Yum China Q2 Revenue Drops 11%
Yum China Holdings Inc. announced Wednesday that its revenue declined 11% year over year to $1.9 billion in the second quarter of 2020.
7/30/20202 min read
Category: Industry
Showing 12 of 6361 posts in this category
The Hyperloop Train of China
In the future, it may take only 30 minutes to travel from Beijing to Wuhan by taking the Hyperloop Train developed by CASIC (China Aerospace Science & Indus...
8/31/20173 min read
2020 TOP 10 Chinese Mobile Apps in Overseas Markets
2020 has turned out to be an unpredictable year, but these 10 Chinese mobile apps have emerged successful in overseas markets, attracting new global users and hitting new DAU records.
Taobao Releases 2022 Live-Streaming Incentive Plan
After live streaming host Viya was investigated for tax evasion, Taobao Live recently released its annual incentive plan for the year to support mid-tier and new hosts and to provide more cash incentives to producers.
1/19/20222 min read
Genki Forest to Complete a New Round of Financing Worth Nearly $200 Million Led by Temasek
Genki Forest is about to complete a new round of financing worth nearly $200 million, making its market valuation reach $15 billion.
11/2/20213 min read
Alibaba Establishes Five Major Strategies for Taobao in 2023
Alibaba's management team announced five strategic focal areas for its e-commerce platform Taobao this year. These areas cover livestreaming, private domain traffic (turning casual users into dedicated ones), content, local retailers, and pricing power.
Luckin Coffee Plunges 75% As Private Investigation Reveals Falsified Accounts
An internal investigation by Luckin Coffee has revealed that hundreds of millions of dollars of sales in 2019 were “fabricated”, wiping almost 75 percent from the value of the company.
4/3/20202 min read
Ecovacs Releases Cleaning Robot Equipped with AI Chip and Voice Assistant YIKO
Leading auto cleaning robots supplier Ecovacs released a number of new products on Wednesday, including the Deebot X1, an AI intelligent voice assistant Yiko, and Airbot Z1, a multifunctional air purification robot.
9/16/20213 min read
LinkDoc to List on NASDAQ, Sets Sights on $1.5 Billion Market Value
LinkDoc Technology Limited, a Chinese medical technology company, updated its IPO application on July 6, planning to list on NASDAQ under the ticker symbol "LDOC".
7/7/20212 min read
SenseTime Reaches Strategic Cooperation With GAC Group
SenseTime, an artificial intelligence software company, announced on July 26 that it has reached a strategic cooperation agreement with GAC Group.
7/26/20222 min read
Alibaba Released a New Brand AliOS Entering Automotive and IoT Field
Alibaba Group announced the upgrading of its operating system strategy and launched a brand new AliOS whose slogan is to drive everything smart. The new Alibaba...
Grocery-Buying Platform Dingdong Maicai Launches Food Safety Investigations
A warehouse operated by grocery-buying platform Dingdong Maicai in the capital city's Haidian District cheated consumers by claiming dead fish were fresh and fabricating labels.
3/18/20222 min read