Luckin

Consumer

Blue Bottle Fever? China’s Luckin Coffee Weighs Offer for California Chain

Photo by Changyoung Koh via Unsplash

In the fall quarter, Luckin Coffee raked in $2.1 billion in revenue, up 50% from the same period a year before.

2 min read

Photo via ZUMAPRESS/Newscom

Consumer

Starbucks Whips Up Big Bids for Its Chinese Biz

Starbucks is said to be entertaining bids from about 10 would-be buyers that value its Chinese operations at up to $5 billion.

1 min read
Photo via Cfoto/ZUMAPRESS/Newscom

Consumer

Starbucks’ China Business May Need a Caffeine Jolt

In an interview with the Financial Times, Starbucks CEO Brian Niccol said the company is exploring a partial sale of its China business.

2 min read
Photo by Hamza Inayat via Unsplash

Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.

2 min read

Consumer

Luckin Coffee is Coming to Starbucks’ Home Turf

Photo by Amin via CC BY-SA 4.0

China’s biggest coffee chain, Luckin Coffee, is eyeing an American expansion that could undercut the market for $10 chai lattes.

1 min read

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