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2024-12-17 02:21:03

Chinese brands face mixed fortunes in Southeast Asia’s complex markets
Success in Southeast Asia demands a delicate balance of e-commerce expansion, deep localization, and overcoming supply chain hurdles. When the tide of speculative capital subsides and predictions of explosive growth fail to materialize, some players inevitably clear out, while new ones, sensing opportunity, move in. The brightest story of Chinese brands venturing into Southeast...

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News Global

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2024-12-17 02:24:26

Xiaomi readies for EV exports, bets on ecosystem to boost global reach
Riding on its ecosystem strength, Xiaomi looks to replicate its smartphone success in the electric vehicle market. Facing stiff competition in China’s saturated automotive market, Xiaomi is ramping up efforts to expand internationally. Sources close to the matter told 36Kr that Xiaomi is actively preparing to enter overseas automotive markets, underscoring its ambition to...

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