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Starbucks

Starbucks is a global coffee company founded in 1971 in Seattle, Washington, as a roaster and retailer of whole bean and ground coffee, tea and spices. Today it is the largest coffeehouse company in the world. Starbucks Corporation's common stock is listed on NASDAQ, under the trading symbol SBUX. 

The market for on-demand delivery is crucial for Chinese internet giants as it opens up an entry point to other services such as online payments
               Starbucks and Luckin are vying for a bigger share of a fast-growing coffee market in the world’s most populous nation

Alibaba to expand Starbucks coffee deliveries in China

Alibaba Group Holding’s on-demand delivery services unit Ele.me plans to expand a Starbucks coffee delivery service across more Chinese cities as it ramps up competition with a raft of new entrants including beverages upstart Luckin Coffee, which is backed by Tencent Holding.

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