Beverage categories are blurring in China with bubble tea chains Heytea and Naixue’s Tea competing head-on with coffee giants like Starbucks and Luckin Coffee.
From: finance.yahoo.com China coffee giant Luckin Coffee is set to start trading on the Nasdaq this morning, priced at $17 per share....
From: forbes.com Free cups of coffee, fast store openings, and technology will help Luckin Coffee burn a great deal of investor money,...
From: time.com Luckin Coffee has Starbucks worried. The Xiamen-based upstart has opened 2,370 coffee shops across 28 Chinese cities since June 2017....
From finance.yahoo.com China’s upstart coffee brand, Luckin, has an audacious plan: convince China to switch from tea to coffee, overtaking Starbucks while...
From: fool.com Since Starbucks (NASDAQ:SBUX) opened its first store in China in 1999, it has dominated the Chinese market. The java giant has introduced coffee...
From: barrons.com The contrast is stark: On the one hand there’s Starbucks , the global coffee giant, trying to bolster a coffee culture in China,...
From: forbes.com Starbucks (NASDAQ: SBUX) recently reported its Quarter 1 results (ended December 2018) for the Financial Year 2019. The company beat the consensus...
From finance.yahoo.com Luckin Coffee, the ambitious Chinese startup rolling out thousands of stores to take on Starbucks Corp., is beginning preparations for a...
From insideretail.asia Seattle, Washington-based Starbucks Corporation has been the indisputable market leader in the Chinese coffee industry ever since its Beijing World Trade...
From ejinsight.com Chinese startup Luckin Coffee is reportedly seeking an IPO in Hong Kong this year, even as global coffee chain giant Starbucks...
From caixinglobal.com Luckin Coffee says it aims to overtake Starbucks and become China’s biggest coffee chain, with over 4,500 shops by the end of 2019....
From cnn.com After barely a year in business, Luckin Coffee is challenging Starbucks in one of the US coffee giant’s top markets. More...
From: finance.yahoo.com BEIJING/SHANGHAI, Dec 12 (Reuters) – Luckin Coffee, an up-and-coming coffee chain with ambitions to challenge Starbucks Corp in China, said on...
From bloomberg.com Investors may worry that the trade war will wreak havoc on Starbucks Corp.’s prospects in China, its second-largest market. The real concern...