Bilibili lands in Thailand, Malaysia in streaming race against
WEBDec 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 ...
After 33 years, McDonald’s is finally accelerating its ... - KrASIA
WEBFeb 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 ...
The top six Chinese coffee companies in 2020 bringing caffeine
WEBApr 16, 2020 · The company currently has over 4,300 locations nationwide as of December 2019, and it is aiming for 6,000 locations by 2022. The companies keeping China caffeinated. Among the new coffee companies in China that have joined the race to challenge Starbucks, Luckin is the most well-known, with more than 4,500 stores as of December 2019.
Inside Tokopedia, the Indonesian e-commerce company offering
WEBMar 22, 2021 · Starting with an online marketplace, Tokopedia has diversified to offer a broad range of services for its 100 million users. Tokopedia is a pioneer of e-commerce in Indonesia. After serving millions of consumers and merchants for more than a decade, this unicorn company is planning to go public in 2021, possibly through a …
Gaining grounds: How Kopi Kenangan brews beans into big business
WEBJun 8, 2020 · Tirtanata and Prananto hired a staff of five, starting with just IDR 250 million (USD 16,900) in capital from angel investors. Three of those first five consumer-facing employees are still with the company; two manage their own stores, while another is a regional manager today. On its first day of business, Kopi Kenangan sold 700 cups of …
Alibaba’s Lazada achieves first profit despite TikTok Shop’s 2023 ...
WEBAug 15, 2024 · Lazada’s first profit milestone hints at Alibaba’s USD 7.7 billion investment bearing fruit, but intense competition leaves a long road ahead. Lazada, Alibaba Group’s Southeast Asian e-commerce platform, has hit a pivotal moment in its journey. In July, for the first time in its history, the company reported a monthly profit—a signal ...
From roadside stand to a global franchise: The rise of Mixue
WEBJul 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 ...
‘Stay hungry, stay foolish’: How Forrest Li built the ... - KrASIA
WEBMar 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.
Deals | Exclusive: With 100% recyclable packaging, Chinese
WEBNov 29, 2017 · News Deals | Exclusive: With 100% recyclable packaging, Chinese green startup Huidu Huanbao raised $1.5 million angel round. Written byKrASIA Writers Published on 29 Nov 2017 3 mins read
About us - KrASIA
WEBKrASIA is a digital media company reporting on the most promising technology-driven trends and businesses in the Asia Pacific. Founded in 2017, KrASIA is a tech media platform that covers news from the tech and startup ecosystems in Asia. From fundraising news to analysis of the latest tech trends, we help our audience keep up with the ...