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Yonny finds success with global expansion

Customers have lunch at a Yonny branch at a shopping mall in Petaling Jaya, outskirts of Kuala Lumpur, on March 26, 2025. VINCENT THIAN/AP Beijing-based Chinese fast food brand Yonny serving suan cai yu, or boiled fish with pickled cabbage and chili, is going popularity in overseas markets. The table turnover rate of its outlet…

Hitachi signs residential elevator renewal deals for Greater Bay Area

The 17th World Elevator and Escalator Expo is held in Guangzhou, the capital of Guangdong province, from Wednesday to Saturday. [Photo provided to chinadaily.com.cn] Hitachi Elevator (China) Co, an arm of Japanese electronics giant Hitachi Ltd, has signed agreements with a number of property companies and clients in the Guangdong-Hong Kong-Macao Greater Bay Area for…

Passengers of Shanghai-Buenos Aires flight get free museum admission

Passengers on board the world’s longest one-way flight will be eligible for free admission to 11 museums in Buenos Aires, the capital of Argentina, according to Shanghai-based China Eastern Airlines. [Photo provided to chinadaily.com.cn] Passengers on board the world’s longest one-way flight will be eligible for free admission to 11 museums in Buenos Aires, the capital…

Walmart reports strong growth in China, e-commerce sales surge

Walmart Inc reported its first-quarter results for fiscal year 2027 on Thursday, with strong performance in the Chinese unit. Walmart China posted net sales of $8 billion in the first quarter, marking a 22.3 percent increase year-on-year. E-commerce sales were a standout, rising 31 percent and accounting for 50 percent of total sales — up…

Lenovo records best-ever fiscal year

Lenovo Group Ltd delivered an exceptionally robust financial result in the quarter which ended in March, the company said, posting the strongest fiscal year in the company’s history on the back of AI growth. During the quarter, overall revenue reached an all-time fourth quarter high of $21.6 billion, up 27 percent year-on-year, marking the highest…

Ninebot unveils new tech aimed at improving riders’ experience

Chinese two-wheeler maker Ninebot has rolled out two new technologies for electric mopeds, reinforcing domestic industry players’ technological acumen in vehicle-control systems and multi-vehicle coordination. Through self-developed dynamic balance algorithms and vehicle-control systems, the Mole Self-Balancing 2.0 can adjust the vehicle’s posture in a rather short control window, according to the company. “In daily use,…

WPP bets big on China reinvention

Global marketing service provider WPP launched WPP Open | China, an agentic marketing platform tailored for the Chinese market, on May 8. The company said the platform, the first fully localized agentic marketing platform developed by an international advertising company specifically for China, will serve as a cornerstone for WPP’s transformation toward greater integration and…

Chinese steel firm expands role in Saudi tower project

Jinggong Steel International, a subsidiary of Jinggong Steel Building Group, has won a contract for work on the main steel structure above the 120th floor of Jeddah Tower in Saudi Arabia, marking a further step in the Chinese steel structure company’s expansion in the Middle East. Under the latest contract, Jinggong Steel International will handle…

Magnum pins growth on Chinese cravings for sweet indulgence

A boy enjoys ice cream at a Magnum pop-up store on Hubin commercial street in Hangzhou, Zhejiang province, on May 4. CHINA DAILY At a sprawling factory in Taicang, Jiangsu province, Peter ter Kulve, CEO of The Magnum Ice Cream Company, watched as a robot dog patrolled the factory complex. Nicknamed Ne Zha, the robot…

Lenovo pours 1 trillion tokens of computing power into AI ecosystem

Liu Jun, president of Lenovo China. [Photo provided to chinadaily.com.cn] Chinese tech heavyweight Lenovo has announced a massive push to accelerate the development of its Tianxi AI ecosystem, pledging 1 trillion tokens of computing power and establishing a multi-million-yuan incentive fund for developers and users. The move aims to foster collaboration among industry partners, developers…