‘Stay hungry, stay foolish’: How Forrest Li built the ... - KrASIA
WEBMar 24, 2022 · In 2010, after a string of meetings with Pony Ma, co-founder and CEO of gaming giant Tencent, Li secured the exclusive publishing rights of global hit title, League of Legends, in Southeast Asia.Not long after, Tencent also handed over to Garena the publishing rights for three other popular games in the region, namely Honor of Kings, Crossfire, and WeFire.
Transsion taps on Africa expertise to challenge smartphone rivals …
WEBDec 8, 2023 · Transsion has maintained a relatively stable market share in Africa, which has hovered around 40% in the past two years. Beyond the continent, Pakistan and Bangladesh have also emerged as key markets for Transsion, with market shares of 37.9% and 21.5% respectively in 2022. These regions form the cornerstone of …
Inside Tokopedia, the Indonesian e-commerce company offering
WEBMar 22, 2021 · Starting with an online marketplace, Tokopedia has diversified to offer a broad range of services for its 100 million users. Tokopedia is a pioneer of e-commerce in Indonesia. After serving millions of consumers and merchants for more than a decade, this unicorn company is planning to go public in 2021, possibly through a …
The top Chinese short-video apps in 2020 vying to grab your
WEBApr 1, 2020 · By number of MAU, the nine Chinese short-video apps are Douyin (550 million), Kuaishou (490 million), Xigua Video (270 million), Douyin Huoshan (170 million), Weishi (120 million), according to data provider Questmobile. Other popular apps, according to different data and sources, are Haokan (69 million as of June 2019 ), …
Taiwan’s PSA weighs Asia expansion to catch 5G and EV boom
WEBNov 4, 2021 · Taiwan’s PSA weighs Asia expansion to catch 5G and EV boom. Taiwan’s leading provider of electronic components plans to expand its production capacity across Asia despite flagging the possibility of a near-term dip in demand, as the company bets on the emergence of parts-hungry tech like 5G and …
After 33 years, McDonald’s is finally accelerating its ... - KrASIA
WEBFeb 14, 2024 · After 33 years, McDonald’s is finally accelerating its expansion in China. Written by KrASIA Connection Published on 14 Feb 2024 5 mins read. McDonald’s wants to boost its presence in China from 6,000 to 10,000 stores by 2028, but faces competition from another global fast food chain with a broader footprint. 2023 marked a year of rapid ...
The Korean wave: Outsized influence on global pop culture
WEBNov 8, 2021 · The dystopian South Korean series “Squid Game” has become a global phenomenon and pop culture sensation, attracting 111 million viewers on Netflix in less than a month after its debut in September 2021. In February, the world’s most popular streaming platform announced plans to spend USD 500 million this year alone on series and films produced in South Korea, demonstrating the draw of ...
With over 36,000 stores worldwide, Mixue Bingcheng is ... - KrASIA
WEBFeb 5, 2024 · As a global made-to-order beverage company, Mixue Bingcheng focuses on offering a high-quality and affordable range of made-to-order fruit drinks, teas, ice creams, and coffees, each priced at approximately RMB 6 (USD 0.8) per serving. As of September 30, 2023, the company operates over 36,000 stores in 11 countries.
Kuaishou’s Kling AI video generator launches globally to ... - KrASIA
WEBJul 29, 2024 · Kling AI supports both text-to-video and image-plus-text-to-video generation, positioning it as a competitor to OpenAI’s Sora, which is still limited to a select group of users. The efficiency of Kling AI’s generation capabilities is notable. Each 5-second video clip takes approximately 5 minutes to generate, equating to 1 minute per second ...
Chinese automakers make headway in Vietnam’s car market
WEBJan 22, 2024 · More automakers are gearing up for a comeback in Vietnam. According to the People’s Committee of Thai Binh Province in Vietnam, Chinese car manufacturer Chery has signed a deal with Vietnam’s Geleximco Group to establish a car factory with an annual output of 200,000 vehicles in Thai Binh province, with a …