Tims China Announces First Quarter 2025 Financial Results

Tims China Announces First Quarter 2025 Financial Results

Mr. Dong (Albert) Li, CFO of Tims China, commented, “We continued to demonstrate our capabilities to further improving our financial performance by refining store unit economics and driving efficiencies at both store and corporate levels. We further improved our company owned and operated store contribution margin and adjusted corporate EBITDA margin by 5.9 percentage points…

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China to invest $140 billion in robotics and high-tech innovation over 20 years

China to invest $140 billion in robotics and high-tech innovation over 20 years

China’s National Development and Reform Commission plans to set up a state-backed venture capital fund focused on robotics, AI and cutting-edge innovation. The long-term fund is expected to attract nearly 1 trillion yuan (approximately $140 billion) in capital from local governments and the private sector over 20 years. This initiative aims to continue China’s technology-driven…

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