How Miniso’s global expansion and IP strategy are driving record ...
Sep 30, 2024 · With over 7,000 stores worldwide, Miniso saw record profits in the first half of 2024, driven by its overseas expansion and strategic use of IP partnerships.
After 33 years, McDonald’s is finally accelerating its ... - KrASIA
Feb 14, 2024 · McDonald's wants to boost its presence in China from 6,000 to 10,000 stores by 2028, but faces competition from another global fast food chain with a broader footprint.
The current state of self-driving across China in 2024 - KrASIA
May 21, 2024 · “Feels like we’ve done years of work in just a few months,” confessed a weary engineer from Chinese automaker Li Auto’s autonomous driving team, reflecting on the intense development journey of the past half-year.
Aito M8 to headline Huawei’s 2025 automotive lineup
Nov 26, 2024 · 2025 is shaping up to be a pivotal year for the Harmony Intelligent Mobility Alliance (HIMA), Huawei’s ambitious automotive initiative. With plans to roll out over ten vehicle models, Huawei is significantly ramping up the lineup from this year’s six that comprises the Aito M5, M7, and M9; Luxeed S7 and R7; and the Stelato S9.
Pop Mart’s Labubu breaks records in Thailand—can the trend go …
Oct 30, 2024 · Pop Mart’s international business head, Wen Deyi, attributes this success to a combination of timing and strategy. The timing, Wen explained, came down to Lisa’s endorsement and Thailand’s tourism revival following the pandemic.
Xpeng’s next move: Range-extended EVs poised for 2025 debut
Sep 19, 2024 · Nio remains one of the few holdouts, still committed solely to fully electric vehicles. The company relies on its battery swapping infrastructure to sustain monthly sales of approximately 20,000 units.
As Amazon and Temu push into Africa, Jumia retreats to core …
Nov 20, 2024 · As global businesses pivot toward Africa, Jumia, the continent’s homegrown e-commerce leader, is carving its own niche. Dominating with over 24% of Africa’s e-commerce market, Jumia has solidified itself as a central figure in the region’s online shopping landscape.
SF Express rebounds in 2024 but faces new battles on multiple fronts
Oct 9, 2024 · Header photo source: SF Express. In the first half of 2024, SF Express posted revenue of RMB 134.41 billion (USD 18.8 billion), reflecting an 8.08% year-on-year growth.
From roadside stand to a global franchise: The rise of Mixue
Jul 25, 2023 · In the summer of 1997, Zhang Hongchao, armed with a meager capital of RMB 3,000 (USD 460), embarked on a journey that would lead to the creation of Mixue Bingcheng, a global chain of fresh ice cream and tea stores.Zhang Hongchao, together with his younger brother Zhang Hongfu, evolved from running a roadside ice stall in Zhengzhou, a city of 10 million people, to commanding a business empire ...
From Fila to Descente: How Anta’s global play is reshaping the ...
Sep 13, 2024 · “Although the consumer market faces challenges, we remain confident about the future. The board has approved a share repurchase plan. Over the next 18 months, we’ll allocate up to HKD 10 billion (USD 1.3 billion) to buy back shares, boosting shareholder returns and creating long-term value.”