Luckin Coffee recently opened its first two locations in New York City after overtaking Starbucks six years ago in China.

Chinese brands like Luckin Coffee, Pop Mart, and HEYTEA are expanding in the United States, despite the ongoing trade war.

The Seattle region was set to take advantage of Asia's rise. But political and other challenges complicate the calculus, Jon ...

The Washington, D.C.-headquartered council represents more than 270 American companies doing business in China including ...

China's largest coffee chain, Luckin Coffee, opened its first two stores in the United States on Monday, marking its entry into the competitive American coffee market.

Starbucks (SBUX) is said to have introduced free “study rooms” at select locations in China, marking its latest effort to ...

Starbucks' China business has been valued at $10 billion. Experts explain why that valuation may be a bit stretched for Starbucks China.

U.S. cafe chain Starbucks said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was, without disclosing where it ...

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 ...

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 Corp. on Monday announced price cuts for a slew of its tea-based beverages at its stores across China, as the American coffee chain takes a more aggressive approach to revive sales at ...

Starbucks's market share in China has declined from 34% in 2019 to 14% in 2024, according to data from Euromonitor International, a market research provider.