A Starbucks coffee shop in Yunnan Province ... "Luckin Coffee is one of the great turnaround stories in Chinese business history," Shaun Rein, founder of China Market Research Group, told ...

The shift comes after prices for the arabica variety, used for premium blends, jumped 94% in the past 12 months, reaching a ...

The Chinese coffee chain is set to open another ... But he cautioned Luckin's success was not guaranteed as the coffee shop market in Hong Kong is saturated with similar offerings.

Four years ago, Luckin Coffee was kicked off the Nasdaq after the buzzy Chinese coffee chain admitted that it had inflated its sales by over $300 million. The resulting scandal helped to spark a ...

Luckin Coffee is already giving Starbucks a run for its money in China. Now, it’s hoping to take the fight for coffee drinkers to a new international market. The Chinese coffee giant opened two new ...