News

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 ...
China coffee giant Luckin opens its first U.S. stores in New York City
The Starbucks rival opened its first two stores in New York City on Monday, as the Xiamen-based coffee purveyor sets out to ...
Starbucks facing new competition from China-based coffee chain
Kate Martin, the former college teammate of Caitlin Clark turned WNBA guard, is having a solid 2025 season. The 6-foot, ...
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.
Starbucks challenged by expanding Chinese coffee chain
Starbucks may soon face stiff competition on its home turf as Chinese coffee chain Luckin Coffee expands into the United ...
CNA1d
'A taste of China': Luckin Coffee’s US debut draws cheers from Chinese media and consumers
The Chinese coffee giant's entry into the US marks a new milestone for the company over its rival Starbucks, which has been ...
Nikkei Asia3d
Starbucks courts buyers as it weighs sale of China business
Starbucks is considering selling its China operations, signaling a strategic shift as the American coffee giant grapples with ...