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Lion investors are well-respected and even idolized for their positive spirit and influence.
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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