Meitu launched six new imaging products
On March 6, Meitu company launched six new imaging products. Meitu also revealed that its global VIP membership has now reached 4.5 million.
Vivo X series officially confirmed to replace NEX series
Vivo abolished the NEX business unit and its affiliated organizations, as part of internal restructuring in February.
China’s next-generation Beidou system will be completed by 2035
China will complete the research and development of a new generation of Beidou system, achieving the construction of a space-time system by 2035.
No more unverified vendors in live streaming sessions
On March 2, China’s Supreme People’s Court issued the Regulation on Several Issues Concerning the Application of Law in the Trial of Internet Consumer Dispute Cases.
Meituan set up a low-altitude logistics tech company in Shenzhen
On March 3, Meituan Low Altitude Logistics Technology Co., Ltd. was founded in Shenzhen, with legal representative Mao Yinian and registered capital of RMB 10 million.
Meituan releases support measures for small and medium-sized merchants
On March 1, Meituan announced several initiatives to help small and medium-sized businesses hit by the COVID-19 pandemic. These initiatives mainly provide assistance from two aspects: cost reduction and income increase.
43-year-old Yang Lijuan takes over as CEO of Haidilao
Chinese hotpot chain Haidilao issued an announcement on the appointment of management personnel. Zhang Yong stepped down as CEO of Haidilao and was succeeded by Yang Lijuan.
Honor expands its team to nearly 5500 R&D personnel
Honor announced that it has established partnerships with over 200 operators and distributors, and has more than 11,000 employees, 50% of whom are R&D personnel.
The price of Bing Dwen Dwen’s NFT collection jumped 20 times
On February 28, the Bing Dwen Dwen’s NFT (Non-Fungible Token) collection was launched for only half a month, and its second-hand price had shot up to 20 times.
Chinese EV maker NIO plans secondary listings in Hong Kong and Singapore
On February 28, the Chinese electric vehicle (EV) maker NIO Inc. plans to carry out secondary listings by introduction in Hong Kong and Singapore as it seeks to grow its business in the region. This listing adopts a “way of
Xiaomi announces a 500-million-yuan donation to launch the “Xiaomi Young Scholars” initiative
On February 24, the Beijing-based Xiaomi Foundation announced the launch of its public welfare initiative “Xiaomi Young Scholars”, with a plan to donate 500 million yuan over five years to over 100 universities. Peking University will be the first university
“Kuaishou Cinema” hit over 50 million daily users during the Spring Festival
According to the data released by Kuaishou Entertainment, Kuaishou launched the “Free Movies for Spring Festival ” event on the “Kuaishou Cinema” channel. The report shows that during the event, over 50 million unique users clicked to enter the channel