Vaping leader RLX wins over skeptics with global diversification
The company reported that more than 70% of its third-quarter revenue came from outside its challenging home China market Key Takeaways: Acquisitions in Asia and Europe lifted RLX’s revenue by…
BRIEF: Smoore Int’l revenue rises, but profit falls in first half of 2025
Vaping technology company Smoore International Holdings Ltd (6969.HK) said on Wednesday its revenue rose 18.3% year-on-year to 6 billion yuan ($836 million) in the first half of the year, but…
Starbucks seeks a China partner, and vaping looks to diversify
Starbucks sends invitations for buying part of its China operations. And vaping companies are scrambling to diversify production.
Ispire’s cannabis dreams going up in smoke?
The American vaping company with strong Chinese ties reported its revenue fell 12.7% in the three months to March, as it rushes to set up a new manufacturing facility in…
BRIEF: Global expansion drives strong revenue growth at RLX
Chinese vaping company RLX Technology Inc. (RLX.US) reportedon Friday its annual revenue rose 73.3% last year to 2.75 billion yuan ($380 million), while its non-GAAP net profit rose 3.3% to…
Rebounding RLX plots course beyond China
Tacking against regulatory headwinds in its home market, China’s leading vaping company has begun aggressively diversifying overseas Key Takeaways: RLX’s third quarter revenue rose 52%, as its gross margin rose…
RLX gets smoked in fourth quarter, but sees clearer air ahead
The leading Chinese vaping company’s revenue plunged 82% in the last year’s final quarter, as it took a double blow from new regulations and widespread Covid disruptions Key Takeaways: RLX’s…
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