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"Fierce competition among local players in the mid-to-affordable premium market has forced key local players to continuously improve their offerings and roll out advanced features that are more akin to premium level smartphones," said James Yan, research director at Counterpoint.

"Generally, Sisi's re-election equals more stability and makes investors confident in the Egyptian market," said Rashad Abdo, an economics professor at Cairo University and also head of the Egyptian Forum for Economic and Strategic Studies.

"Floating on Nasdaq is both a milestone and a starting point for 111 Inc and our mission is much bigger than public listing on the stock market," said Yu Gang, co-founder and executive chairman of 111 Inc.

"For years, the United States has been seen as the impeccable frontrunner for a big bang coming in the healthcare sector, in terms of money invested in digital healthcare, as well as the number of groundbreaking startups," said Sigal Atzmon, president of Medix Group, an international company that offers medical case management.

"For the matcha sector, China needs to further explore planting techniques, manage the planting scientifically, and strengthen the training of professional talents. Compared with traditional tea, matcha has natural advantages by leveraging the strength of other consumption goods," he said.