Desai Xiwei: add the post of vice chairman to be held by gaodapeng

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.

SHEIN Expands Polish Logistics Hub with EUR 500 Million Investment

SHEIN（希音）announced a further EUR 500 million investment to expand its European logistics hub near Wrocław, Poland. The company said the investment would bring its cumulative spending in Poland since 2022 to EUR 1 billion and support faster order fulfilment across Europe.

EU Conditionally Clears JD.com’s Takeover of CECONOMY

The European Commission conditionally approved JD.com’s（京东）proposed acquisition of German electronics retailer CECONOMY AG on November 3. The decision clears the transaction under the EU’s Foreign Subsidies Regulation and makes a set of ten-year commitments binding on the companies.

Li Auto, Nvidia and Desay SV Automotive Sign a Tripartite Agreement 

Li Auto's second product, a full-sized SUV, will be the first to use Nvidia's Orin system-on-chip product. 

Self-driving and IoV to be New Business Engines for Desay SV

The intelligent cockpit has been the firm’s core business, taking up 90% of revenues; Desay SV is pivoting towards ADAS and IoV to capture opportunities in the era of autonomous driving.