Incoming CEO de La Faverie will step into his new role with the goal of reducing Estee Lauder’s reliance on traditional retail channels. NewsEstee Lauder names new CEO, pivots from tradition toward e-commerce and emerging markets5 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Lenovo’s Leshines gains Saudi backing, Ampd Energy and Ensonic secure funding, Swiggy bags USD 606 million from anchor investors, and more3 mins read
Amid slowing sales, new CEO Brian Niccol is steering Starbucks back to basics, reviving its “third space” community focus. NewsWith Luckin Coffee on the rise, Starbucks scales back discounts and returns to its roots5 mins read
Nowwa follows Cotti in expanding to the Middle East, targeting growth in an untapped market for Chinese coffee brands. InsightsChinese coffee brands set sights on Middle East as next big market5 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Insider raises USD 500 million, UOB FinLab funds ASEAN green tech pilots, six China deals, and more5 mins read
MiniMax’s Talkie app defies AI market skeptics with USD 70 million in projected revenue, but can it replicate its success? FeaturesTalkie’s global traction puts MiniMax in AI’s top tier, but risks loom7 mins read
Pioneered by Pinduoduo, the policy has become a burden on platforms and merchants. InsightsChina’s e-commerce industry pushes back on “no-return” refunds6 mins read
Li Auto is shifting to dealer networks for its expansion into the Middle East and Central Asia, aiming for flexibility. NewsLi Auto expands overseas with dealer partnerships in Middle East, Central Asia4 mins read
By empowering suppliers, flexing production, and building a versatile business model, Shein has raced to the top of global fashion. FeaturesHow Shein’s strategy pushed it past H&M, Zara, and the rest7 mins read
Beijing is backing strategic tech like drones and chips as general venture funds dry up. InsightsChina’s “entrepreneurship for everyone” era ends as state sets agenda5 mins read