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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.

Bloomberg on MSN · 2d

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.

Fast Company · 15h

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.

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” ...

1don MSN

Starbucks stock price analysis as major risks remain

Starbucks stock price remains under pressure this year as concerns about its growth trajectory and competition continue.

13hon 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.

1don MSN

Starbucks' huge new rival opens first US stores

Subscribe to TheStreet's free daily newsletter 💵💰 However, its business has faced some declines over the last few quarters, ...

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