Retail and Commerce

The service aims to drive traffic to merchants while giving diners more choice.

Closures in Indonesia and Vietnam mark growing pains, but domestic scale, coffee, and new supply hubs give the group fresh momentum.

A buyer is expected to be chosen by October.

Scalpers are hurting, but the move could bring stability and extend the life of the company’s flagship IP.

Once known for exports, Chinese companies are shaping their own identities abroad and gaining traction.

The fast-growing coffee chain hopes to woo the US market over and overcome skepticism of Chinese brands.

Alibaba is leaning on Hema NB to anchor its discount retail push.

The company favors focus over frenzy, resisting price wars while doubling down on its strongest markets.