Business

Even as its toy sales soar overseas, Pop Mart faces pressure at home over how it markets blind boxes.

Apple launches a USD 99.2 million clean energy fund in China to help transition its supply chain to 100% renewable energy by 2030.

Nike faces declining sales, especially in China, with restructuring and tariffs hindering growth.

Photo by FMT Summary JD.com outperformed quarterly revenue expectations, with strong demand and year-end sales. The company saw double-digit growth in key metrics, including active users and shopping frequency. The Chinese government's stimulus measures and incentives boosted JD.com 's sales in sectors like home appliances. JD.com, one of China's leading e-commerce giants, has reported a stellar performance, surpassing market expectations for its quarterly revenue. The compa

Adidas China saw double-digit growth in 2024, driven by localized operations and a stronger focus on sports fashion.

The decline in Kweichow Moutai’s demand threatens both the company’s growth and Guizhou province's financial stability.

DeepSeek's cost-effective AI model raises eyebrows globally, challenging industry norms and causing a stir in AI investment strategies.

Miniso raises $550 million in debt to fuel global expansion and share buy-backs, supporting its goal of becoming a global lifestyle leader.