After 33 years, McDonald’s is finally accelerating its ... - KrASIA
2024年2月14日 · 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.
From roadside stand to a global franchise: The rise of Mixue
2023年7月25日 · 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’s BYD marks 30th year by chasing four-million-car milestone
2024年12月14日 · The EV maker dominates its home market but only sells about 10% of its vehicles abroad. In 1995, well before BYD ever made a single car, founder Wang Chuanfu placed a globe in his office. It remains a fixture even today, according to Wang, as China’s top electric vehicle company tries to make a ...
Solar powerhouse: China holds the key to Asia’s green energy goals
2024年12月7日 · Nestled amidst durian and pine trees, the vast solar energy farm gleaming under a clear blue sky in Kulim reflects Malaysia’s promise as a green energy hub.
Cotti Coffee maps out plan to make coffee a daily staple in China
2024年12月6日 · 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 …
Deals in brief: Alibaba’s Trendyol explores USD 1 billion raise, …
2024年12月2日 · Alibaba’s Trendyol tests waters for USD 1 billion funding. Trendyol, Turkey’s largest e-commerce platform, is exploring a USD 1 billion funding round as it eyes expansion opportunities, according to Bloomberg.Discussions are said to remain preliminary, with the company gauging potential investor interest for a formal raise, which could start as …
Disney leans on localization to win over China and APAC audiences
2024年12月12日 · With its latest slate, Disney aims to strike a balance between global appeal and local resonance in its approach to the APAC region. Carol Choi, Disney’s executive vice president, expressed confidence in the slate’s universal appeal during an interview with media outlets such as 36Kr. “We ...
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KrASIA 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.
Palworld expands to Japan on PS5 despite legal battle with …
2024年10月9日 · Despite facing legal pressure from Nintendo and The Pokemon Company, Palworld continues to expand rapidly, with its latest move coming on October 4 when Pocketpair announced the game’s release on the PlayStation 5 in Japan. The launch followed Palworld’s PS5 release in 68 other countries just days earlier, sparking excitement on social media.
CATL launches advanced battery lineup to electrify heavy-duty …
2024年11月27日 · CATL’s experience in the passenger EV segment laid the groundwork for its commercial vehicle strategy. In China, CATL holds a 50.73% market share in engineering machinery batteries, while globally, its share stands at 30%, making it an industry leader.