How PDD radically restructures China’s supply chain to support Temu
On 27 May 2026, PDD’s stock fell after its Q1 results. The issue was not that PDD had stopped growing. Revenue was still up...
Molly Tea tussle reveals a common challenge facing expanding Chinese F&B...
For a branded tea chain, losing your own name on the shopfront is about as dramatic as it gets.
That is what appears to have...
[New report] TikTok Shop U.S. GMV grew 68% to reach US$15.1B...
the ecosystem moves into a new phase
GOFO Express has daily order volume surpassing 2.5mil
On 3 December 2025, US-focused last-mile logistics company GOFO Express announced a new record: More than 2,500,000 parcels shipped in one day.
The milestone was...
Mixue to enter the US market
Mixue, the world’s largest F&B chain with more than 46,000 stores globally, is about to open its first stores in the United States -...
Meituan enters the U.S. market, but not via food delivery
It launches a restaurant management system
Inside Luckin Coffee: How they launch 119 drinks a year |...
Luckin Coffee is rewriting the playbook for how coffee chains innovate. From minty coconut lattes to a Moutai latte that sold 5.4 million cups...
[New report] TikTok Shop doubles global GMV in H1 2025, with...
Earlier this year, we published TikTok Shop in the U.S. 2024 detailing TikTok Shop’s performance and detailed data in products, categories, videos, influencers, and...
How can Luckin Coffee launch 119 new drinks in a year
What do you get when a "tech" company makes coffee? 119 new drinks a year — and a Cheese Latte that breaks the internet
