Pandaily’s Digest | Aug 23, 2024

(Source: Xinhua)On August 23, Alibaba declared its voluntary transition from a secondary to a primary listing on the Hong Kong Stock Exchange, effective from August 28, 2024. Link

(Source: Pandaily)Didi Tests “Choose Female Driver” Feature, Exclusively for Verified Female Passengers

According to an online survey, 24.2% of Didi passengers wished for the option to choose female drivers, which received the highest number of votes. The next most popular demands were for features to “block cars with bad odors” and “pet express.” Link

Lei Jun: Xiaomi Is Not in A Hurry to Build Charging Piles, First Focus on Making the Car Well

Xiaomi’s primary task at present is to focus on car manufacturing, aiming to make the Xiaomi SU7 the electric vehicle with the best compatibility and convenience with public charging stations. Link

Tesla’s Humanoid Robot “Optimus” Makes its Beijing Debut at the World Robot Conference

The 2024 World Robot Conference (WRC 2024), being held in Beijing from August 21 to 25, saw Tesla presenting its humanoid robot, Optimus, and the off-road vehicle, Cybertruck. Link

BYD Employs Over 5,000 in Intelligent Driving Team, Aiming to Pioneer Autonomous Driving Technology

BYD Chairman Wang Chuanfu announced that the company plans to invest an impressive 100 billion yuan in intelligent driving technologies, with a focus on generative AI and large model R&D. Link

Douyin Launches Its Fourth Search App

After Toutiao Search, Wukong Search, and Lightning Search, Douyin recently launched its 4th independent search app ‘Douyin Search’. Link

JD.com: Walmart No Longer Holds Equity in the Company

JD.com stated that as of August 20, Walmart no longer holds shares in the company. There are no known other reasons for the changes in stock price and trading volume. Link

TZE Denies Rumors of Production Shutdown: No Plans to Reduce Production Lines

TZE denies rumors of halted production: still in normal production operations, currently no plans to reduce production lines. Link

Xiaomi Auto Reports a Net Loss of 1.8 Billion Yuan in Q2, But Surpasses Tesla in Gross Margin

Xiaomi Group saw a record-breaking total revenue of 88.9 billion yuan in its Q2 financial performance, marking a 32% year-on-year increase. Link

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