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Luckin Coffee Shanghai
Posted inHeavy Hitters

The Big Sell | Luckin is not dead

by Emma Lee and Eliza Gkritsi Jun 21, 2021Jun 22, 2021

A year after getting kicked off Nasdaq, former unicorn Luckin Coffee is still delivering cheap coffee in China.

Luckin coffee offline store
Posted inHeavy Hitters

Luckin Coffee files for bankruptcy in the US

by Carolyn Surh Feb 6, 2021Feb 10, 2021

Leadership tumult at Luckin appears to be ongoing even as it moves forward with new business developments, including inviting franchise partners.

pinduoduo e-commerce alibaba tech war iphone
Posted inHeavy Hitters

Pinduoduo blasted for user privacy breach, Luckin franchises: Retailheads

by Emma Lee Jan 20, 2021May 31, 2021

Pinduoduo is under fire again for deleting pictures from a user’s photo album without consent. Luckin opens up to franchises in lower-tier cities.

tiktok national security US app bans
Posted inHeavy Hitters

TikTok eyes social shopping, Luckin bankruptcy: Retailheads

by Emma Lee Feb 10, 2021Feb 10, 2021

TikTok is planning to roll out a livestream shopping feature, coffee chain Luckin filed for bankruptcy in the US, Vipshop.com is fined RMB 3 million.

contactless delivery eleme ele.me alibaba on demand delivery driver
Posted inHeavy Hitters

Ele.me faces backlash, Luckin coup: Retailheads

by Emma Lee Jan 13, 2021May 31, 2021

Ele.me is criticized for its treatment of the family of a deliveryman who died on the job. The US may ban American investors from Alibaba and Tencent.

Alibaba China tech investment
Posted inHeavy Hitters

Alibaba to compete with Meituan, Suning bailed out: Retailheads

by Louis Hinnant and Julia Lu Jul 7, 2021Jul 7, 2021

Alibaba restructures its local services to better compete with Meituan. Nayuki Tea and Dingdong Maicai go public.

Posted inHeavy Hitters

China Tech Investor: Will online gaming remain a pillar of China’s digital economy?

by Jill Shen Oct 29, 2021Nov 3, 2021

In this episode, the guys are joined SCMP’s Josh Ye to discuss China’s gaming industry. They go over recent regulations, misconceptions, among others.

alipay bytedance wechat pay mobile payment
Posted inHeavy Hitters

ByteDance joins Spring Festival ad war, edtech funding: Retailheads

by Emma Lee Jan 27, 2021May 31, 2021

ByteDance joins the annual Spring Festival marketing blowout. Alipay prepares for the 2021 red envelope war. Edtech attracts more investment.

logistics JD Logistics Alibaba e-commerce
Posted inHeavy Hitters

JD Logistics IPO, Tencent and Alibaba new offerings: Retailheads

by Louis Hinnant and Julia Lu May 20, 2021May 31, 2021

JD.com’s logistics arm sets a price target for its IPO. Tencent, JD.com, and Alibaba’s new food recommendation app.

Posted inHeavy Hitters

The Big Sell | China’s grocery delivery fever is cooling down

by Emma Lee Aug 19, 2021Aug 20, 2021

A new round of consolidation in China’s community grocery delivery market is wiping out all but the largest players.

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Latest stories

  • China’s Sichuan to cut power use to deal with heatwaves, hitting electronics factories Aug 17, 2022
  • Tencent Music Entertainment Group revenue decreased 13.8% Aug 17, 2022
  • Battery maker Sunwoda reportedly raises $1.2 billion in funding Aug 17, 2022
  • Xpeng Motors plans new ultra-fast 800-volt charging network Aug 17, 2022
  • Tencent plans to sell $24 billion stake in Meituan: report Aug 17, 2022
  • SAIC, Alibaba-backed ride-hailer Xiangdao Chuxing secures $150 million in Series B Aug 16, 2022

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