Consumer Economy

A restructuring will see more than half of its employees depart as focus shifts toward Flyme, AI software, and automotive systems.

Its first product, Lightwear, embeds a proprietary OS in earbuds to expand the offline scenarios where AI can assist.

As backlash exposes deeper structural strains, Xibei’s founder is forced to rethink costs, pricing, and the chain’s ambitions.

Heavy investment in emerging segments weighs on the group’s profitability.

The German sneaker maker sank to a record loss in 2025.

The annual Barcelona event offered a glimpse of the latest emerging technologies.

Nestle will retain part of the business while allowing Luckin to leverage Blue Bottle’s brand.

The underlying economics of Shopee, Monee, and Garena may be behind the selloff.