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Posts Tagged ‘Starbucks’

Starbucks challenger Luckin’s fundraising spree continues with $150M investment

Coffee startup Luckin is continuing its fundraising spree as it sets its sight on becoming an alternative to Starbucks in China. The a-year-and-a-half old company announced on Thursday that it closed a Series B-plus raise totaling $150 million. The fresh proceeds valued Luckin at $2.9 billion post-money, up from $2.2 billion just four months ago. ...

Starbucks will anchor the new $400 million food-focused Valor Siren Ventures fund

Starbucks is serving up a steaming hot $100 million cash commitment to anchor a new food-focused fund in partnership with the consumer and tech-focused focused private equity firm Valor Equity Partners. The behemoth of burnt-coffee said that its commitment to the Valor Siren Ventures fund is an attempt to focus on “new ideas and technologies ...

First China, now Starbucks gets an ambitious VC-funded rival in Indonesia

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 **** time or ...

Starbucks barista shares video of a very good dog hilariously devouring a Puppuccino

01.29.2019 · Posted in Technology Articles

Yes, dogs enjoy Starbucks whipped cream. No, that doesn't make them basic.  Max, a dog, is Jodie Brooke's favorite customer. The Starbucks barista posted a video on Monday of her feeding her canine friend a Puppuccino through the drive-thru wind... ...

WeWork could challenge Starbucks in China with new on-demand service

The rise of Starbucks in China, like that in the west, is closely linked to its function as a “third space” for people to hang out between home and work. In recent years, a bevy of coffee entrepreneurs are trying to topple the American giant’s dominance in China and lately, an unexpected contender — WeWork ...

Former Starbucks CEO says he might run for president and gets immediately… roasted

01.28.2019 · Posted in Technology Articles

This is what a Venti serving of "NOPE!" looks like.  Former Starbucks CEO Howard Schultz tweeted on Sunday that he's considering a run for the White House as a "centrist independent," whatever that is.  I love our country, and I am serious... ...

Veteran Googler heads to Lyft to lead 1,000-plus person engineering team

Eisar Lipkovitz, a veteran Google executive who most recently led the video and display advertising team there, is leaving the company to head up engineering efforts at Lyft . As executive vice president of engineering, Lipkovitz will be leading Lyft’s engineering team, which now eclipses 1,000 people. Eisar’s hiring comes on the heels of massive ...

Money is no object: China’s Luckin sets sights on rivaling Starbucks

A one-year-old Chinese startup called Luckin is busy waging war against Starbucks as the new year unfolds. At an event on Thursday, Luckin announced that it aims to be the largest coffee chain in China by number of cups sold and outlets by 2019. Caffeinated drinks are taking off in the tea-drinking nation. Average coffee ...

NYSE operator’s crypto project Bakkt brings in $182M

Venture capitalists remain bullish on Bitcoin and its underlying technology despite sinking crypto prices. ...