But the strategy adopted by Luckin' worked: the coffee chain promises more affordable options and emphasizes on mobile ...

A fast-growing coffee chain from China is challenging Starbucks' global dominance with cheaper prices and a unique approach ...

Coffee: most of us love it, and now the ultimate coffee war is on between veteran Starbucks and newcomer Luckin.

According to market research institute Mintel Group China, both Starbucks and Luckin have reported strong growth in the ...

Starbucks, they argued, should have smaller stores, employ fewer people and cut prices, according to people familiar with a ...

Luckin overtook Starbucks as China’s largest coffee chain by store count and revenue two years ago. The company is now ...

The size of China’s coffee market is expected to exceed CNY 1 trillion in 2025. Luckin Coffee ushered “a new beginning” with boosted financial performance and improved management.

Luckin prices its coffee similarly to Starbucks coffee but then offers steep discounts. Most of its espresso-based coffees cost between $3.50 and $4, but customers rarely pay the full price ...

2. Luckin's business is firing on all cylinders Lack of trust might be the main thing holding Luckin's stock back, because its business is booming. According to management's fourth-quarter ...