02 Aug '18, 5pm

Starbucks Teams Up With Alibaba For Coffee Delivery In China

Starbucks Teams Up With Alibaba For Coffee Delivery In China

According to the article, Starbucks will announce this week that they will be teaming up with Ele.me to deliver coffee and baked goods starting this fall. This move comes after a government crackdown on third-party delivery services that is at least partly to blame for Starbucks’ sales dropping by 2% over the past three months as well as a response specifically to Luckin Coffee, a Chinese upstart who has raised over $1 billion and opened over 600 locations this year alone, “mostly bare-bones shops where the coffee is brewed and carried to customers by scooter-riding delivery workers.”

Full article: https://sprudge.com/starbucks-teams-up-with-alibaba-for-c...

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