Delivery giants Meituan and Ele.me stand to benefit from the coffee giants’ latest battle
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How Luckin Coffee is reforming China’s coffee culture
A former tech executive who drinks three to five cups of coffee each day — perhaps at least two of them from Starbucks — Jenny Zhiya Qian must have asked herself: Why do people want coffees? People from Italy — where drinking coffee is considered a national lifestyle — might have a different answer from […]
Posted inTurf Wars
China’s coffee war moves up a notch as Luckin and Tencent ink strategic agreement
With tech giants moving aggressively into new retail, the coffee market is reaching its boiling point.
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Luckin says Alibaba deal doesn’t make Starbucks new retail
Guo Jinyi, co-founder and senior vice president at Luckin, responded to the Alibaba-Starbucks deal by saying that traditional retail, even with the increased takeaway and mobile payments, is not necessarily new retail since the fundamental business model had not changed.
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Starbucks enters strategic partnership with Alibaba to fend off Luckin rivalry
The rumor about a possible tie-up between Starbucks and Alibaba-backed delivery service Ele.me has been around for a while. But it turns out that the partnership is much larger in scale than previously thought. The partnership will cover nearly every key business within the Alibaba ecosystem, including Ele.me, Hema, Tmall, Taobao, and Alipay.
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China Tech Talk 56: China coffee wars revisited: Luckin vs Starbaba
John and Matt discuss the significance of the Starbucks, Alibaba deal.
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Briefing: Starbucks to expand delivery service to 9 other cities in China
Starbucks partnered up with Alibaba in August hoping to tap into China’s red-hot on-demand delivery market.
