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Yearly Archives: 2023

Internal Turmoil at East Buy: Yu Minhong Takes Drastic Measures as Hu Xijin Urges Reconciliation Amidst Crisis

The mainland's rising e-commerce giant, East Buy, which successfully transformed from the education and training industry to live streaming sales, is currently experiencing internal...

Yan Palace’s IPO Debut Disappoints: Exorbitant Marketing Costs Unveiled, Celebrities Simba and Liu Guoliang Previously Affected

The much-anticipated IPO of the Yan Palace, endorsed by a popular female celebrity, has finally come to fruition. On December 12th, Yan Palace (HK:01497)...

Temu vs. Shein Legal Battle Resumes: Overseas Expansion and the Crucial Focus on Intellectual Property Protection

On December 14th, Temu filed a lawsuit against Shein in the United States, claiming it had no other choice and alleging that Shein's anti-competitive...

Jiang Xiaobai Faces Challenges as Its ‘Story and Wine’ Appeal Wanes Among Younger Generation in Evolving Baijiu Market

Due to high inventory and slow turnover, the Baijiu (Chinese white spirits) industry has shifted from an era of incremental competition to an era...

Canada Goose Faces Consumer Backlash: From Arrogance to Apology in Chinese Market

In 2018, Jack Ma made a public appearance wearing a green Canada Goose down jacket, successfully promoting the brand. By the end of the...

Baijiu’s Facade of Youthfulness: A Disconnect with the Younger Generation in Its Consumer Base

Baijiu, the Chinese white spirit, is facing challenges in its market this year: on one hand, there is a continuous decline in production. According...

Why Baijiu Faces Slow Sales: A Reflection on China’s Liquor Industry Challenges

Recently, the China Alcoholic Drinks Association announced the postponement of the 2023 Hangzhou International Wine Expo, attracting attention from various sectors. The originally scheduled 2023...

Huawei Unveils Groundbreaking Plans for 2024, Including Hongmeng Native Applications and Ecological Partnerships

According to the Beijing News Beike Finance, on December 9, 2023, Huawei's Pollen Annual Conference was held at the Songshan Lake base. Yu Chengdong, Executive...

Challenges and Opportunities: Lululemon’s Performance in China Amidst Global Slowdown and Domestic Pressures

Recently, Lululemon released its third-quarter financial report for 2023. Overall, the company's performance remains stable, with the Chinese market standing out as a "galloping"...

Chinese Photovoltaic Industry Giants Respond to Speculations of Workforce Reductions and Production Adjustments Amid Industry Changes

Recently, rumors about significant layoffs and production cuts in the Chinese photovoltaic industry have circulated, causing shock in the market. Giants such as Longi,...

After Jack Ma: Liu Qiangdong Takes a Stand and Duan Yongping Supports Alibaba Optimism

Following Jack Ma's statement that "Alibaba will change," Liu Qiangdong has also voiced his opinions. According to reports from "LatePost" and Red Star Capital,...

Temu’s Soaring Success Raises Concerns: A Strained Alliance with Chinese Factories Undermines Long-Term Viability

Temu's outstanding performance in Pinduoduo's third-quarter report has propelled it to the podium, but amid the glory, Chinese factories are shedding tears in silence. In...

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