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Aug 22, 2024 | 
pandaily.com | Xu Xin
On the morning of August 23, Alibaba announced on the Hong Kong Stock Exchange that the company’s voluntary change from its secondary listing on the Hong Kong Stock Exchange to a primary listing will take effect on August 28, 2024.
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May 3, 2024 | 
dialnet.unirioja.es | Xu Xin
Mothers' parenting styles, academic self-efficacy and academic performance: Chinese-Spanish Cross-Cultural StudyXin, Xu[1][1]Universitat de LleidaLocalización: Ehquidad, ISSN-e 2386-4915, Nº.
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Mar 19, 2024 | 
pandaily.com | Xu Xin
On March 19, Jing Xiandong, Chairman and CEO of Ant Group, issued a letter to all staff announcing a new round of organizational structure upgrades: Cyril Han (Han Xinyi) will become the President of Ant Group, fully responsible for digital payment, digital interconnection, and digital finance businesses, reporting to Chairman and CEO Jing Xiandong. Ant International, OceanBase, and Ant Digital Science and Technology have established their own boards of directors, independently facing the market.
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Dec 7, 2023 | 
pandaily.com | Xu Xin |Xintian Tina Wang |Kelsey Cheng
ByteDance, the parent company of TikTok, is allegedly proposing to repurchase approximately $5 billion in shares from investors, a move that would value the company at around $268 billion, according to two sources familiar with the matter, per Reuters. According to insiders at ByteDance, the repurchase price is $160 per share, which is the same as the employee stock option repurchase price in October this year, corresponding to an estimated value of about $268 billion.
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Oct 17, 2023 | 
pandaily.com | Xu Xin
According to Chinese media Jiemian, Baichuan Intelligent Technology has completed its Series A1 strategic financing round, raising over 300 million US dollars. Tech giants such as Alibaba, Tencent, Xiaomi, and several top investment institutions have all participated in this round of financing. Following the A1 round, with an angel investment of 50 million US dollars, Baichuan Intelligent Technology has acquired 350 million US dollars in total.
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Oct 13, 2023 | 
pandaily.com | Xu Xin
On October 12th, He Xiaopeng, the Chairman of XPeng Motors, posted on Weibo that he visited Volkswagen Group’s headquarters in Wolfsburg at the end of September. “In the past few months, the progress of our jointly developed models have been accelerating. The technical teams from both sides are like a startup team, fully committed and moving forward at full speed. The strategic cooperation in the supply chain will bring us potential cost reduction benefits”, wrote He Xiaopeng.
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Aug 29, 2023 | 
pandaily.com | Xu Xin
On August 28th, recently, multiple current and former employees of SenseTime confirmed that the company is undergoing another round of layoffs, involving some departments, with a requirement for some to leave within one week. Several employees of SenseTime have stated that the scale of this round of layoffs is relatively large.
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Aug 28, 2023 | 
pandaily.com | Xu Xin
On August 28th, recently PDD‘s cross-border e-commerce platform Temu officially launched its Chile and Philippines sites, accelerating its global expansion. The Philippines is the first station in Southeast Asia for Temu, while Chile signifies that Temu has entered the furthest South American battlefield from China. Since its launch in September last year, Temu has now entered 37 countries and regions, covering Asia, Europe, North America, South America, and Oceania.
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Aug 9, 2023 | 
pandaily.com | Xu Xin
On August 9th, it was announced that LinkedIn China‘s localized job-seeking app, LinkedIn Career, with over 1 billion users worldwide, will officially cease operations starting from August 9th, 2023. This means that the app will no longer be available for use as of today, including all products and services related to LinkedIn Career such as the mobile app, desktop website, and WeChat mini program. LinkedIn was founded in 2002 and went public in the United States on May 20, 2011.
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Aug 7, 2023 | 
pandaily.com | Xu Xin
Since December last year, Missfresh has received multiple warning letters from the NASDAQ Listing Qualifications Department due to its stock price falling below the minimum standards and failure to timely submit financial reports. On August 4th, Missfresh announced that it has submitted its annual performance report for the year 2022 to NASDAQ.
