Luckin just opened its first stores in New York, showing off its mobile app and low prices—areas where Starbucks has ...

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

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

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

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

Despite Starbucks’ ambitious goal of establishing 9,000 stores in China by 2025, the region has seen a decline in revenue from $3.7 billion in 2021 to $3 billion in 2024.

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 operated 7,594 stores in China, according to its 2024 annual filing. In its most recent quarterly results, sales in China, its second-largest region, were flat compared to a year ago ...

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 ...

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% ...

Starbucks Corp. (NASDAQ:SBUX) will reportedly cut prices on select iced beverages in China by an average of 5 yuan (approximately 70 cents), the company announced on Monday. The move comes amid ...