To be more resilient to COVID-19 and its aftermath, luxury businesses have to increase their business agility. Here is how. ( read original story …)
Tagged By blockchain
How Strong Is China’s Leverage Over Tesla?
MaxedOutMama and I explained last week why we see Tesla’s center of gravity shifting to Shanghai. The article provoked an outpouring of comments. Happily, some … ( read original story …)
Nayuki Accelerates Digital New Retail Transformation with New Flagship Online Store Hitting Top 3 Catering Brand on Tmall
The COVID-19 crisis has further reshaped the worldwide shopping habits with millions of global customers in quarantine going online for their daily purchases. To adapt to the current social distancing … ( read original story…
Meat shortage and China deals send Beyond Meat’s stock spiking
Warnings of potential meat shortages in the United States due to food processing closures have led to a boom for Beyond Meat stock. New deals to sell plant-based food in China are helping too. (…
Starbucks To Partner Sequoia Capital For Tech Investments In China
Starbucks Corp. has formed a strategic partnership with venture capital firm Sequoia Capital China to co-invest in technology companies in China. The Seattle-based coffee giant said that in addition … ( read original story …)
China, Home To Big Bourses, Gets A New Stock-Trading Software Billionaire
Huang is at least the second billionaire to be minted in the past week and a half. Sichuan Anning Iron and Titanium’s chairman Luo Yangyong joined that group on April 17 when the mineral product…
Starbucks Partners With Sequoia To Make ‘Strategic Co-Investments’ In China
Starbucks Corporation (NASDAQ: SBUX) on Sunday announced it had partnered with Sequoia Capital’s China arm to make strategic co-investments in the country.What Happened The partnership will give … ( read original story …)
Insights: How Goldman Sachs’ Sees Business in China
The company recently applied for 51% stake in their Chinese business and hopes to own 100%. ( read original story …)
Luckin Coffee Under Investigation by China’s Top Commerce Regulator
China’s top business and commerce regulator is investigating Luckin Coffee Inc., after the Nasdaq-listed coffee chain revealed that much of its 2019 … ( read original story …)
KFC to Test Plant-Based Chicken at Select Stores in China
China, operated by Yum China Holdings, Inc. (the “Company” or “Yum China”) (NYSE: YUMC) has become one of the first national Western QSR (quick service restaurant) brands to introduce a plant-based … ( read original…
China Liquor Giant Moutai Sees Profit Gain Despite Virus Lockdowns
Kweichow Moutai Co. reported a gain in profit for the first quarter as demand for its popular baijiu liquor held up in the face of lockdowns that kept people from social gatherings during the ……
The Netherlands’ AMLD5 Interpretation Appears to Be Killing Crypto Firms
The announced closure of one-man bitcoin startup Bittr may be the first of many in the Netherlands as contentious new AMLD5 regulations come into effect. ( read original story …)
Scrutiny mounts on China’s Luckin Coffee as market regulator inspects
China’s top market regulator has launched an inspection into Luckin Coffee , joining the country’s securities watchdog in doing so as the coffee chain comes under scrutiny for fabricating … ( read original story …)
