Luckin Coffee Inc
Starbucks and Luckin are vying to win the coffee wars. I tested both out
Here’s my first dilemma of the day: the new Luckin Coffee near my office in Hong Kong wants me to download their app for a $2 drink. Without it, it’s $3.75. Fine. I register, get a WhatsApp code and scroll through their menu: fruity Americanos, a seasonal kale tea and the coconut milk latte — […]
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Chinese consumer companies signal spending is picking up again
Shoppers line up to shop at a Laopu Gold outlet in Deji Plaza in Nanjing, China, on Feb. 21, 2025. Fang Dongxu | Feature China | Future Publishing | Getty Images BEIJING — Chinese companies’ latest earnings reports point to an improvement in consumer spending, though it’s not necessarily back to pre-pandemic levels. E-commerce giants […]
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Coffee chains are crowding Singapore in hopes of jumpstarting their world expansions
Group of buddies at a restaurant Santiago Nunez | Klaud9 | Getty Pictures The Singapore espresso market is now crowded, but brands proceed to open new areas in the city-state in hopes good results on the island will kickstart intercontinental expansions. In the final several months, at minimum 5 players – China’s Luckin Coffee, Indonesia’s […]
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China’s AI applications are coming — where by it issues for monetization
Chinese companies are earning announcements about synthetic intelligence all over again – this time about programs. Search engine huge Baidu before this thirty day period unveiled, between other AI instruments, a platform for building promotion strategies – related to Google’s AI-run ads. Early company testers of Baidu’s AI advertisement platform, known as QingGe, explained to […]
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