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Luckin Coffee’s margins shrink amid expansion to outplay Starbucks

Luckin Coffee’s rapid expansion has positioned it as a dominant force in China’s coffee market, but at the cost of strained profit margins.

4 mins read
  • The Chinese e-commerce company surpassed market expectations with strong growth after a year of intense price competition.

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    JD.com surges amid year of low prices, signaling major recovery

    6 mins read

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