We tried Qu Xiaomian, the new noodle chain from the founder of Luckin. It looks to us like it’s just another noodle shop in a crowded market.
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Posted inOn the Cusp
INSIGHTS | Luckin—out of luck
The Olympics may have been delayed, but we saw a gold medal dive from Luckin Coffee’s shares. Its fraud is a cautionary tale—but about what?
Posted inOn the Cusp
Charles Lu: The man behind Luckin and China’s fastest IPOs
Who is Luckin chairman Charles Lu, and why is he still running the show after the company admitted to major revenue fraud?
Posted inOn the Cusp
Starbucks or Luckin? Consumers voice support for locally brewed coffee king
Chinese consumers have reacted positively to the brand, which positions itself as an alternative to Starbucks.
Posted inHeavy Hitters
INSIGHTS | Is noodle chain the new blue ocean for China tech VCs?
Chinese-style noodle chain restaurants first became tech investor darlings in 2021 when the industry faced tightened regulation.
Posted inHeavy Hitters
The Big Sell | China’s grocery delivery fever is cooling down
A new round of consolidation in China’s community grocery delivery market is wiping out all but the largest players.
Posted inOn the Cusp
INSIGHTS | The apps you need in China, in 2017 and today
We’ve updated our list of top apps for living in China in 2020 to reflect how phone home screens have changed—and to think about what it says about the market.
Posted inOn the Cusp
INSIGHTS | Founders behaving badly
After a week of personal scandals involving guys like Jiang Fan and Li Guoqing, we’ve been thinking about how common bad behavior is in tech.
Posted inOn the Cusp
INSIGHTS | ‘Second landlord’ platforms get tenants in debt to fund growth
China’s second landlord platforms are highly susceptible to downturns. Many have already collapsed—and there’s no guarantee even the largest will survive.
Posted inViews
INSIGHTS | China’s shift to enterprise: a quiet evolution
Business tools aren’t always sexy, but they’re one of the biggest stories shaping up in Chinese tech.
