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.
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.
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.
Fangchengbao’s latest EV is more than just an offroad SUV
Nov 20, 2024 · The Bao 8 combines rugged offroad power and city-savvy tech in a versatile SUV built for today’s multifaceted driver.
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.
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.
Bilibili hits profitability milestone but faces big questions about its ...
Nov 22, 2024 · 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.
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.”
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.