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China’s biggest coffee chain just opened stores in the U.S. for the first time. Its business model is the antithesis of ...
My intro to China’s coffee industry was a bit unconventional. After graduating from college in 2009, I spent four years working for a ... who is deaf and mute, won second prize in a latte-art contest ...
With more than 17,000 locations across the country, Starbucks has the upper hand in the U.S. In China, however, the Seattle-based coffee giant lost its hold to Luckin in 2023, the Wall Street ...
For years, Starbucks was the dominant coffee chain in China. Now rivals offering local flavors and cheaper prices are crushing the company’s bottom line in its second-largest market.
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