Tag: Starbucks
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Beyond the Price War: Luckin Coffee’s Strategic Shift and China’s Coffee Market Revolution
Explore Luckin Coffee’s journey from price wars to profitability and global aspirations. This article delves into Luckin’s successful business strategies, supply chain innovations, and brand evolution, revealing how they are revolutionizing China’s coffee market and setting new benchmarks for consumer brands.
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Will Starbucks China Adapt or Sell?
“third place” pioneer to market challenger, Starbucks China is at a crossroads. Analyzing the potential sale rumors, competitive landscape, and what it means for the future of coffee in China.
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Milk tea has really stopped the growth of China’s coffee market
The prediction that China will have a huge coffee market in the future is wrong. This affects not only Luckin Coffe, but also Starbucks and COSTA. As a matter of fact, Chinese people don’t like coffee so much, and they won’t in the future.
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McDonald’s and Starbucks in Shenzhen began to charge for disposable tableware, causing controversy
Disposable tableware at McDonald’s and Starbucks in Shenzhen is no longer freely provided to consumers, and consumers will have to pay an extra 0.5 yuan (about $7.5 cents) if they need, according to Red Star News. The reporter interviewed McDonald’s branch in Nanshan Book City in Shenzhen by phone, and the clerk said they had…