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Luckin could quickly overtake Starbucks in China, says Stifel

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 15th, 2019

Starbucks" China rival Luckin Coffee taps three banks for U.S. IPO: sources

Chinese startup Luckin Coffee, which has ambitions to overtake Starbucks at home this year, has tapped three banks including Credit Suisse to work on a U.S. IPO in 2019, said people with direct knowledge of the matter......»»

Category: topSource: reutersFeb 28th, 2019

Coffee startup Luckin plans to overtake Starbucks in China this year

Chinese coffee startup Luckin is aiming to open 2,500 new stores this year and overtake Starbucks Corp as the largest coffee chain by number of outlets in the world's second-biggest economy, it said on Thursday......»»

Category: topSource: reutersJan 3rd, 2019

Starbucks Is Losing Its Coffee Lead in China

Start-up Luckin Coffee has emerged virtually overnight with a model built to challenge Starbucks' supremacy......»»

Category: topSource: foxnewsMar 16th, 2019

Starbucks struggles to keep up with Luckin on delivery in China, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 13th, 2019

Starbucks" China rival Luckin Coffee prepping U.S. IPO, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 28th, 2019

Starbucks "unlikely" to be overtaken in China by Luckin in 2019: CEO

Starbucks Corp is unlikely to cede its leading position in China, the company's fastest-growing major market, to Chinese startup Luckin in 2019, Starbucks CEO Kevin Johnson said in an interview on Thursday......»»

Category: topSource: reutersFeb 8th, 2019

Starbucks Faces a Dangerous Rival in China

The digital-native Luckin Coffee is becoming a thorn in Starbucks’ side......»»

Category: topSource: foxnewsJan 4th, 2019

Starbucks Slides as Smaller Competitor Plans Major Expansion in China

Starbucks Corp. fell about 4% by 1:30 p.m. Thursday after a triple-threat of reports on China's slowdown, a broad market selloff on bad news from Apple Inc. , and the brewing story about Luckin Coffee......»»

Category: topSource: moneycentralJan 3rd, 2019

Exclusive: Chinese upstart Luckin Coffee seeks funds to double valuation to $2 billion - sources

Luckin Coffee, an up-and-coming coffee chain with ambitions to challenge Starbucks Corp in China, is targeting a valuation of $1.5 billion to $2 billion as it launches a new round of funding, people familiar with the matter told Reuters......»»

Category: topSource: reutersNov 6th, 2018

Coffee Clash: Why Starbucks is Adding Delivery to its China Stores

And how Luckin, a billion-dollar coffee start-up, paved the way. .....»»

Category: europeSource: fortuneAug 14th, 2018

China"s caffeine war: Fast-growing Luckin brews up a threat to Starbucks

Qian Zhiya may be Starbucks’ worst nightmare......»»

Category: topSource: reutersJul 24th, 2018

Will Increased Competition in China Affect Starbucks Stock?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Chinese co.....»»

Category: topSource: investorplaceMar 16th, 2019

US-China Trade Talks Progressing Quickly

FLASH: Talks of Summit flourish in Washington and Beijing President Trump and Treasury Secretary Steven Mnuchin said on Thursday that discussions with China to end a months-long trade .....»»

Category: topSource: livetradingnewsMar 14th, 2019

U.S.-China trade talks progressing quickly: Trump, Mnuchin

U.S. President Donald Trump and Treasury Secretary Steven Mnuchin said on Thursday that discussions with China to end a months-long trade war are progressing quickly, though Trump said he could not say whether a final deal would be reached......»»

Category: topSource: reutersMar 14th, 2019

Starbucks Customers in China are Fighting Over This Limited-Edition Cat Cup

Starbucks customers in China got in physical fights over cups that looked like a cat paw. .....»»

Category: europeSource: fortuneMar 1st, 2019

U..S can quickly recover lost farm trade to China once deal clinched: Ag Secy

The United States will be able to quickly recover lost markets for U.S. farm products to China once Washington and Beijing clinch a trade deal, U.S. Agriculture Secretary Sonny Perdue said on Thursday......»»

Category: topSource: reutersFeb 21st, 2019

Starbucks launches all-day dining cafe in China

Starbucks Corp said on Friday it would launch a new all-day dining cafe in China which will serve a brunch menu and cocktails, as the world's largest coffee chain seeks to expand its retail offering in the increasingly competitive market......»»

Category: topSource: reutersFeb 14th, 2019

Starbucks Faces Yet Another Competitor In China: WeWork

Starbucks Corporation (NASDAQ: SBUX)'s aggressive Chinese expansion plans have been hit with some unexpected competition. read more.....»»

Category: blogSource: benzingaJan 30th, 2019

The Ratings Game: China, delivery challenges for Starbucks put long-term prospects in question despite solid quarter

Analysts question whether better-than-expected results for Starbucks can be maintained as it faces competition and other challenges......»»

Category: topSource: marketwatchJan 25th, 2019

Starbucks Is Basically a China Stock Now

As China goes, so goes Starbucks......»»

Category: topSource: moneycentralJan 25th, 2019