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Ele.me looks forward to fresh capital to capture larger market share.
With sales dropping, the coffee chain giant might be facing a real threat from local startup Luckin Coffee.
The Alibaba-owned online food delivery platform is not worried about funds at this stage, said its recently instated CEO Wang Lei.
In China, there is a saying that ‘people treat food as god’. In this most populated country in the world, food is the number one issue at all time.
A new platform must excel in at least one of the three aspects to differentiate itself from existing players and gain a completive edge.
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