Chloe Chan rode her scooter a couple blocks up from the home she was catsitting at in Manhattan to pick up her first iced ...

A Luckin Coffee location China. Monday marks the first day it's expanding to the US. - CFOTO/Future Publishing/Getty Images Luckin Coffee, the fast-growing chain that beat Starbucks at its own ...

By 2019, the brand had overtaken Starbucks as the largest coffee chain in China. It currently operates 22,000 stores in the country, triple the size of the Seattle-based brewer's Chinese locations.

Yes, uh Starbucks needs to focus on China, even though it's not a huge portion of the business, it's has the potential to grow quickly, has the potential to be a long-term uh growth engine.

Starbucks is not the only Western brand betting on cheaper deals to lure Chinese consumers. Pizza Hut saw great success with its $7 pizza offering in China last year, with its sales increasing 50% ...

Now, in a rare move, the US coffee giant – which has long defended its premium positioning in China – has cut prices for its tea-based beverages this summer. About a dozen of Starbucks’ non ...

Starbucks China will lower the prices of some of its iced drinks by an average of 5 yuan ($0.70) across the country, the company announced on Monday, as competition intensifies and consumers ...

Starbucks denies considering a full sale of its China operations, despite reports of preliminary talks with potential buyers. The company, advised by Goldman Sachs, is exploring options, including ...

Starbucks declined to comment further on the details of the sale process. Goldman Sachs did not immediately respond to a Reuters request for comment. Starbucks opened its 1.5 billion yuan ($209 ...

Starbucks opened its 1.5 billion yuan ($209 million) Coffee Innovation Park in the city of Kunshan, neighbouring Shanghai, in 2023. The 80,000-square-metre roasting plant has the capacity to supply ...

Starbucks China to cut prices across its non-coffee beverage line up from tomorrow. [Photo provided to chinadaily.com.cn] Starbucks China has announced a price reduction across its non-coffee ...