Yonghui supermarket increases the size of mother and baby, and the new brand "youyuebaobei" is opened at the same time

Chinese Restaurant Brands Going Global: What Keeps Customers Coming Back After the Opening?

How long can the queues outside a brand’s first overseas store last? And how many customers drawn in by the novelty will become regulars? For Chinese restaurant brands expanding internationally, opening a store is only the beginning of the challenge of building a local business and retaining customers.

DYU Raises Nearly CNY 100 Million in Pre-B Round to Expand Overseas Retail and Smart-Mobility Products

DYU（大鱼智行）, a Chinese electric-bike and smart light-mobility company, announced on September 10 that it had completed a Pre-B funding round of nearly CNY 100 million. Tongxin Capital（同鑫资本）led the round, with several other institutional investors participating. The proceeds will support product development, AI capabilities, international brand building and supply-chain improvements.

Anjoy Foods Plans USD 74.25 Million Indonesia Joint Venture to Expand Local Production

Anjoy Foods Group（安井食品）has approved a joint venture to establish food production and sales operations in Indonesia, with the two partners committing combined cash contributions of at least USD 74.25 million. The board approved the proposal on September 9, according to a company announcement dated September 10.

Yonghui Superstores: Net Profit Increases by 32% YoY to CNY 2 Billion in 1Q – 3Q 2020

The outbreak of the pandemic has accelerated the pace of upgrading and transformation in the retail industry.

Yonghui Superstores: Online Business Revenue Soars 243% in 1H 2020

The pandemic has fueled the company's online business.