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News

China's answer to Starbucks launches 1st stores in US

Newsweek on MSN · 1d
China's answer to Starbucks launches first stores in US
Luckin Coffee was founded in 2017 and is based in Xiamen, China. Since its inception, the company has expanded to over 20,000 locations across Singapore, Malaysia and China, where it unseated Starbucks in 2023 to become the largest coffee chain brand in the country.
Fast Company · 9h
China’s Luckin Coffee is the anti-Starbucks. Will it work in the U.S.?
Luckin Coffee is huge in China. Now it's entering the U.S. with a model that Starbucks is sunsetting: perfunctory, mobile-first efficiency.
Bloomberg on MSN · 1d
China’s Answer to Starbucks Opens First US Locations in NYC
Luckin Coffee Inc., the Chinese chain that overtook Starbucks back in its home market, is turning up the heat with the opening of its first US locations in New York on Monday. The move to open two New York locations brings stateside a growing competition between the Chinese chain and Starbucks Corp.
7d
Could Starbucks be considering a partial sale of its China business?
Starbucks CEO Brian Niccol has previously said that the company “remains committed to China for the long-term” ...
7hon MSN
Chinese Starbucks competitor opens first stores in the US
Luckin Coffee, the largest coffee chain in China, is officially open in the U.S., giving Starbucks a run for its money.

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