Dec 6 – Chinaccelerator Daily Digest: Five Headlines you need to know
Chinaccelerator 中国加速 Daily Digest – Dec 6, 2021 Five headlines you need to know. Subscribe for links to these stories and job posts at https://mailchi.mp/sosv/chinadaily
1. Huawei prepares to build new smart car component manufacturing facility. KrAsia
2. China’s Twitter Weibo set to raise US$193 million from Hong Kong offer, much lower than the US$547 million it had hoped for. SCMP
3. TikTok owner ByteDance ramps up e-commerce expansion with launch of Fanno shopping app in Europe. SCMP
4. Pinduoduo, one of Alibaba’s strongest challengers is pouring all its profit into agriculture. TechCrunch
5. EV maker NIO provides subsidy of up to $2824.2 for delayed orders. Pandaily
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