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Mixue’s large store in Guangzhou is part of its efforts to differentiate itself from competitors.

Its footprint now spans dozens of cities across 12 countries.

Companies look to expand in Japan’s EV market, with local production under consideration.

It is getting more profit out of retail, even as quick commerce spending tests the limits of that improvement.

Heavier spending has wiped the tech giant’s profit and pushed cash flow negative, even as AI demand continues to outstrip supply.

Games and advertising still fund the company’s next act, but investors are asking when AI will become more than a spending line.

Named by the UK government as partner, the Shenzhen-based manufacturer hopes to replicate its success in Europe.

The company beat estimates as first-quarter revenue exceeded USD 7 billion.