Luckin Coffee expects to become biggest coffee chain in China in 2019, surpassing StarbucksLuckin Coffee expects to become biggest coffee chain in China in 2019, surpassing StarbucksChina's up-and-coming coffee brand Luckin Coffee has set forth an ambitious plan, aiming to surpass US rival Starbucks in 2019, irrespective of previous news reports about its massive loss which was confirmed by the Chinese coffee chain.

Alibaba opens its first automated hotel as it pushes development of smart technologiesAlibaba opens its first automated hotel as it pushes development of smart technologiesChina's e-commerce giant Alibaba Group has opened its first futuristic hotel where customers are served by robots and smart machines, a l…

Baidu pushes development of autonomous taxi business, signs agreement with ChangshaBaidu pushes development of autonomous taxi business, signs agreement with ChangshaJust four months after Baidu commenced the volume production and trial operation of a driverless minibus called Apolong, the Chinese tech…

China's JD.com mulling US flagship online store in bid to expand global footprintChina's JD.com mulling US flagship online store in bid to expand global footprintChina's leading retailer JD.com has found a direct way to connect its products with US consumers with plans to open a flagship online sto…

Ford turns China unit into an independent business in push for turnaroundFord turns China unit into an independent business in push for turnaroundUS automaker Ford Motor will lift the status of its China unit as an independent business from the broader Asia Pacific operations and ha…

Didi Chuxing's dominant market position challenged by new competitorsDidi Chuxing's dominant market position challenged by new competitorsThe foray of new industrial challengers and traditional automakers into China's ride-hailing market is eroding the dominance of Didi Chux…

Chinese Mobile phone startup rumored to shut down despite massive cash injectionChinese Mobile phone startup rumored to shut down despite massive cash injectionSmartisan, China’s high-profile mobile phone startup founded by Luo Yonghao, known as an Internet celebrity and marketing genius, is rum…



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