Tag: china

Chains

Starbucks Will Open an All-Day Restaurant in Shanghai

3 days ago

Starbucks' renewed focus on China comes as it has rethought strategies in other global markets. Where laissez faire works in Europe, it doesn't in China.

Chains

Starbucks No Longer Dominates the Coffee Market in China

1 month ago

One-year-old startup Luckin' Coffee is making huge gains in China with an easy, straightforward strategy: sell cheaper coffee than Starbucks and be consistently faster on pick-up and delivery.

Chains

Starbucks’ Primary China Competitor Luckin Coffee Is Growing Fast

3 months ago

You have to almost feel sorry for Starbucks here: Can they really match a Chinese company for digital and delivery smarts? Few foreign brands can.

Chains

China’s Hotpot Giant Will Use Robots for Orders and Serving

4 months ago

Haidilao has mastered both logistics and customer service in ways that are the envy of any industry. If they can make automation work at scale, a number of of chains will seek to replicate its success.

Tech

China’s Restaurant Delivery Boom Is Not Sustainable

4 months ago

As in the U.S., Chinese delivery services depend on two things that aren't sustainable: outside money and a labor pool that's too tenuous to be stable.

Chains

China’s Dominant Hotpot Chain Is Planning for an IPO

6 months ago

Brands in other markets look to China and covet the massive growth opportunities for chain restaurants.

Chains

Yum China Rejected a Very Generous Buyout Deal

6 months ago

A 28% premium to last close is nothing to scoff at and reject out of hand. Management must have a lot of confidence or hubris that they will get back there.

Chains

China Sovereign Fund Pushes $13 Billion Yum China Takeover

6 months ago

Yum China has less than a fourth of the number of restaurants as its U.S. sibling, but it's market cap is more than half of it, which points to the optimism for its growth in a market that, unlike the U.S., is not completely oversaturated.

Chains

Starbucks Partners With Alibaba to Roll Out Delivery in China

7 months ago

Starbucks is betting that this partnership will help triple the coffee chain's revenues in the country in the next five years. The power of delivery is not to be underestimated here.

Chains

Starbucks Bets on Delivery to Save Its China Business

7 months ago

As recovery strategies go, hooking people on delivery coffee isn't a terrible idea.

Chains

Starbucks Gears Up to Challenge KFC as China’s Fastest Growing Foreign Food Chain

9 months ago

Starbucks has the potential to grow faster in China then anywhere else, and since its growth has slowed in the U.S. it makes complete sense to turn that direction.

Tech

Alibaba Has Bought Out Its Rivals for China’s Top Restaurant Takeout App

12 months ago

The scale that these delivery marketplaces command is enviable to similar apps and services in every other country. But what's really remarkable is the lesson to be learned from changed consumer behaviors.