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3 articles found
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BenzingaBenzinga··Bamboo Works

Chinese Toymaker Bloks Group Swings to Profit on 30% Revenue Surge

Chinese toymaker Bloks Group returned to profitability in 2025 with 634 million yuan earnings, driven by 30% revenue growth and Americas expansion, though margin pressures from budget products persist.
MNSOMATHASPMRTYmargin pressureChina
BenzingaBenzinga··Bamboo Works

China Pivots to 'Joy Economy' as GDP Growth Obsession Gives Way to Contentment

China shifts economic strategy from aggressive GDP growth to 'joy economy,' emphasizing affordable consumer luxuries and psychological well-being over traditional big-ticket purchases.
MNSOCHAPMRTYjoy economyaffordable indulgences
BenzingaBenzinga··Bamboo Works

iQiyi Expands Into Theme Parks as Streaming Platform Seeks Revenue Diversification

iQiyi launches theme parks to diversify revenue amid streaming decline. First park sold out opening day; two more planned in Beijing and Kaifeng.
NFLXIQMNSOrevenue diversificationstreaming