Ele.me

Retail Asia17/06/2019

McDonald’s customers in China can now earn loyalty points when they order a Big Mac or Filet-o-Fish through Ele.me, Alibaba Group’s on-demand delivery platform. Ele.me users can activate a McDonald’s membership card with just one click on the app to earn loyalty points for purchases and receive vouchers worth up to RMB 88.5 (US$12.80). The […]

Retail Asia21/01/2019

Luckin vs Starbucks: baristas and technology are engaged in a gigantic battle for Chinese coffee drinkers’ loyalty. Seattle, Washington-based Starbucks Corporation has been the indisputable market leader in the Chinese coffee industry ever since its Beijing World Trade Center branch opened its doors in January 1999. Yet Starbucks’ two decades of coffee dominance in China […]

Retail Asia29/08/2018

Corporate restaurateur Tao Heung is reporting improved sales in both its core Hong Kong market and on the mainland as people dine out more often and the average tab increases. Tao Heung operates 60 restaurants under its own brand, two RingerHut eateries focused on non-Chinese cuisine, and 18 Tai Cheong Bakery stores. In the half-year […]

Retail Asia13/08/2018

The Mao Shan Cafe, a franchised food retail network with a menu centred on durian – plans to open 200 outlets across Mainland China by 2022. Mao Shan Cafes serve durian cakes, savouries, pastries, waffles, durian coffee and ice cream and other unique foods based on Malaysia’s Musang King strain of durians, targeting Chinese nationals […]

Retail Asia03/08/2018

Starbucks China and Alibaba have announced an alliance that stretches way beyond the latter’s online delivery platform Ele.me. The two companies describe their pact as “a deep, strategic New Retail partnership” that will enable a seamless Starbucks experience and transform the coffee industry in China. The partnership spans Ele.me, the food delivery platform acquired by […]

Retail Asia27/07/2018

Chinese e-commerce giant Alibaba is preparing to spend big on the country’s food-delivery market, setting aside hundreds of millions of dollars this summer to regain the lead from Tencent-backed rival Meituan Dianping. SEE ALSO : Alibaba Group-owned Ele.me to further expand into the food delivery business The Hangzhou-based company will splash a whopping 3 billion yuan ($450 million) […]

Retail Asia27/07/2018

Ele.me aims to grab a majority share of China’s food-delivery market in the near future, CEO Wang Lai, (pictured), said this week. Moving into Alibaba’s ecosystem has already created new and immediate opportunities for Ele.me and the 3 million-strong delivery force registered through its platform, Wang said. While core food delivery is likely to provide […]

Retail Asia16/07/2018

Ele.me’s announcement comes three months after Alibaba acquired full control of the food delivery app, for an undisclosed price, valuing the business at US$9.5 billion. “The determination of Alibaba gives Ele.me confidence,” Alibaba vice-president Wang Lei, who is also Ele.me’s CEO, said in the statement. “Ele.me is not only going to win this summer’s battle [in food […]

Retail Asia26/05/2017

Alibaba and its finance affiliate, Ant Financial, are in talks to lead a round of at least US$1 billion into Ele.me, one of China’s leading food delivery startups, according to anonymous sources that spoke to us. The fresh boost in capital will value Ele.me at US$5.5 billion to US$6 billion, and will help the startup […]

Retail Asia29/11/2016

Fast-food giant Yum China Holdings is looking at buying food-delivery services firm Daojia.com. Discussions are at an early stage, but a deal could be worth up to US$200 million, as reported. Established in 2010, Daojia.com focusses on online food orders and delivery services targeting the middle class urbanites in 10 Chinese cities. With a 3000-strong […]

Retail Asia29/01/2016

As more people start using their smartphones or the internet to order food, China’s eCommerce leaders are in a battle for supremacy. Now a food-delivery startup backed by Tencent Holdings, Ele.me, is planning a fast funding round of at least $1.25 billion, in a deal led by competitor Alibaba Group Holding, reports Deal Street Asia. […]

Tag: Ele.me

McDonald’s China Teams up loyalty program with Ele.me app

Luckin, Starbucks rivalry heats up

Tao Heung sales improved as visitors increases

Mao Shan Café China to open 200 more stores

Starbucks and Alibaba form New Retail Partnership in China

War in the food delivery market on its way

Ele.me big ambition ready to dominate China’s food-delivery market

Alibaba’s Ele.me to further expand into the food delivery business

Alibaba to lead $1b round into Chinese food delivery startup

Yum China seeking delivery deal

Ele.me may go to Alibaba