Browsing Tag

business

107 posts

Free ‘CelebrASIAN’ Conference for AAPI Businesses to Feature Key Politicians, Executives

USPAACC

Nonprofit Asian American chamber of commerce USPAACC is hosting a free virtual conference that aims to inspire AAPI business professionals through a series of panels and networking booths with major corporations, diversity businesses and government agencies.

The annual expo: “CelebrASIAN Business + Procurement Conference,” a three-day virtual event from June 8-10, features discussions with prominent executives from government, education and business corporations. 

Pepsi Accused of Copying an AAPI Brand and Launching It on Heritage Month

Pepsi

A Filipino American entrepreneur has accused Pepsi of forcing her company to change its name and plagiarizing their product while claiming to support women-led small businesses.

To add to the insult, Celeste Perez, who co-founded Droplet, said a Pepsi employee bought their drink before the beverage giant launched a similar version right on Asian Pacific American Heritage Month.

Organizations Call on American CEOs to Address Anti-Asian Violence

business organizations

Three business organizations of color have banded together to call on U.S. chief executive officers to address the growing incidence of hate crimes against Asian Americans.

In an open letter on March 10, the Asian American Business Development Center (AABDC), U.S. Black Chambers and the U.S. Hispanic Chamber of Commerce said that the longest-lasting impact against the violence comes from corporate employers, who are in a unique position to influence social change.

He Started With One Domino’s Pizza, Now He’s Worth $10 Million

Trung Vien, a son of immigrants who migrated to Australia from Vietnam with nothing, is now worth millions today by making bold choices and taking risks in business early on. 

First time entrepreneur: Vien was 24 years old when he decided to quit his job as a financial planner helping people buy stocks at a bank and start his first business venture by opening a Domino’s Pizza branch, according to News.com.au.

90% of Minority, Women-Owned Businesses May Never See Government’s Paycheck Aid

small businesses

Three in four Asian-owned small businesses could fail to get a loan from the Payment Protection Program (PPP) due to the way the initiative was designed, lending experts believe.

Set up by the U.S. Small Business Administration (SBA), the PPP aims to provide a direct incentive for small businesses to keep their workers on the payroll amid the COVID-19 pandemic.

He Was a Factory Welder Before Building the Multi-Billion-Dollar Haidilao Hot Pot Business

Haidilao

In an age where billionaires represent the pinnacle of financial success, one entrepreneur stands out for banking on a product unique to Asian culture — and now enjoyed by customers in about 600 locations worldwide.

With a current net worth of $12.2 billion, Zhang Yong, 49, has become the richest man in Singapore, all thanks to his hot pot empire Haidilao.

Chinese American Businesses Suffer in NYC Because of Coronavirus, But the City Has 0 Cases

Chinatown

Business owners in Manhattan and Queens in New York are reporting a significant drop in customers over fears of the 2019 novel coronavirus (2019-nCoV or COVID-19) even though there are no confirmed cases in the state.

In a press conference on Wednesday, executive director of the Chinatown Partnership, Wellington Chen, noted there were a lot of cancellations and low foot traffic at many businesses in Chinatowns across the city, according to the Gothamist.

Chinese Teen Turns Mom’s $119 into $2,455 in 8 Days During School Break

A 14-year-old boy from Beijing is going viral after he turned the 800 yuan ($119) he borrowed from his mother into over 16,443 yuan ($2,400) in a matter of 8 days by opening an ingenious mini arcade business.

Using the money he borrowed, the teen, identified only as Yang, bought 400 glass bottles and 300 ping pong balls and started a mini game arcade stall, according to China Press as translated by World of Buzz.