AllTechAsia sent our teammates to pick up lattes at Starbucks in New York and at Luckin coffee in Shanghai.
Owning Fitbit will give Google full control of its products, including both software and hardware.
This is an important indicator for Luckin’s current and future sales trends.
A key goal for Alibaba Cloud is to offer a leading technology infrastructure.
The business will focus on Not From Concentrate (NFC) orange, lemon and apple juices.
Luckin Tea owns its own logo and will open new chain shops as early as October.
Hello Brain is a comprehensive smart system developed by Hellobike’s R&D team.
Through this cooperation, luckin coffee will bring its leading technology and retail model from China to the world.
Analysts say Alibaba is considering investing in Hellobike to further support its own parcel and food delivery businesses.
Both analysts gave luckin stock “overweight” rating.