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Coupled with the coffee chain’s “questionable strategic priorities,” such as a lack of a focus on cold beverages and ...
Luckin’s turnaround from its 2020 fraud crisis reflects strong governance reforms and disciplined execution. Read why I am ...
As megacities slow, multinationals from Starbucks to Skechers are chasing growth in China’s inland cities, where brand loyalty is strong and competition is thinner.
The coffee chain, which operates more than 7,700 stores in China, is doubling down on its "all-day beverage" strategy. With the goal of positioning coffee as a morning staple and non-coffee drinks as ...
The coffee giant is looking for a strategic partner in the high-growth market and is attracting plenty of interest from ...
Starbucks considers partial sale of China business amid falling market share and rising local competition, with valuation ...
Mixue has grown into the world’s biggest food and beverage chain by selling sub-$1 drinks and adapting quickly as domestic consumers spend less. That’s hard for the $107 bln US coffee icon to compete ...
Luckin Coffee, China's fastest-growing coffee chain, launches first U.S. stores in New York City as it continues global ...
At most locations, the company operates without any cashiers, instead taking orders entirely through its popular mobile app—a ...
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