KrASIA Connection

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.

It is anticipated to be among the pioneering electric vehicle models to feature Nio’s NT3 platform.

Given the significant differences between the US and Chinese markets, is PDD Holdings risking a pyrrhic victory by emulating Pinduoduo’s strategy with Temu?

2023 marked a turning point for BYD as it began to double down on energy storage projects in the domestic market for ultra-low prices.

This Singapore-based company is delving into a niche vertical of new energy vehicles, with plans to venture into the Middle East and Southeast Asian markets.

With heavyweight Douyin encroaching on its market share, Meituan cannot afford to remain in autopilot mode.

Derailed by delivery issues, Huawei has yet to replicate the successes of its joint venture with Seres for its latest Luxeed S7 electric vehicle model.

Whether Alibaba sells those businesses or not, it’s growingly evident that the Chinese tech giant is shifting its focus from new retail back to e-commerce.