
Yum China Q2 Revenue Drops 11%
Yum China Holdings Inc. announced Wednesday that its revenue declined 11% year over year to $1.9 billion in the second quarter of 2020.
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Yum China Holdings Inc. announced Wednesday that its revenue declined 11% year over year to $1.9 billion in the second quarter of 2020.

On March 17, Chinese electric vehicle manufacturer XPeng released its previous year-end financial report. Its total revenue for 2022 was 26.86 billion yuan ($3.89 billion), representing a 28% increase from the previous year.

Guo Ping, the rotating chairman of Chinese telecommunications giant Huawei, delivered a New Year's speech for 2022 on Friday.

During a media communication meeting on March 16, Jiang Han, Vice President of TI and President of TI China, stated that the company's latest objective is to attain $45 billion in revenue by 2030, with the growth rate in China exceeding that of the global growth rate.

Sensor Tower’s recent data showed that the global users of Riot Games’ League of Legends: Wild Rift have spent more than $500 million through Apple's App Store and Google Play.

Chinese e-commerce giant Meituan on Nov. 30 released its unaudited financial results for the third quarter of 2020 ended Sept. 30, with share price falling about 7% in Hong Kong before its third-quarter results were published.

ATRenew has seen robust growth rates over the past year, both in terms of revenue and GMV performance, coupled with a reduced operating loss ratio compared with 2020.

Chinese smart electric vehicle company XPeng announced its unaudited financial results for the third quarter ended Sept. 30, 2020, showing a 265.8% year-on-year increase in deliveries and a 342.5% year-on-year growth in sales.

TikTok and its Chinese version of Douyin have earned more than $102 million in the global App Store and Google Play.

Hangzhou-based internet tech firm and online gaming provider, NetEase, Inc., published its financial report for Q1, 2022. Its net revenue totaled $3.7 billion, up 14.8% year-on-year.

On Wednesday, Chinese tech giant Tencent released its first quarter financial report. In the first quarter of this year, Tencent achieved a revenue of 135.47 billion yuan ($20 billion), which the company considered stable.

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