Press Review

The news of the week
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[November 22th – November 29th]

Panda Review 27 China digital news

So what happened last week in China ? 

Read our press review below: all the best news about E-commerce, digital marketing, social media, KOL news, travel retail and tourism industries, new technologies, Chinese society and culture. And sometimes, great Chinese digital market white book or report to download that we found for you!

🛍️ E-commerce & Co.

JD.com Shuts Down B2C Platform JOYBUY’s English and Russian Sites, To Carry Out Transformation and Upgrades of B2B

PANDA DAILY – November 26, 2021

JD.com shuts down B2C platform JOYBUY’s English and Russian sites, to carry out transformation and  upgrades of B2B

Jiemian News, a Chinese media outlet, reported on Thursday that JOYBUY, a cross-border e-commerce export platform owned by leading domestic firm JD.com, announced on Wednesday that it will terminate its cooperation with merchants. In response, JD.com said that JOYBUY would be upgraded to a cross-border business-to-business (B2B) transaction and services platform.

Personal Payment Reception Codes on WeChat, Alipay to Be Limited From Business Operations

PANDA DAILY – November 26, 2021

Personal Payment Reception Codes on WeChat, Alipay to Be Limited From Business Operations on March 1, 2022

WeChat and Alipay will no longer be able to be used for business operation purposes.

Bilibili obtains online payment license, moving into e-commerce

DAO INSIGHTS – November 24, 2021

Bilibili obtains online payment license, moving into e-commerce

Bilibili (or B site), the Chinese video-sharing website, has obtained an online payment license after acquiring a majority stake in an online payment company, in preparations to launch its own e-payment service for more than 223 million monthly active users.

Beijing SKP becomes China’s first carbon-neutral shopping mall

DAO INSIGHTS – November 25, 2021

Beijing SKP becomes China’s first carbon-neutral shopping mall

Beijing’s Shin Kong Place (SKP), the world’s most profitable shopping mall, has become China’s first retail group certified by Carbonstop.

🤳 Digital Marketing, KOL

China Just Banned 88 Influencers, Including Disgraced Pop Idol Kris Wu

RADII CHINA – November 25, 2021

China Just Banned 88 Influencers, Including Disgraced Pop Idol Kris Wu

The China Association of Performing Arts recently blacklisted 88 celebrities and livestreamers for “bad behaviors,” including breaking the law and having a harmful impact on society.

 

✈️ Travel Retail, Tourism

People in Beijing open up about China’s zero-Covid approach and reveal where they dream of visiting once borders reopen

SOUTH CHINA MORNING POST – November 28, 2021

People in Beijing open up about China’s zero-Covid approach and reveal where they dream of visiting once borders reopen

Residents of China’s capital generally support the authorities’ handling of the coronavirus pandemic while harbouring dreams of overseas travel. A teaching assistant wants to see penguins in Antarctica, a housewife hopes to resume trips in Asia, an entrepreneur dreams of a Greek holiday with his partner.

👀 New Technologies

Xiaomi Electric Car- Gearing Up For 2024 Launch

DAZE INFO – November 25, 2021

Xiaomi Electric Car: Gearing Up For 2024 Launch

Xiaomi electric vehicle could soon be a reality as the company has set its eyes on the fast-growing electric vehicle market. The Chinese technology giant is expected to launch its first electric car in the second quarter of 2024.

Tik Tok’s first-ever Black Friday shopping event in the UK kicks off

DAO INSIGHTS – November 25, 2021

Tik Tok’s first-ever Black Friday shopping event in the UK kicks off

Tik Tok, the beloved video-focused social networking platform owned by Chinese tech giant ByteDance, is hosting its first-ever Black Friday shopping event in the UK, running from 25 to 30 November. This could be an attempt by Tik Tok to diversify its revenue models within the UK industry…

🏮 Society & Culture

Chen Man’s Photo Scandal Highlights China’s Warped Beauty Standards

RADII CHINA – November 24, 2021

Chen Man’s Photo Scandal Highlights China’s Warped Beauty Standards

While some might argue that current Chinese beauty standards are rooted in centuries of Chinese aesthetics, they actually reflect recent trends. Pale skin, large eyes with double folds, tall and slim nose with small nostrils, pointed chin, soft, rounded cheekbones, pouty lips — all the normative markers of so-called beauty are heavily advertised by plastic surgeons or achievable through popular photo editing apps.

Balenciaga’s first couture exhibit in Shanghai- Are Chinese consumers ready for it

DAO INSIGHTS – November 24, 2021

Balenciaga’s first couture exhibit in Shanghai: Are Chinese consumers ready for it?

Balenciaga, the luxury fashion house based in Paris, has brought 30 of its couture designs to Shanghai for a five-day event. The exhibit, which kicked off on Friday 19 November, is. Balenciaga’s first event staged in mainland China.