From roadside stand to a global franchise: The rise of Mixue
WEBJul 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 top Chinese short-video apps in 2020 vying to grab your
WEBApr 1, 2020 · By number of MAU, the nine Chinese short-video apps are Douyin (550 million), Kuaishou (490 million), Xigua Video (270 million), Douyin Huoshan (170 million), Weishi (120 million), according to data provider Questmobile. Other popular apps, according to different data and sources, are Haokan (69 million as of June 2019 ), …
Meet BBK, the world’s largest phone maker that you’ve ... - KrASIA
WEBMar 4, 2021 · By viewing Oppo, Vivo, and Realme as part of the same group, BBK is the world’s largest smartphone maker, with a 19% market share in 2020, per recent data by Counterpoint Research. The three brands sold 262.7 million units in 2020, outperforming bigwigs such as Samsung and Huawei.
Inside Tokopedia, the Indonesian e-commerce company offering
WEBMar 22, 2021 · Right now, Tokopedia’s major rival is undoubtedly Sea Group’s Shopee, which is now the leading e-commerce portal in Indonesia and continues to widen the gap in monthly active users. By the end of 2020, it had a comfortable lead of 15 million over Tokopedia. Shopee surpassed Tokopedia in monthly web visits in Q4 2020.
Duan Yongping: From chopping firewood in the countryside to
WEBAug 17, 2022 · It’s no secret that billionaire and entrepreneur Duan Yongping has a devoted following. His business acumen has gained him the respect of many, including Pinduoduo founder Huang Zheng, CEO of BBK Electronics Jin Zhijiang, OPPO founder Chen Mingyong, and Vivo founder Shen Wei. Duan is well known for being one of the founders of BBK Electronics, which is now one of China’s largest consumer ...
‘Stay hungry, stay foolish’: How Forrest Li built the ... - KrASIA
WEBMar 24, 2022 · In 2010, after a string of meetings with Pony Ma, co-founder and CEO of gaming giant Tencent, Li secured the exclusive publishing rights of global hit title, League of Legends, in Southeast Asia.Not long after, Tencent also handed over to Garena the publishing rights for three other popular games in the region, namely Honor of Kings, Crossfire, and WeFire.
Transsion taps on Africa expertise to challenge smartphone rivals …
WEBDec 8, 2023 · Transsion has maintained a relatively stable market share in Africa, which has hovered around 40% in the past two years. Beyond the continent, Pakistan and Bangladesh have also emerged as key markets for Transsion, with market shares of 37.9% and 21.5% respectively in 2022. These regions form the cornerstone of …
TikTok wraps up Singapore hackathon, reveals grand final winners
WEBAug 16, 2024 · TikTok wrapped up its 2024 TechJam program in Singapore with a flourish, bringing to a close its inaugural multimarket hackathon aimed squarely at cultivating the next wave of tech innovators in Southeast Asia. The grand finals, held on August 8, served as a vibrant stage where 102 student teams from across the …
The top six Chinese coffee companies in 2020 bringing caffeine
WEBApr 16, 2020 · The company currently has over 4,300 locations nationwide as of December 2019, and it is aiming for 6,000 locations by 2022. The companies keeping China caffeinated. Among the new coffee companies in China that have joined the race to challenge Starbucks, Luckin is the most well-known, with more than 4,500 stores as of December 2019.
KrASIA | Spotlighting Asia’s next wave of innovations
WEBKrASIA reports the most promising trends and businesses across the tech and startup ecosystems in the Asia Pacific. Uncover the next wave of innovations with us.