The Beijing-based online services provider is one of the country … Goldman Sachs, Morgan Stanley, and Bank of America Merrill Lynch are the main banks handling Meituan’s IPO. Net profit Revenue 40 billion yuan 30…
BUSINESS
Top 10 Luxury Car Brands by May Sales in China
Shanghai (Gasgoo)-According to the data released by corresponding automakers and the China Passenger Car Association (CPCA), Gasgoo summarizes major luxury vehicle brands’ China sales in May as below. Mercedez-Benz, Audi and BMW undoubtedly occupied the…
The man who helped Karl Lagerfeld make the Great Wall a catwalk for Fendi, and brought global fashion brands to China
Led by German fashion designer Karl Lagerfeld, glamorous models paraded down the Great Wall of China in 2007. The image of their red dresses gliding over the imposing fortification helped put China, a country with…
China’s app for everything files for huge Hong Kong IPO
Meituan-Dianping likes to call itself the “Amazon of services.” Meituan-Dianping, a massive online services platform in China, has filed to go public in Hong Kong in a move that’s expected to raise billions of dollars…
China Renaissance eyes up to US$800 mln in HK IPO: report
China Renaissance Group, a Beijing-based investment bank that had been involved in several high-profile Chinese tech deals, could raise as much as US$800 million in a Hong Kong IPO, Reuters reports, citing sources with knowledge…
3 reasons why China’s viral video app Douyin is not good for luxury brands
In 2018, it seems like everywhere you turn in China, people are talking about Douyin. The social media app lies halfway between Musical.ly and Snapchat, offering users the opportunity to post and send photos, live-stream…
How luxury brands use four social media apps in China to reach consumers who shop mostly online
WeChat and Weibo dominate China’s social media scene. But just as there’s more to e-commerce than Taobao and JD.com, China’s leading social media platforms are only part of the story. The digital environment in a…
Cruelty-Free Beauty Brands Are Finding Ways to Get Around China’s Animal-Testing Policies
Aishwarya, a freelance writer and marketing specialist has worked for brands around the world. A trained artist and traveler at heart, she particularly enjoys working on projects related to travel, art and design. In her…
How Isobar helped turn KFC China from a fried chicken business into a tech brand
KFC arrived in China in 1987, when Western-style fast food restaurants were a novelty in the country. Fast forward to April 2015, and the brand’s longevity had become a problem. “They started losing their young…
Uncertain times for US brands in China
SHANGHAI: The escalating stand-off on trade between the United States and China could hurt a lot of American brands in the country, according to the founder and CEO of JD.com, the Chinese e-commerce giant. Speaking…
FOCUS Brands Announces Launch of Auntie Anne’s® in China
ATLANTA, June 22, 2018 /PRNewswire/ — At a launch event in Shenzhen, China, FOCUS Brands announced the introduction of Auntie Anne’s ®, the world’s largest hand-rolled soft pretzel franchise, to the Chinese market. Signifying a…
Foxconn brands US-China trade standoff a ‘tech war’
Foxconn, the world’s largest electronics contract manufacturer, has said the United States and Chinese governments are engaged in a technology war, not a trade war, describing the spat as the biggest challenge the Taiwanese company…
China Mengniu Dairy : Brand “Messi” unblemished by poor World Cup
MOSCOW (Reuters) – Lionel Messi may be heading home early from the World Cup after flops on the pitch for Argentina yet he will remain a ubiquitous presence in Russia and around the world as…
