CEO Joey Wat highlighted that "Building on our first half momentum, we achieved another solid quarter 3, accelerating store openings, driving growth in both same-store and system sales and expanding ...

Costco has built a cult following in the United States — now it’s China’s turn. The country’s first Costco store is so popular that it had to shut down early on its first day because of too many ...

As Starbucks sells off most of its China business, local rival Luckin Coffee is expanding into higher-priced cold brews and other drinks. Luckin is selling the drinks at its new Shenzhen flagship ...

Swedish EV brand Polestar has closed its last direct-operated store in China, located at Shanghai’s Qiantan L+Plaza, according to Chinese media outlet Blue Whale Auto. The company confirmed the move, ...

Apple removed Bitchat from its China App Store after Beijing’s internet regulator said the messaging app broke rules for ...

The controversial 30% App Store commission continues to be attacked by regulators worldwide. China is the latest region with a win, where Apple has pushed the rate down to 25%. Chinese regulators have ...