Category: News
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In China, half of Kindles are sold in IDLEFISH.
Compared with IDLEFISH’s annual turnover of 400000 units, this means that the number of used Kindle sold is half that of the new Kindle.
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Tesla Refuses to Deliver Vehicles to Chinese Consumers who Participate in low-price Group Purchases.
Tesla China recently refused to deliver vehicles to a group of consumers, claiming that their buying channels were abnormal, according to Chinese media reports. A consumer from Wuhan provided a transcript of his chat on Wechat, in which an employee of Tesla China said: Sorry, we suspect that this order was placed by pinduoduo or…
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Four Months After the Financial Scandal, Luckin Coffee is Still Booming
Luckin Coffee held a mid-2020 meeting within its company on August 8, 2020. The Chinese coffee chain was known around the world in April 2020 when its financial fraud was disclosed. However, in China, the financial fraud incident does not seem to affect the company’s word-of-mouth and actual business operations. According to insiders involved in the…
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KellyOne, the brand created by Zong Fuli, the successor of Wahaha, launches bubble water
In 2019, the size of China’s bubble water market is 15 billion yuan, and with the success of brands such as Genki Forest, this figure is expected to double within five years.
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Adidas and Chinese Milk Tea Brand HeyTea Launched Joint Sneakers
On August 11, 2020, Adidas announced the launch of a joint sneaker with Chinese milk tea brand HeyTea. The sneakers belong to Adidas Originals’s A-ZX series. The series was born to commemorate the XZ series launched in 1984, and 26 styles representing different periodic are planned for the period 2020-2021. This sneaker, which works with Heytea,…
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In the First Half of 2020, Cha Cha Sold $242 million of Sunflower Seeds to the World
On August 10, Cha Cha released its 2020 semi annual report. The data showed that the company realized 2.3 billion yuan (about 331 million U.S. dollars) from January to June, with a year-on-year increase of 15%, and a net profit of 300 million yuan, a year-on-year increase of 34%. Among them, the income from sales…
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Tencent Video releases 64 new animation works
“BLADES OF THE GUARDIANS” is a Chinese cartoon of excellent quality, which once entered the Japanese market and received a good response. The story of “BLADES OF THE GUARDIANS” is based on the history of the Sui and Tang dynasties, completely excluding the well-known elements of romance, and is a cartoon with a relatively mature…
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McDonald’s and Burger King responded that the package used in the mainland market contained no PFAS chemicals
According to reports, a new report points that food packaging used by fast food brands such as McDonald’s, Sweetgreen and Burger King may contain the potentially harmful chemical PFAS. This chemical can better prevent grease from food from seeping into the package. PFAS (per- and polyfluoroalkyl substances) is a “permanent chemical” and is potentially linked to…
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The New Style Milk Tea Brand Naixue’s Tea and VOSS Launched the Joint Name of Cold Brewed Tea.
Recently, Naixue’s tea, a new Chinese brand of milk tea, announced that it would jointly launch cold brewing tea with Norwegian bottled water brand Voss. According to the reports, the two sides will launch two types of cold tea, namely Gardenia Oolong Tea and Wintersweet Maofeng. Gardenia Oolong Tea is based on Oolong Tea in…
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Cha Cha Sunflower Seeds and Designer Toy Brand Rico Launch Joint Gift Box
On August 4th, Chinese nut brand Cha Cha launched a snack gift box linked with the designer toy series RiCO. The gift box contains five kinds of snacks and a random RiCO toy. The snacks are caramel-flavored sunflower seeds, almond, spicy cashew nuts, chestnuts and cranberries. Accordingly, the design of RiCO toys included in this gift box…