Koubei

Starbucks Corporation’s (NASDAQ: SBUX) customers in China will be able to order drinks on multiple platforms run by Alibaba Group Holding Ltd (NYSE: BABA), the latter announced Tuesday.   What Happened Alibaba said the service will be available by activating “...

Alibaba Group Holding Ltd (NYSE: BABA) is looking to raise approximately $1 billion for its Koubei expansion, a local service platform. This puts the valuation of the venture close to $8 billion and indicates that the Chinese firm's investment is making its worth. Koubei is a company engaged in...