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Gong Cha changes hands in $635 million deal
Earlier this year, sources estimated the business could be valued at around US$2 billion.
Financial
Coupang records quarterly loss as data breach fines weigh down bottom line
The company swung to a net loss of US$570 million in Q2, mainly due to the administrative fines of nearly $410 million.
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Food & beverage Yum China bets big on expansion as KFC and Pizza Hut thrive
Alongside its core brands, Yum China is scaling a portfolio of newer concepts.
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Retail Transformers
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How OnTheList’s Delphine Lefay Dultzin solved luxury’s excess inventory problem
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Digital
Financial Coupang records quarterly loss as data breach fines weigh down bottom line
The company swung to a net loss of US$570 million in Q2, mainly due to the administrative fines of nearly $410 million.
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Dive into our free retail resource hub - the home to industry reports, guides, annual lists and more.
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IR Pro
What Pop Mart’s Sentosa bakery says about the business of IPs
Pop Mart is trying to migrate from selling objects to operating a character universe with multiple tills.
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