East Asia

Japan automakers are set to boost total capital expenditures by 20% this fiscal year.

Anta Sports partners with Kyrie Irving’s father to launch the Kai 1 Speed, making a bold push into Foot Locker and DSG stores across North America and Europe.

Pop Mart and other Chinese brands are seeing soaring sales in Southeast Asia, fueled by the region’s young, eager consumers.

Chinese AI company MiniMax confirms Zhang Qianchuan’s move to an advisory role after stepping down as head of product.

Anta’s multi-brand approach is driving revenue growth, positioning Descente as the next breakout brand after Fila.

Xiaohongshu expands group buying services across 49 cities, giving food and beverage merchants a break on fees.

China’s MiniMax has unveiled Hailuo AI, its proprietary text-to-video model, entering the fray in the fast-evolving world of AI video generation.

Lazada’s first profit milestone hints at Alibaba’s USD 7.7 billion investment bearing fruit, but intense competition leaves a long road ahead.