In this class, we discuss Didi, Luckin and Mobike and how to predict if they will be profitable. Exercise for this class: For Mobike, Luckin or Didi, think about the following two aspects. Consumer view: What do they care about? What is their journey for buying and using? Competitor: Could a well-funded, well-run competitor […]
This is one of the daily updates for my Asia Tech class. It builds off podcast / lecture 2 about what Starbucks China should have done about Luckin Coffee (located here). Two main points for today: Luckin Coffee traded defensibility for scalability Are WeWork and Luckin blitzscaling? Or are they just in money wars? 1. […]