News

Mainstream coffee culture is converging globally, and Luckin Coffee is making it more digital, efficient — and gimmicky. Few ...
The US coffee giant used to be the largest coffee chain in China but was pipped in 2023 by Chinese rival Luckin. Read more at ...
Luckin Coffee is set to take its most significant international leap yet with plans to open a branch in lower Manhattan.
The chain is selling Frappuccinos and iced teas in the summer for as low as $3.20.
On a rainy Tuesday afternoon, customers at a Starbucks outlet in Shanghai's Wujiaochang area were greeted with changes on the ...
Starbucks is set to lower the prices of some of its iced drinks in China by an average of 5 yuan ($0.70), the company ...
BTIG analyst Peter Saleh noted last year that Starbucks has invested more than $400mn a year — or between 20 and 25 per cent of the company’s capital spend — to expand in China in recent years. This ...
In an interview with the Financial Times, Starbucks CEO Brian Niccol said the company is exploring a partial sale of its ...
CEO Brian Niccol has Starbucks trying to pick up market share in China with sharp discounts on products it sells there.
Starbucks is dipping its toes in the increasingly growing appetite for protein, with a new topping for its coffee drinks.
While China is Starbucks’ second-largest market after the US, the coffee market is highly competitive and consumers have ...
Starbucks China has announced a price reduction across its non-coffee beverage offerings, aiming to expand its presence in ...