Retail and Commerce

The two snack retailers are racing toward IPOs with Mixue-like expansion, but lack its supply chain discipline and margin control.

Young CEO Wang Shoucheng reflects on Yonghui’s outlook after a sweeping reform inspired by Pangdonglai.

Alibaba’s Jiang Fan expects Taobao Shangou to reach RMB 1 trillion in transaction volume within three years.

Surging gold prices are testing traditional jewelers’ pricing power while fueling new experiments in China’s gold market.

Ocean Engine has been folded into Douyin E-commerce as part of the move.

The service aims to drive traffic to merchants while giving diners more choice.

Closures in Indonesia and Vietnam mark growing pains, but domestic scale, coffee, and new supply hubs give the group fresh momentum.

A buyer is expected to be chosen by October.