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This coffee company thinks it can beat Starbucks in China
date:Jan 02, 2019
o Luckin.

There is a growing sense of rivalry between Luckin and Starbucks. In May, Luckin sued the Seattle-based company, claiming it had unfairly monopolized the market.

In response, Starbucks told Chinese state media: We welcome orderly competition, mutual promotion, continuous innovation, continuous improvement of quality and service, and creating real value for Chinese consumers.

Luckin plans to open hundreds more outlets over the next couple of years.

Starbucks is now fighting back. In

12/23 05:55