China’s new-style tea market seen exceeding 200 billion yuan
Targeting young consumers, new-style tea drinks such as cold brew tea, tea latte, fruit tea and cheese tea, often use fresh ingredients and are made with innovative recipes and…
Corporate Buzz
Huawei wants its AI chips to provide ‘second option for the world’
Fresh from a breakthrough in its smartphone business, Huawei announced an upgraded supercomputer designed to crunch large amounts of data.
Alibaba plans to invest $2 billion in Turkey
Alibaba president Michael Evans also said Alibaba has invested $1.4 billion in Turkey through its unit Trendyol, one of Turkey's best-known e-commerce platforms
Disney eyes licensed product growth in China
Disney will assess the possibility of cross-border collaboration in terms of product development, distribution channels, integrated marketing capabilities, brand management,…
World’s 10 biggest car companies by sales in H1
China's new energy vehicle manufacturer BYD has joined companies such as Mercedes-Benz, BMW and Tesla as one of the world's biggest car companies by sales for the first time in…
Huawei, Seres launch latest smart SUV with autonomous driving tech
The new M7 features the second version of Huawei's autonomous driving system, and has generated a reservoir of traffic scenarios since its launch in April.
TikTok opposes mooted Indonesia social media transaction ban
Indonesian users spent more money on TikTok than anywhere else in South-east Asia over the past year, as the app's e-commerce arm rapidly grew to gain a substantial regional…
SPC’s Paris Baguette secures bigger footing in North America
In the US, seven new stores are scheduled to open by the end of September in New York, California, New Jersey, Pennsylvania and Massachusetts.
AirAsia’s operations to return to pre-pandemic level by Dec, says Capital A CEO
He said AirAsia's operating level stood at between 50% and 60% in the first half and it was expected to have about 190 planes back in service by the final quarter of this year.
7-Eleven debuts in Laos, plans rapid expansion
The CP All company has evaluated the market in Laos and expects positive trends, especially with improved transportation infrastructure and government initiatives.