Tag: Chinese Company
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From Charging Cables to Global Domination: The UGREEN Success Story
Discover the story of UGREEN, a Chinese electronics brand that rose from humble beginnings in Shenzhen to become a global player. Learn how they conquered the Apple accessory market, built a loyal customer base, and redefined “Made in China” for a new generation.
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Every dog has its day: China’s largest second-hand trading platform – Xianyu
Xianyu is currently the largest second-hand trading e-commerce platform in China, similar to ebay in Europe and the United States and Mercari in Japan. Its Gross Merchandise Volume exceeds RMB 200 billion, according to a report for fiscal year 2021 (April 1, 2019 to March 31, 2020). But few people may know that its predecessor…
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Luckin Coffee: The number of stores in China has surpassed Starbucks
Despite the financial fraud scandal, Luckin is still a deserving coffee unicorn in China. By the end of 2021, its total number of stores had reached 6,024, surpassing Starbucks China’s figure of 5,557, for real.
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The Chinese fresh ice cream & tea brand that exploded on the Internet with its theme song, Mixue Bingcheng
Most people may not expect that this ice cream & tea brand, which already has more than 20,000 stores, was started with an RMB 4,000 loan from his grandmother by its founder, Zhang Hongchao, and his business process is also full of ups and downs.
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Weilong, became a unicorn with its Latiao and konjac shuang
On May 12, 2021, Weilong submitted an application for listing, it’s Pre-IPO financing has a post-investment valuation of more than RMB 60 billion, equivalent to the combined market capitalization of Qiaqia Food, BESTORE and Three Squirrels, the latter three of which are all listed casual food companies in China. If Wei Long can successfully go…
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A brief history of Tencent, the Eastern BIG TECH
One of China’s largest Internet companies, Tencent, with a market capitalization of about RMB 4.53 trillion (about USD 0.71 trillion), is the closest Chinese company to a trillion-dollar market capitalization. In this article, we will review the important points in Tencent’s growth process. It will help you understand how it has grown step by step…
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Genki Forest sweeps the top three of Amazon’s New Releases in Sparkling Drinking Water list and will further promote the process of internationalization
In mid-December 2021, Genki Forest aluminum-can sparkling water made it to the top 10 of Amazon Best Sellers in Sparkling Drinking Water in the United States. In the list of New Releases in Sparkling Drinking Water, it even took the top three spots. Genki Forest is also the only Chinese beverage brand to enter the…
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miHoYo and its Metaverse dream
miHoYo, from a small team of a few people to a Chinese gaming giant with an annual revenue of 5,000,000,000 RMB, and set out for the metaverse.
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Can Xiaohongshu be Instagram’s Chinese version？
Instagram’s Chinese imitator, Xiaohongshu, has reached a valuation of $20 billion in just under a decade and has come out with a unique path of its own style.
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The history of the Yihai Kerry Arawana’s grain and oil empire
How did Golden Arawana grow from selling a small barrel of cooking oil to one of the world’s top three grain and oil groups with a market value of over RMB 330 billion in 30 years?