How Miniso’s global expansion and IP strategy are driving record ...
2024年9月30日 · 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
2024年2月14日 · 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.
Pop Mart’s Labubu breaks records in Thailand—can the trend go …
2024年10月30日 · 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.
From roadside stand to a global franchise: The rise of Mixue
2023年7月25日 · 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 ...
SF Express rebounds in 2024 but faces new battles on multiple fronts
2024年10月9日 · 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.
GoodMe and Lucky Cup drive China’s affordable coffee boom as ...
2024年11月15日 · China’s coffee competition is brewing with no signs of cooling, as affordable coffee chains keep contending to bolster their market share. Among these are stores run by GoodMe, with sources telling 36Kr that GoodMe’s coffee products are now available in over 2,000 of its stores nationwide—a jump from just 500 of them in September. For GoodMe, which runs close to 9,000 outlets, a second ...
Bilibili hits profitability milestone but faces big questions about its ...
2024年11月22日 · Bilibili’s Q3 profit is a commendable achievement, but sustainability is the real test. While advertising innovations and gaming hits like Three Kingdoms have propelled the company forward, cracks remain visible. Gaming revenue is heavily reliant on a single title, and the next big hit is nowhere in sight.
This hotpot mogul’s business is booming, and he isn’t following ...
2024年10月17日 · 23 years ago, Du Zhongbing made a promise to a friend that he never expected to define his life: to open a hotpot restaurant. Back then, he was busy making a fortune in crude iron and coke trading.
Unpacking Sunwoda’s rise as an EV battery player | KrASIA
2024年9月12日 · With monthly sales exceeding 50,000 units, Li Auto has firmly secured its position as the leader among China’s new energy vehicle startups. This rapid growth has also spotlighted its supply chain partners, with one low-profile battery supplier now …
GAC Aion opens new factory in Thailand, eyes overseas growth
2024年7月24日 · On July 17, Chinese electric vehicle maker GAC Aion celebrated the grand opening of its new factory in Rayong, Thailand, marking a significant milestone in its Southeast Asian expansion.