Kevos: it is planned to invest about 1 billion yuan to build a manufacturing center with an annual output of 12 million high-end intelligent household appliances

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.

With Over US$200 Million Raised, Today AI Wants to Turn “Artificial Intelligence” into “Intelligence for Everyone”

Today AI, a personal AI assistant company, recently announced that it has raised more than US$200 million in cumulative funding. Its investors include IDG Capital（IDG资本）, Tencent（腾讯）, 5Y Capital（五源资本）, Ant Group（蚂蚁集团）, HongShan（红杉中国）, Transsion Holdings（传音控股）, Resonance Ventures (Goertek CVC)（同歌创投）, and SJTU Foundation Lotus Capital（上海交大菡源资产）.

China’s In-home Robotic Manufacturer Ecovacs Robotics Posts 2021 Revenue of CNY 13Bn

It handed out a better-than-expected report card for the fiscal year ended December 31, 2021

Ecovacs Benefits from 'Smart Home' Concept – Stock Up 120% So Far in 2020

As the IoT era and smart economy arrive, the leading Chinese home robotics company Ecovacs stands out as a success story. It has posted its 2020 interim financials with net profit increased 51% YoY and gross margin lifted to 40%.

Cleaning Robot Firm Ecovacs 1H 2020: Reinventing for Strategic Transformation

Corporate re-direction can be highly risky, however the Chinese vacuum cleaning robot vendor weathered its transformation period, maintaining a stable income level.