The top Chinese short-video apps in 2020 vying to grab your
Apr 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 ), Quanmin (16 million as ...
After 33 years, McDonald's is finally accelerating its ... - KrASIA
Feb 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 ...
China’s Transsion, world’s No. 5 smartphone maker, keeps ascending
Dec 2, 2023 · China’s Transsion Holdings, one of the world’s top five smartphone makers, continues to grow globally, with its market share approaching that of major Chinese manufacturer Oppo, on the back of a strong showing in Africa and South Asia. Transsion’s shipments rose 35%, year-on-year, to 26 million units in the three months ended September ...
Inside PDD, China’s e-commerce titan behind Temu and Pinduoduo
Jan 13, 2024 · The share surge made Colin Huang, the 43-year-old founder of PDD, the second-richest man in China, with a net worth of USD 52.3 billion as of December 18, 2023, according to Forbes. PDD’s rise in an already packed e-commerce market has delivered a wake-up call for both investors and established domestic rivals Alibaba and JD.com.
KrASIA | Spotlighting Asia’s next wave of innovations
Localization is key: Riding Indonesia’s e-commerce wave amidst social media boom. Inside the shopper’s mind: Exploring consumer behavior in Indonesia’s e-commerce landscape. SUTD concludes ESG Masterclass series with focus on social impact. Local perspectives on the risks and opportunities in Southeast Asia.
Inside Tokopedia, the Indonesian e-commerce company ... - KrASIA
Mar 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.
'Stay hungry, stay foolish': How Forrest Li built the biggest ...
Mar 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
Dec 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 ...
Meet BBK, the world's largest phone maker that you've ... - KrASIA
Mar 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.
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 ...