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After crossing 10,000 stores, Nowwa Coffee faces the hard part

Nowwa’s shop-in-shop model has lowered costs, but also made quality control and brand building harder.

4 mins read
  • Investors now have a clearer commercialization story, while Taobao Shangou shifts from subsidies to unit economics.

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    Has Alibaba’s AI bets started to meet the revenue test?

    12 mins read

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