But the strategy adopted by Luckin' worked: the coffee chain promises more affordable options and emphasizes on mobile ...

Starbucks has been on a journey to revitalize its business amid declining sales and shrinking foot traffic in recent years.

Coffee: most of us love it, and now the ultimate coffee war is on between veteran Starbucks and newcomer Luckin.

A fast-growing coffee chain from China is challenging Starbucks' global dominance with cheaper prices and a unique approach ...

Luckin overtook Starbucks as China’s largest coffee chain by store count and revenue two years ago. The company is now ...

Starbucks, they argued, should have smaller stores, employ fewer people and cut prices, according to people familiar with a ...

The stake sale exercise is underscoring Starbucks' identity crisis in China as it tries to salvage a flagging legacy business ...

Starbucks and Luckin are vying to win the coffee wars. I tested both out By Elaine Yu, CNBC • Published June 14, 2025 • Updated on June 14, 2025 at 2:10 am ...

According to market research institute Mintel Group China, both Starbucks and Luckin have reported strong growth in the ...

China’s Luckin opened its first stores in New York, showing off its mobile app and low prices, areas where Starbucks has struggled.

Here's my first dilemma of the day: the new Luckin Coffee near my office in Hong Kong wants me to download their app for a $2 drink. Without it, it's $3.75. Fine. I register, get a WhatsApp code ...