Jung Un Lee
CEO and founder of Momentum Works; provides expertise on China, technology markets, and business strategy and contributes in-depth analysis throughout the episode.
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Jul 26, 2023 • 28min
E19: [In-depth] Luckin Coffee’s expansion, and the impact on Starbucks
In this engaging discussion, Jung Un Lee, CEO and founder with extensive experience in consumer and F&B sectors, shares insights on Luckin Coffee's evolution and its rivalry with Starbucks. The focus is on how Luckin succeeded by catering to Chinese taste preferences, notably with popular drinks like the coconut latte. Jung Un contrasts Luckin's app-driven efficiency and minimal in-store experience with Starbucks' inviting ambiance. He also highlights Luckin's rapid expansion strategies and the innovative use of tech in retail, reshaping the competitive landscape.
Jun 7, 2023 • 39min
E05: [In-depth] Elon Musk’s trip to China, Tesla and Twitter
Jung Un Lee, CEO of Momentum Works, shares his insights on Elon Musk's recent trip to China. He details Musk's high-profile meetings with Chinese officials, including a fascinating 16-course dinner with a battery supplier. The discussion dives into Tesla's competitive positioning in the booming EV market, with a focus on impressive sales figures and manufacturing advantages. Musk's emotionally charged speech at the Shanghai Gigafactory is dissected, alongside thoughts on how his Chinese engagements could influence his strategies for Twitter and the potential for a U.S. super app.
