NEWS WRAP: Chagee posts double-digit growth, as global expansion advances
The premium tea chain’s revenue rose 10.5% in the second quarter, as it entered the U.S. with its first store in Los Angeles https://youtu.be/4XDOwHwZ-cI By Doug Young Premium tea…
Chinese game operators shift focus to overseas expansion, AI
Companies are enhancing their development capabilities and accelerating their moves into foreign markets to offset slowing growth at home By Research-Select In a bid to standardize regulation of the…
FAST NEWS: Pop Mart profit soars on overseas sales surge
The latest: “Blind box” collectible toy seller Pop Mart International Group Ltd. (9992.HK) announced Tuesday its net profit for the first half of 2023 jumped 42.3% year-on-year to 477 million yuan ($66 million).…
Henlius Swallows Bitter Pill in Watered-Down Licensing Deal
The innovative drug company will receive less benefits from an existing licensing deal after revisions to reflect high R&D costs Key Takeaways: Henlius Biotech will receive up to $11 million…
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