The new service expands on previous partnerships between Starbucks and Alibaba, including voice ordering on virtual assistant Tmall Genie
Iqiyi, often called the Netflix of China, is another short seller target following beverage chain Luckin Coffee’s spectacular downfall.
The lending and wealth management unicorn Lufax is looking to tap into US capital markets, as regulators are increasing scrutiny of Chinese tech listings.
China fined five community group-buy platforms for price dumping, the “she economy” is on the rise as modern Chinese women power growth.
A closer partnership with Alibaba may help Starbucks in its competition with Luckin.
Trip.com debuts in Hong Kong for a secondary listing, Meituan is selling $10 billion in convertible debt to support its community group buy unit.
Suzhou lottery winners can spend their RMB 200 of the digital yuan at JD.com, Didi, Meituan, or Bilibili—or pay their Party dues.
Alibaba Local Services Company is embracing “new retail” to fend off competitors such as Tencent-backed Meituan.