The president of Meituan’s in-store business candidly discussed the company’s prospects in his new year’s message, addressing the challenges posed by competitors like Douyin.
Iuiga found success by offering quality products at affordable, transparent prices. But it may need an extra edge to thrive in a more intricate market like China.
Peekoo Coffee may not have reached the scale of Starbucks, Luckin, or Cotti, but in China’s fiercely competitive coffee market, it’s steadily ascending, beginning its journey in Shanghai.
The integration of TikTok Shop into Tokopedia will enable it to resume operations in Indonesia, following its forced suspension in October due to regulatory reasons.
