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61 stories in this topic
Banu, a premier hotpot brand originating from Mainland China, has broadened its horizons by launching its very first establishment in Hong Kong. Established in 2001, Banu has seen rapid expansion, operating over 200 outlets across Mainland China. The brand’s…
Luckin Coffee, the largest cafe chain in China, has bolstered its presence in Malaysia by establishing three new outlets in the city of Johor Bahru last July. The first two branches were launched at Sutera Mall and Austin Heights early in the month, followed…
Japanese retail giant Seven & I, proprietor of the international 7-Eleven chain, saw its share price increase by 3% on the Tokyo stock market this past Friday. This rise comes amidst discussions of the corporation’s potential acquisition of a share in Zabka…
In significant financial news, payment giant PayPal Holdings Inc has reportedly received a joint acquisition bid from payments provider Stripe and private equity powerhouse Advent International. The offer, which values PayPal at a staggering $53 billion USD,…
TheVenti, a leading coffee chain from South Korea, has recently announced its introduction to the Philippine market in partnership with JJR Brothers, a local distributor of food and beverages. Known for its large 20-ounce servings, TheVenti was established in…
Alumax Boats, a Dutch firm known for supplying water taxis for the 2012 London Olympics, has launched its first shipyard outside its homeland in Vietnam, through a joint venture partnership. This expansion was marked with a grand inauguration ceremony held on…
Mobile World Investment Corporation, a renowned retail conglomerate in Vietnam, recently made a significant move in the business world by separating its electronics retail chain, Dien May Xanh, through an initial public offering (IPO) valued at US$505…
Swiss digital asset banking conglomerate, Sygnum, is amplifying its expansion efforts throughout Europe following the procurement of a Markets in Crypto-Assets (MiCA) license for its Liechtenstein-based subsidiary. This approval paves the way for the firm to…
Birkenstock, a well-known German footwear brand, continues to broaden its reach in India with the opening of its largest in-mall store in Chennai. This latest endeavour elevates the brand’s presence in India to a whopping 63 stores, a remarkable leap since…
UK-based sportswear retailer Castore has recently announced its acquisition of the longstanding footwear brand Grenson Shoes. This strategic move is aimed at bolstering Castore’s financial stability and expanding its product portfolio. Embracing Heritage…
The Chinese home-dining retailer, Guoquan, is planning to extend its business to Hong Kong. This move signifies the company’s first initiative outside Mainland China, aligning with their international expansion plans. The retailer anticipates the launch of…
JudyDoll, a popular beauty brand from mainland China, has recently ventured into the physical retail space, having inaugurated its first store in Hong Kong. This move signifies the brand’s ongoing efforts to expand its horizons beyond e-commerce, marking a…
Li-Ning, a prominent sportswear company in China, has recently announced a multi-faceted partnership with NBA Star, Stephen Curry. This exciting collaboration will initially emphasize on the sport of basketball and golf, with future plans to expand into…
BHC Chicken, a renowned fried chicken brand originating from South Korea, is setting its sights on broadening its reach within Southeast Asia, with plans to launch in Vietnam. This move is part of an ongoing expansion strategy that is rapidly growing the…
The world’s largest food and beverage chain, China’s Mixue, experienced a decrease in its international outlets in 2021. A significant number of these closures occurred in Indonesia and Vietnam, as the company strived to enhance its operations and efficiency.…
Fonterra, the world’s foremost dairy exporter, has concluded its internal hunt for a new Chief Executive Officer (CEO) by naming the veteran employee, Richard Allen, as successor. Richard Allen: The New CEO of Fonterra Richard Allen, who started his career…
