Luckin Tea will launch a separate app and a mini-program focused on lower-tier cities.
Alibaba restructures its local services to better compete with Meituan. Nayuki Tea and Dingdong Maicai go public.
Tencent-backed Tims China, the Chinese venture from coffee giant Tim Hortons, saw its revenue increase 67.9% to RMB 182.1 million ($25.5 million) for the third quarter of 2022, while its net loss widened by 72.4% from last year to RMB 195 million, according to the firm’s first financial report since listing on the Nasdaq following […]
China launches an anti-trust probe into Alibaba and summon executives from Ant Group, Luckin continued to grow in 2020, investment into edtech surged.
Users can locate the nearest coffee machine and place an order through the Luckin app.
Delivery giants Meituan and Ele.me stand to benefit from the coffee giants’ latest battle
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.
This is the first time Luckin has sold branded merchandise as it evolves its marketing and branding strategy.
Luckin Coffee is projected to have the largest coffee network in China by the end of 2019 at its current rate of growth.
ByteDance joins the annual Spring Festival marketing blowout. Alipay prepares for the 2021 red envelope war. Edtech attracts more investment.