News

This year, Starbucks expanded its exhibition footprint with creative green initiatives in partnership with Envision Group, a ...
Starbucks stock was downgraded by Jefferies Thursday amid worries over its China business and a lack of improvement amid the ...
While multinational companies are pulling back in many parts of China, brands from Starbucks (SBUX) to Skechers (SKX) are quietly expanding in the country's so-called lower-tier cities, betting that ...
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 ...
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 ...
Luckin Coffee is huge in China. Now it's entering the U.S. with a model that Starbucks is sunsetting: perfunctory, mobile-first efficiency.
Luckin Coffee was founded in 2017 and is based in Xiamen, China. Since its inception, the company has expanded to over 20,000 locations across Singapore, Malaysia and China, where it unseated ...