Koubei

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

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 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. […]

Retail Asia29/06/2015

Ecommerce titan Alibaba is forming a RMB 6 billion (US$970 million) three way partnership firm to concentrate on web-connected on-demand providers, resembling meals supply. The JV, referred to as Koubei, is a partnership with its affiliate firm Ant Monetary, which operates the Alipay epayments system integral to Alibaba’s eCommerce websites. Every agency will put in […]

Tag: Koubei

Starbucks and Alibaba form New Retail Partnership in China

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

Ele.me may go to Alibaba

Alibaba in $1b eCommerce JV Koubei