Counterpoint: China's smartphone Q4 shipments fell by 11% and its market share reached the second place for the first 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.

AliExpress Expands YouTube Shopping Partnership to UK, Germany, Brazil and US

AliExpress（速卖通）, Alibaba’s（阿里巴巴）cross-border e-commerce platform, announced a global strategic affiliate partnership with YouTube on October 20, expanding cooperation to the United Kingdom, Germany, Brazil and the United States. The arrangement gives eligible creators another source of products to recommend and provides AliExpress merchants with an additional route to overseas consumers.

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.

Haitian: Revenue Growth Rate Remains at 20%, in Line with Expectations for 3Q 2020

The course of Guangdong condiment company Foshan Haitian reflected segment generally enjoyed high growth in the second quarter. After the 3Q growth rate returned to normal levels, the secondary market reacted negatively.

Condiment Company Haitian Forecasts Net Profit to Rise 13% YoY in 1H2020

Listed companies in China's condiment industry saw positive revenue and net profit growth.