Alibaba Enters Into Strategic New Retail Partnership With Starbucks in China
08.07.18
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Simpson Thacher represented Alibaba (NYSE: BABA) in connection with its strategic new retail partnership with Starbucks (NASDAQ: SBUX) in China. Powered by capabilities across key businesses within the Alibaba ecosystem, this partnership will enable best-in-class coffee delivery services beginning September 2018, establish “Starbucks Delivery Kitchens” for delivery order fulfillment through Hema supermarkets, and integrate multiple platforms to co-create an unprecedented virtual Starbucks store, bringing an unparalleled and personalized online Starbucks Experience to Chinese customers.
The Simpson Thacher team includes Yang Wang, Lupeng (Amy) Liu, Jun Feng and Jie Min (M&A); and Marcela Robledo (Intellectual Property).