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 ), …
After 33 years, McDonald’s is finally accelerating its ... - KrASIA
WEBFeb 14, 2024 — After 33 years, McDonald’s is finally accelerating its expansion in China. Written by KrASIA Connection Published on 14 Feb 2024 5 mins read. 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. 2023 marked a year of rapid ...
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 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.
With over 36,000 stores worldwide, Mixue Bingcheng is ... - KrASIA
WEBFeb 5, 2024 — 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 creams, and coffees, each priced at approximately RMB 6 (USD 0.8) per serving. As of September 30, 2023, the company operates over 36,000 stores in 11 countries.
‘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.
Bilibili lands in Thailand, Malaysia in streaming race against
WEBDec 29, 2020 — Chinese video platform Bilibili has launched localized services in Thailand and Malaysia, marking the company’s first landing in Southeast Asia as it joins the race for eyeballs against Chinese peers Tencent and iQiyi, as well as global streaming platforms like Netflix and Disney. “The app is the official Bilibili standalone application in ...
Inside Tokopedia, the Indonesian e-commerce company offering
WEBMar 22, 2021 — Starting with an online marketplace, Tokopedia has diversified to offer a broad range of services for its 100 million users. Tokopedia is a pioneer of e-commerce in Indonesia. After serving millions of consumers and merchants for more than a decade, this unicorn company is planning to go public in 2021, possibly through a …
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.
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 …