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On April 21st, during the 20th Huawei Global Analyst Summit (HAS 2023), Huawei further clarified its determination to increase investment in the strategy for small and medium-sized enterprise markets.
On April 18th, the Hurun Research Institute published the "2023 Global Unicorn List," which includes non-public companies founded after 2000 and valued at over $1 billion. The valuation calculation for this list was based on data from the end of 2022.
The economic recession triggered by the coronavirus pandemic has spawned a global cohort of newly budget-conscious consumers, which has given a push to low-priced retailers such as Miniso.