The top Chinese short-video apps in 2020 vying to grab your
WEBApr 1, 2020 · By number of MAU, the nine Chinese short-video apps are Douyin (550 million), Kuaishou (490 million), Xigua Video (270 million), Douyin Huoshan (170 million), Weishi (120 million), according to data provider Questmobile. Other popular apps, according to different data and sources, are Haokan (69 million as of June 2019 ), …
From roadside stand to a global franchise: The rise of Mixue
WEBJul 25, 2023 · In the summer of 1997, Zhang Hongchao, armed with a meager capital of RMB 3,000 (USD 460), embarked on a journey that would lead to the creation of Mixue Bingcheng, a global chain of fresh ice cream and tea stores.Zhang Hongchao, together with his younger brother Zhang Hongfu, evolved from running a roadside ice stall in Zhengzhou, a city of 10 million people, to commanding a business empire ...
Inside Tokopedia, the Indonesian e-commerce company offering
WEBMar 22, 2021 · Right now, Tokopedia’s major rival is undoubtedly Sea Group’s Shopee, which is now the leading e-commerce portal in Indonesia and continues to widen the gap in monthly active users. By the end of 2020, it had a comfortable lead of 15 million over Tokopedia. Shopee surpassed Tokopedia in monthly web visits in Q4 2020.
TikTok Shop’s GMV soared in 2023, putting Shopee and Lazada on …
WEBJul 19, 2024 · Written by KrASIA Connection Published on 18 Jul 2024 7 mins read. With GMV skyrocketing to USD 16.3 billion in 2023, TikTok Shop is shaking up Southeast Asia’s e-commerce market, giving Shopee and Lazada a run for their money. Shopee now has undeniable proof that TikTok’s e-commerce push in Southeast Asia is a …
Amazon maintains lead over Flipkart as its India marketplace
WEBJan 5, 2022 · Amazon Seller Services, which runs the online marketplace for Amazon India, posted INR 162 billion in operating revenues for the financial year (FY) ended March 2021, a 49.3% increase compared to a year-ago period, while the marketplace arm of Flipkart, Flipkart Internet, clocked INR 78 billion in revenue from operations, up 32% over FY 2020.
The top six Chinese coffee companies in 2020 bringing caffeine
WEBApr 16, 2020 · The company currently has over 4,300 locations nationwide as of December 2019, and it is aiming for 6,000 locations by 2022. The companies keeping China caffeinated. Among the new coffee companies in China that have joined the race to challenge Starbucks, Luckin is the most well-known, with more than 4,500 stores as of December 2019.
Alibaba Cloud Asia Forward 2021
WEBIn June 2021, Alibaba Cloud announced its new Project AsiaForward initiative to bring digital transformation to local enterprises in Asia and nurture fresh talent. As part of Project AsiaForward, Alibaba Cloud is launching the Alibaba Cloud x KrASIA Global Startup Accelerator. A series of Demo Days will be held, presenting startups the chance ...
‘Stay hungry, stay foolish’: How Forrest Li built the ... - KrASIA
WEBMar 24, 2022 · In 2010, after a string of meetings with Pony Ma, co-founder and CEO of gaming giant Tencent, Li secured the exclusive publishing rights of global hit title, League of Legends, in Southeast Asia.Not long after, Tencent also handed over to Garena the publishing rights for three other popular games in the region, namely Honor of Kings, Crossfire, and WeFire.
In the top flight: Everything you need to know about Traveloka
WEBMar 17, 2021 · Unardi dropped out of Harvard. A year later, the trio formally established Traveloka in Jakarta. The company’s name is a portmanteau of its main business and loka, a Sanskrit word that means “world” or “universe.”. A company spokesperson said Traveloka is meant to be interpreted literally as the “world of travel.”. Fast forward to ...
KrASIA | Spotlighting Asia’s next wave of innovations
WEBKrASIA reports the most promising trends and businesses across the tech and startup ecosystems in the Asia Pacific. Uncover the next wave of innovations with us.