Food Delivery

Amid competition from Luckin, Starbucks hopes to digitalize its services in the country.

How megabank’s gamble turns out harbors clues for future of financial industry.

The food delivery boom has been a lifesaver for many restaurants in China as they flock to online channels amid social distancing.

Swiggy recently raised USD 43 million as part of its Series I funding round from Ark Impact, Korea Investment Partners, Tencent, and others.

Meituan’s move follows a written complaint by the Guangdong Restaurant Association and other 32 trade associations.

The startup operates its own kitchens for its in-house restaurant brands

The app also has a local service function.

Grab and Gojek have shifted gears to match the needs of consumers and partners, but all must make adjustments with shrinking incomes.