China Tech Daily Briefing (Mar 8)

1. Baidu’s CEO Robin Li leave the board of Baidu Ventures’s subsidiary company.
2. Live streaming Panda TV acknowledges closure news, says no external funding in last 22 months.
3. The average salary of females less than 80% of males: Recruitment platform zhipin.com.
4. Sales of iPhone XS MAX in Alibaba’s Tmall increases by 230% after price slash.
5. Tesla receives USD 521 Mn loan from multiple Chinese banks.
6. Tencent puts USD 43.41 Mn more in vip.com.
7. Ride hailing platform Yidao is reportedly seeking USD 379 Mn funding.
8. Electronic SUV company WM Motor closes C round funding of USD 3 Bn led by Baidu.

(Reported by Ruiyao Luo, staff reporter at The Passage.)