Expansion

Yondr Seeks Private Loan for Its Expansion in Malaysia

3 months ago

Data center company Yondr has announced its intention to secure a private loan to fund its expansion in Malaysia. This decision marks a strategic move for the company, aiming to increase its capacity and enhance service quality in one of the fastest-growing markets in Southeast Asia.

Temu Owner Faces Sales Disappointment After Global Expansion Slows

3 months ago

Recently, PDD Holdings, which operates actively through the Temu platform, has faced setbacks in its financial performance. Several factors contributed to this sales decline, which occurred amid a slowdown in the pace of global expansion. The platform, known for its low prices on Chinese goods, struggled to maintain its initial growth, raising concerns among investors and analysts.

Chinese Company Xpeng Aims to Manufacture EVs in Europe to Blunt Tariffs

3 months ago

Chinese electric vehicle manufacturer Xpeng Motors has announced plans to open a factory in Europe. This move is driven by the desire to minimize the impact of import tariffs on the sale of its cars in the European market. The new production facility is expected to enable the company to offer more competitive prices and increase the availability of its models for European consumers.