Mainstream coffee culture is converging globally, and Luckin Coffee is making it more digital, efficient — and gimmicky. Few ...

Luckin Coffee, which has put up a strong fight against Starbucks in Asia, is looking to the US. The Chinese coffee brand, known for its heavy discounts, reported a strong third quarter.

SHANGHAI — Here’s one way to compete with Starbucks in coffee: Pay your customers. Luckin Coffee, an unprofitable start-up offering big giveaways and aggressive subsidies, burst less than two ...

Starbucks has long been the go-to name for coffee lovers across the globe. With over 40,000 locations in 80 countries, the ...

China's two biggest coffee chains aren't the cutthroat competitors the market assumes. Though Luckin appears to be a unique threat to Starbucks, investors shouldn't overreact here. Here's why both ...

Starbucks promoted its new drink prices on its official social media channels in China, branding it as a "summer special ...

Mark Faithfull is London-based and covers retail and real estate Watch out Starbucks, China is double trouble with a tea brand and a low-cost coffee rival, after Chagee and Luckin Coffee stepped ...

A comparison of the store count of major coffee players back up my observations about Starbucks and Luckin’s market leadership (Figure 10): Figure 10 Major coffee chain store counts (both ...

The chain is selling Frappuccinos and iced teas in the summer for as low as $3.20.

Starbucks China currently owns more than 50% marketshare in the $4.5 billion coffee chain market, which grows on average 16% YoY, in China. Luckin Coffee, is a startup launched in 2018 looking to ...