Dwell: shareholders Yang Jianmin and Lu Weidong plan to reduce their total shares by no more than 7.5%

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.

Leapmotor Starts B10 Production at Stellantis’ Spanish Plant, Deepening European Manufacturing Partnership

Leapmotor（零跑汽车）has begun production of its B10 electric SUV at Stellantis’ Zaragoza plant in Spain, extending its European business from vehicle sales into local manufacturing through an established automaker’s industrial network.

Pony.ai Begins Manchester Robotaxi Tests with Uber and Verne, Extending UK Expansion

Pony.ai（小马智行）, Uber and Croatian mobility company Verne announced on October 14 that Pony.ai’s seventh-generation robotaxis were testing in Manchester, adding a second British city to their expansion plans following an earlier London announcement. The move extends the partners’ European collaboration, although a launch date for public passenger service in Manchester has not been disclosed.

Dutech Acquires Selected Accell Assets, Expanding European Bicycle Portfolio

Singapore-based Dutech Holdings has completed the acquisition of selected brands and assets from bankrupt Dutch bicycle group Accell, expanding its European bicycle business through a deal that combines established consumer brands with local manufacturing operations.

Anjoy Agrees to Acquire 60% of Singapore’s IFC for US$30.5 Million

Anjoy Foods Group (安井食品) has agreed to acquire 60.0005% of Singapore-based International Foodgnostics Corporation Pte. Ltd. (IFC) for US$30.47 million in cash. The proposed acquisition would add frozen bakery capabilities and operations in China, Singapore and Malaysia.