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From coffee to cars to real estate, there’s a recurring pattern in China — companies rush into an industry, then resort to discounts to stay afloat.
Luckin Coffee, the largest coffee chain in China, has branched into the US with two New York City locations that opened Monday, June 30.
Luckin Coffee (LKNCY) enters the U.S. market with New York City stores, rivaling Starbucks (SBUX)with $1.99 coffee deals. Read more here.
New Yorkers have a new coffee contender to try, and it’s not from Seattle. Luckin Coffee, the Chinese juggernaut that dethroned Starbucks in its home market, has opened its first two U.S. stores ...
Luckin Coffee, China's fastest-growing coffee chain, launches first U.S. stores in New York City as it continues global expansion following 41% revenue growth in its latest quarter.
Luckin Coffee Inc marked its official entry into the United States with the soft launch of two pickup-only stores in New York City on Monday, signaling the Chinese coffee chain's global ambitions ...
Monday marked an interesting moment in the global coffee scene: Luckin Coffee officially opened its doors in Manhattan, New York. As New Yorkers sip their fruity Luckin lattes, few might realize ...
The Chinese coffee giant's entry into the US marks a new milestone for the company over its rival Starbucks, which has been seeing falling market shares in China.