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China's coffee retail market hots up

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 Insights

27-Nov-18 As China embraces a coffee culture, Luckin, Starbucks' only real challenger, has to get customers to try out its delivery service, and "hope to retain them based on the convenience and value,” said Pete Read, CEO of Global Growth Markets. [image: ImagineChina]

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SoftBank to invest USD2 bn in Korean e-commerce site Coupang

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 Insights

20-Nov-18 SoftBank's Vision Fund will invest USD2 bn in Korea’s Coupang, giving Korea's largest online retailer funds to accelerate development of new shopping and delivery services. Coupang, founded in 2010, sells over 120 mn items from consumer electronics to food. [image: Kiyoshi Ota / Bloomberg]

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