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Luckin raises fund for a second time within 6 months.
Two homegrown coffee startups are running as fast as they can in this expensive fight, grabbing as big a share of the pie as quickly as possible.
China’s coffee chain battle is heating up again.
Starbucks China’s archrival sets to offer healthy snacks too.
With sales dropping, the coffee chain giant might be facing a real threat from local startup Luckin Coffee.
They are executing fast and effectively. Make no mistake. This is a serious competitor playing to win.
China has great potential in the coffee market with currently, on average, each person drinking 4 cups of coffee annually.
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