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.
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 ...
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.
With over 36,000 stores worldwide, Mixue Bingcheng is ... - KrASIA
Feb 5, 2024 · According to IPO Zaozhidao, Mixue Bingcheng submitted its prospectus to the Hong Kong Stock Exchange on January 2, 2024, with plans to list on the main board. Bank of America, Goldman Sachs, and UBS Group will serve as joint sponsors. As a global made-to-order beverage company, Mixue Bingcheng focuses on offering a high-quality and affordable range of made-to-order fruit drinks, teas, ice ...
Luma AI lands USD 90 million to scale visual AI innovation
Dec 9, 2024 · Omni HR raises USD 7.4 million to advance HR management in APAC. Omni HR, a Singapore-based human resources management platform, has secured USD 7.4 million in a funding round led by Picus Capital, with participation from Alpha JWC Ventures, January Capital, and Ratio Ventures.. This brings the company’s total funding to USD 9.8 million since its founding in 2021 by Brian Ip, a former ...
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.
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.
China’s collectible card craze: Kayou and major IPs drive a growing ...
Nov 14, 2024 · Inside a Kayou flagship store in Beijing on a weekend, young visitors peruse thick binders filled with collectible trading cards from diverse IPs.
Xiaomi Auto ramps up EV production as record demand tests …
Nov 12, 2024 · Competition in China’s electric vehicle market remains fierce. Li Auto recently announced plans to expand production of its popular L6 model by the 2025 Lunar New Year to meet delivery demands.