Starbucks seeks a China partner, and vaping looks to diversify
Starbucks sends invitations for buying part of its China operations. And vaping companies are scrambling to diversify production.
INDUSTRY BRIEF: China regulators intervene in growing food delivery wars
Regulators have stepped in to try to tamp down a growing price war in China’s takeout dining sector. On the evening of May 13, the State Administration for Market Regulation…
BRIEF: Meituan to enter Brazil with $1 billion investment over five years
Food delivery giant Meituan (3690.HK) announced it will expand its Keeta overseas delivery platform into Brazil, following launches in Hong Kong and Saudi Arabia. The company said Keeta will debut…
How did instant retail trigger China’s ‘second takeout war’?
China’s second takeout delivery war is underway — only this time it’s not just about your lunch, but about the entire instant retail market By Lee Shih Ta As…
BRIEF: Meituan launches $13.7 billion subsidy to support merchants, consumers
Meituan (3690.HK) has pledged to invest 100 billion yuan ($13.7 billion) in the restaurant industry over the next three years, focusing on consumer subsidies, merchant support, incentives for high-quality restaurant…
Apple’s AI gamble in China: Did it bet on the wrong horse?
Apple may have miscalculated by teaming with Alibaba in a limited AI partnership, rather than embracing open-source sensation DeepSeek By Vivian Toh When Apple (AAPL.US) recently unveiled its collaboration…
China’s Takeout Delivery Market Gets a Shakeup
China's takeout dining duopoly of Ele.me and Meituan will start offering social benefits for their more than one million of riders. What's driving this change of heart and what will it mean for the market? And JD.com has announced its entering the fray, aiming to take on this established duopoly. What are its chances of success, and what does this mean for the industry?
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