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      Press release

      Tea Be Damned! Inside The Massive Starbucks Bet On China’s Shift To Coffee

      Posted on 27 December 20238 March 2024 by dragontactics
      27
      Dec

      A gigantic and multi-faceted new location near Shanghai epitomizes the American giant’s ambition to quench China’s growing but still-nascent thirst for coffee.

      Translation of the report of Les Echos on Nov 7, 2023

      https://www.lesechos.fr/weekend/business-story/comment-starbucks-profite-de-la-fievre-du-cafe-en-chine-2027222

      https://www.lesechos.fr/weekend/business-story/comment-starbucks-profite-de-la-fievre-du-cafe-en-chine-2027222

      Competing head-on with PDD and ByteDance in e-commerce, Alibaba is suffering a series of setbacks, and founder Jack Ma has just called on his ex-group to get its act together
      Lessons from Chinese management #10

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