Fengyi IPO tests AI’s ability to fix China’s unmanned retail problem
The company is part of a second generation of unmanned retailers, as its Hong Kong IPO tests investor appetite for a cabinet network offering help-yourself snacks and drinks Key Takeaways…
Transformation gobbles up Smart Share Global’s profits
The company known for its network of Energy Monster smartphone recharging stations fell into the red in the first quarter, ending a streak of four consecutive quarterly profits Key Takeaways:…
VNET Slashes Expansion Plans as Private Equity Buyout Remains in Play
The smallest of China’s three private data center operators by market value cut its 2022 plans for new cabinet installations by 30%, citing delayed customer demand Key Takeaways: VNET has…
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