In China, a New Coffee King Reigns
Business Wars Daily
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Fierce Competition in the Chinese Coffee Market
Exploring the intense competition between Luckin and Starbucks in China's booming coffee market, with Luckin surpassing Starbucks in sales through aggressive expansion and competitive pricing. The chapter delves into the evolving consumer preferences among the younger generation, economic influences, and the entry of new rivals like Cottie Coffee.
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