Starbucks launches voice ordering in China with Alibaba smart speaker

Starbucks Corp.
SBUX,
-0.27%
said Wednesday that it has partnered with Alibaba Group Holding Ltd.
BABA,
-3.18%
to launch voice ordering in China with Alibaba’s smart speaker, Tmall Genie. The Starbucks virtual store sells a Starbucks-themed version of the speaker. Deliveries arrive within 30 minutes. Starbucks and Alibaba have been partners for one year and have collaborated on a number of programs to grow the coffee business in China. The voice ordering program uses Alibaba’s Ele.me on-demand food delivery platform, which was introduced earlier this year. Starbucks stock has rallied almost 65% over the past year. Alibaba shares are up 14.3%. And the S&P 500 index
SPX,
-0.57%
is up 3.5% for the period.

View more information: https://www.marketwatch.com/story/starbucks-launches-voice-ordering-in-china-with-alibaba-smart-speaker-2019-09-18

Articles in category: moneyist
See also  Why Trump was right to make Chris Christie eat the White House meatloaf

Leave a Reply

Back to top button