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There are about 3.5 million small neighborhood shops, known as warungs, in Indonesia.

Following TikTok’s ban in India, these local alternatives are hoping to seize the opportunity.

The company continues to grow and has seen an 880% increase in its stock price within the past 18 months.

Although it has been compared to Luckin in the past, Kopi Kenangan takes a more measured approach to growth.

With policy support, the move could be a winning play for Nio.

As China’s travel and hospitality industry has been hit hard, businesses have had to get creative and make sacrifices.

The story of China’s internet development cannot be told without mentioning Ding Lei’s contributions.

Having a large user base and financial resources doesn’t guarantee immediate success.