Local Brand Luckin Coffee Overtakes Starbucks in Chinese Market

Local Brand Luckin Coffee Overtakes Starbucks in Chinese Market

International Entered2024.02.25 11:36 Modified2024.02.25 12:17 Starbucks lost to ‘local’ Luckin in the Chinese market Consumers holding Luckin Coffee (Photo = Luckin Coffee website) Luckin Coffee, a local Chinese coffee brand, surpassed Starbucks for the first time last year and became China’s No. 1 coffee company in terms of annual sales. A new brand launched less […]
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