Starbucks slumped in sales this last quarter. But the Chinese coffee brand, characterized by heavy discounts, reported a ...
China’s largest coffee chain, Luckin Coffee LKNCY, is preparing to enter the U.S. market, aiming to challenge rivals, including Starbucks Corp. SBUX, with its low-cost beverages. This move ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s largest coffee chain, Luckin Coffee, is planning to enter the US market and undercut rivals ...
like matcha and coconut, and others you wouldn't, like "Big Cheese," watermelon, and "Yuanyang" — a coffee-and-tea combination that originates in Hong Kong. To me, Luckin seemed like less of a ...
One of China's most powerful regulators has raided the offices of Luckin Coffee after opening an investigation into the scandal-hit firm. The firm's shares slumped this month after it revealed ...