Mengniu Dairy: revenue of 45.91 billion yuan and net profit of 2.95 billion yuan in the first half of the year

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.

Horizon Robotics Secures JD Logistics Design Win as Journey Chip Shipments Top 15 Million

Horizon Robotics（地平线）said on September 9 that its Journey 6P computing platform has been selected for JD Logistics’（京东物流）sixth-generation Dulang（独狼）Plus L4 autonomous delivery vehicle, extending its automotive chip business into unmanned logistics. The announcement, made at JD’s 2026 Global Tech Explorer Conference, comes as Horizon reports cumulative shipments of more than 15 million chips across its Journey family.

Chinese Dairy Giant Yili Records a Revenue of CNY 110 Bn in FY 2021

It is the first dairy company in Asia with revenue over CNY 100 billion

Mengniu Dairy Forecasts Net Profit to Decline 60% YoY in 1H2020

Meat production companies performed better overall than dairy companies in the first half of 2020.