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Amid competition from Luckin, Starbucks hopes to digitalize its services in the country.

The company recorded 250% growth in six months, serving 7,000 pharmacies, clinics, and hospitals across .

The company’s existing investors include BOE, Xiaomi, and Qualcomm.

Goh Yiping from Quest Ventures will join the company’s board of directors.

Analysts see only limited long-term benefits for the industry, as participants might just be seeking cash incentives.

The firm distributes smartphones and personal computers of companies including Apple and Huawei.

How megabank’s gamble turns out harbors clues for future of financial industry.

Depending on online karaoke and livestreaming, Tencent Music Entertainment is gearing up to take on encroaching short video apps.

Once just a hobby, video games are now a lifestyle for professional gamers and casters. Even government entities and other major stakeholders are now involved in ‘s e-sports scene.

The need and opportunity for digitization is further accentuated now. All sectors will be forced to digitize in order to survive.