News

China’s homegrown coffee giants are brewing up a U.S. expansion
Chinese beverage chains are redefining coffee culture in the country — and now they’re trying to win over customers in the ...
Starbucks names global barista champion after latte art, blind tasting challenges
The Starbucks Global Barista Champion will co-create a beverage to be sold at stores across the U.S. in the "near future." ...
The Silicon Review1d
China’s Coffee Surge Eyes U.S. Market as Domestic Giants Target Global Retail Automation
China’s booming coffee chains, led by Luckin and Cotti, harness automation and digital ordering as they eye U.S. expansion, ...
Starbucks garners ‘a lot of interest’ in China business stake, chief says
US coffee chain exploring partnership with outside investor to restore growth amid intense pricing competition ...
Starbucks has received 'a lot of interest' for China business stake, CEO tells FT
Starbucks has received "a lot of interest" in the sale of a stake in its China business, its chief executive told the ...
The Economist23h
China’s booze business looks smashed
Chart: The Economist China’s appetite for booze is legendary. In the early 2010s party officials and businessmen cemented ...
Starbucks Is Cutting Prices in China in Bid to Revive Sales
Starbucks Corp. on Monday announced price cuts for a slew of its tea-based beverages at its stores across China, as the ...
Starbucks to lower prices in China as competition heats up
Starbucks China will lower the prices of some of its iced drinks by an average of 5 yuan ($0.70) across the country, the ...
SHINE1d
Starbucks seeks to change its China image from a morning coffee venue to an all-day beverage vendor
On a rainy Tuesday afternoon, customers at a Starbucks outlet in Shanghai's Wujiaochang area were greeted with changes on the ...
Starbucks Tinkers With Pricing To Hold Ground In China: Report
Starbucks Corp. (NASDAQ:SBUX) will reportedly cut prices on select iced beverages in China by an average of 5 yuan ...
TheStreet on MSN2d
China’s biggest coffee chain is coming to the U.S.
Luckin Coffee has more stores than Starbucks in China. NATO ally scraps purchase of US Black Hawk helicopters My ...