Friday, February 1, 2019
First China, now Starbucks gets an ambitious VC-funded rival in Indonesia – TechCrunch
Asia’s venture capital-backed startups are gunning for Starbucks. In China, the U.S. coffee giant is being pushed by Luckin Coffee, a $2.2 billion challenger surfing China’s on-demand wave, and on the real estate side, where WeWork China has just unveiled an on-demand product that could tempt people who go to Starbucks to kill time or work. That trend is picking up in Indonesia, the world’s 
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