The sector is expanding much faster than broader economies in the region.

Keeta is gaining traction in international markets as the company ramps up investments in AI and retail initiatives.

Qianniu sits at the center of the plan, evolving into an agentic AI platform to anchor a new token-based operating model.

The chairman has shrugged off the drop in gold prices amid the Iran war and is targeting expansion in Southeast Asia and Japan.

With no clear successor to its breakout IP, uncertainty remains around the company’s long-term prospects.

The CEO talks of impending market saturation, “dark stores,” and entry into the Bangladesh market.

Luckin’s latest acquisition and Mixue’s coffee trials point to a widening split in strategy.

New subsidies, tools, and incentives aim to help sellers improve earnings in a more competitive market.

Adoption was strong during the campaign, but it remains unclear if user behavior will persist after incentives fade.

Sunon aims to expand under its own brand and move beyond contract manufacturing.