[New report] Food delivery growth in Southeast Asia accelerated to 13%...
Southeast Asia’s food delivery market experienced accelerated growth to reach US$19.3 billion in 2024, a 13% YoY growth from 2023. This happened after two...
[Press Release] Southeast Asia’s Food Delivery Spend Reaches US$19.3B with Vietnam...
Southeast Asia’s total food delivery spend on platforms grew 13% YoY to reach US$19.3B in 2024, marking a significant acceleration from the 5%...
Live-selling cars in malls? China’s EV retail strategy | Impulso E111
BYD is now outselling automotive giants like Toyota and Volkswagen in China. But beyond the numbers, a bigger shift is happening—Chinese EV brands are...
Mixue overtakes Starbucks as world’s largest F&B chain by store count
Mixue, China’s largest chain of milk tea and ice cream, has become the largest F&B chain globally by store count.
The company filed for a...
[Press Release] Chinese F&B Brands have opened more than 6,100 outlets...
SINGAPORE, 9 January 2025 — Chinese F&B brands have opened more than 6,100 outlets in Southeast Asia as of 31 December 2024, according to a new...
[New report] Chinese F&B brands opened 6,100+ outlets in Southeast Asia
More than 60 Chinese F&B brands have established over 6,100 outlets in Southeast Asia as of 31 December 2024.Â
According to Momentum Works estimates, Southeast...
Our thoughts on Vietnam suspending Temu’s operations
This article was originally published in Chinese on Momentum Works’s Wechat platform, translated into English by Phyllis Pe from the MW team.
Last Thursday, the...
E103 – The Impulso Podcast – Behind the Labubu craze: PopMart...
What is Labubu? Why are Pop Mart's blind boxes so addictive? From the thrill of unboxing to the cultural phenomenon of "ugly cute" characters,...
Luckin Coffee enters Malaysia with an unconventional partner
This article was originally published in Chinese on Momentum Works’s Wechat platform, translated into English by Phyllis Pe from the MW team.Â
In July, rumors...
[Press release] Singapore’s Platform Workers Act may cost the platform industry...
SINGAPORE, 28 November 2024 – According to a new report by Momentum Works, Singapore’s Platform Workers Act could lead to an annual cost increase...
