News

Starbucks stock was downgraded by Jefferies Thursday amid worries over its China business and a lack of improvement amid the ...
As megacities slow, multinationals from Starbucks to Skechers are chasing growth in China’s inland cities, where brand loyalty is strong and competition is thinner.
The coffee chain, which operates more than 7,700 stores in China, is doubling down on its "all-day beverage" strategy. With the goal of positioning coffee as a morning staple and non-coffee drinks as ...
Starbucks is considering a partial or full sale of its China business, with a recent news report suggesting that it could be valued at up to $10 billion. However, analysts caution that this may be an ...
The coffee giant is looking for a strategic partner in the high-growth market and is attracting plenty of interest from ...
Starbucks considers partial sale of China business amid falling market share and rising local competition, with valuation ...
Mixue has grown into the world’s biggest food and beverage chain by selling sub-$1 drinks and adapting quickly as domestic consumers spend less. That’s hard for the $107 bln US coffee icon to compete ...
At most locations, the company operates without any cashiers, instead taking orders entirely through its popular mobile app—a ...
Luckin Coffee debuts in NYC with $1.99 brews, using tech-driven convenience and low prices to challenge Starbucks, Dunkin', and Tim Hortons.
China's largest coffee chain, Luckin Coffee, opened its first two stores in the United States on Monday, marking its entry into the competitive American coffee market.