Pet tech boom lifts Dogness revenue, but investors aren’t biting
The pet pioneer’s business is getting a lift from products like smart collars and intelligent feeders, even as its core leash business is in the doghouse Key Takeaways: Dogness reported…
Brand expansion deflates Topsports’ top, bottom lines
The former top China distributor for Nike and Adidas is betting on a “running + community” concept to penetrate the performance sports market with a new self-developed brand Key Takeaways:…
From grocery giant to produce pauper: Can Sun Art turn the aisle?
The operator of the formerly popular RT-Mart chain has lost money in two of the last three years, as a big-name private equity investor tries to turn it around Key…
Beauty Farm pretties up with major acquisition
The beauty services provider will buy rival Siyanli for 1.25 billion yuan, positioning it as an industry consolidator following a recent string of similar purchases Key Takeaways: Beauty Farm will…
China bets big on stocks as consumers fret over pre-made food
Team China has pumped $550 billion into the country's two main stock markets, buying up nearly 5% of the market value of all listed companies. What's the thinking behind this strategy? And pre-made foods are in the spotlight after a popular blogger criticized a major restaurant chain for using such products. Why is this such a sensitive subject in China?
Freshly prepared ‘sauerkraut fish’: Jiumaojiu’s salvation or a new sinkhole?
Once a dominant force on China’s dining scene, the restaurant operator is hoping to revive its business by using live fish killed and prepared on-site for its signature dish Key…
China Travel International sheds property unit to focus on core business
The travel and tourism company will spin off its tourist property segment and significantly reduce its capital in a major restructuring Key Takeaways: China Travel International will spin off its…