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Competition between Alibaba and Amazon is fierce. In late 2016, Amazon expanded its Prime membership program to China, directly going after Alibaba’s core customer base.
Coffee chain giant Starbucks Corp reported a 38 percent decline in global quarterly revenue, while in China, the figure was a 19 percent drop. The company's chief executive Kevin Johnson said he was optimistic Starbucks would substantially recover its sales in China by the end of 2020.
Concerns raised by outbreak keep diners away, but experts say impact may not last long
Companies team up to tap growing demand for premium beverages
Communities, organizations and individuals working on issues ranging from digital inclusion, digital rights to security, governance also joined the online conversation during the webcast at the UN Headquarters.
