This marks the opening of Luckin Coffee's 10,000th store and has been a milestone event for the company since its founding six years ago. Over the past six years, Luckin has witnessed its shining moment with its listing on NASDAQ in 2019 but also suffered from financial fraud allegations and bankruptcy reorganization in April 2020.
The growth rate of electric vehicles in China has been decelerating, and the demand for battery power is lower than expected. CATL, a battery giant, is actively seeking new growth opportunities while pushing for cost reductions. A recent change in personnel is a clear indication of this effort.
Chinese electric vehicle maker XPeng has restructured its marketing system by merging the auto trade and user development service teams and establishing over 20 sales regions in China.
Cotti Coffee, a new venture of Charles Lu, the former chairman of Luckin Coffee, opened its first offline store in Fuzhou in late October, and the brand has been making further progress since then.
JINGdigital, a marketing tech firm, announced on Friday that it had completed a round of A+ financing totaling 50 million yuan.
Meitu, a Chinese smartphone maker and owner of a popular photo retouching app, announced on Tuesday that it lost $17.3 million in bitcoin due to a nosedive in its value. However, the Xiamen-based company has not expressed plans to sell the cryptocurrency in the short term. Based on their prices as of June 30th, the […]
Dingdong Maicai, a Chinese fresh grocery e-commerce platform, triggered the circuit breaker twice on the second day after being listed. As this article is being written, its price is reportedly at USD 38.4 per share. Its total market value has dropped to USD 9 billion.
Waves of livestreamers and vloggers have picked up their cameras and made their way to everyone's new favorite filming spot – MXBC stores located all over the streets of Chinese cities – to take part in a frenzy created by the bubble tea brand's new theme song.
On Nov.29, a post on Sina Weibo, Chinese largest microblogging platform, claimed that Alibaba’s music streaming platform Xiami Music（虾米音乐) is going to close down permanently in January 2021.
Chinese government authorities in Shanghai imposed a fine against the international condom brand Durex over its inappropriate ad in 2019 for 810,000 yuan ($120,620).
For a number of China’s export-dependent manufacturers, the pandemic was a big blow as some Chinese companies saw their export orders had decreased greatly.
Seagull Watch is the world's largest manufacturer of mechanical watch movements, producing one-quarter of total global production by volume.
Huya, a leading video game live streaming platform in China, apologized for its mistake in including game marketing in one of its education service function.
ByteDance's advertising and marketing platform Ocean Engine is looking for e-commerce vendors and partners to grow its e-commerce platform on Douyin.
On March 4, Wang Xing, the founder and CEO of Meituan Dianping, issued an internal letter to commemorate the tenth anniversary of its establishment.
Try to be inclusive, loving without being cheesy.
Imagine this: After a long walk on Robertson Road, you’re dying to find something to satisfy that sweet tooth of yours. What better choice is there than to drop in and take a break at the patisserie Lady M, the Louis Vuitton of Cakes?