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.
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 ...
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.
ByteDance enters AI video race with Doubao’s PixelDance and …
Oct 2, 2024 · Kuaishou’s success with Kling AI can be attributed to its wealth of video data, a significant advantage. ByteDance, with its vast TikTok and Douyin datasets, is the most likely challenger, but it has experienced rare setbacks.
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 ...
China, Hong Kong companies tap Middle East as Western ties sour
Nov 7, 2024 · The Executive Centre, a flexible workspace provider headquartered in Hong Kong that invested USD 30 million to open its first center in Riyadh, said demand has been “piling in” for offices in the region as Chinese companies expand operations to mitigate downturn pressure even as they remain cautious about geopolitical risks.
Cotti Coffee maps out plan to make coffee a daily staple in China
Dec 6, 2024 · Currently, Cotti has built a supply chain base in Anhui, covering a total construction area exceeding 360,000 square meters. Equipped with fully automated production equipment, Cotti said the base can meet the supply needs of both international and domestic stores.
How Shein’s strategy pushed it past H&M, Zara, and the rest
Nov 4, 2024 · In September 2024, Shein became the world’s most visited fashion and apparel website, according to data from Similarweb. With a global web traffic share of 2.68% for the third quarter, Shein outpaced major players like Nike, H&M, and …
Shein presses for London IPO, unfazed by rising controversies
Oct 7, 2024 · Shein, the Chinese-founded fast fashion giant known for its affordable, trend-driven apparel, is pushing forward with plans for an IPO in London.