We have a world-class team in China, and a strong brand,” the company said in a statement. “We see significant long-term ...

Pedestrians walk past a Luckin Coffee shop in Yantai, Shandong province. TANG KE/FOR CHINA DAILY Luckin Coffee, China's largest coffee brand by store number, is planning a massive expansion in the ...

U.S. coffee giant Starbucks (NASDAQ:SBUX) has dismissed rumors suggesting it is planning a full exit from its China ...

Chinese beverage chains are redefining coffee culture in the country — and now they’re trying to win over customers in the ...

On a rainy Tuesday afternoon, customers at a Starbucks outlet in Shanghai's Wujiaochang area were greeted with changes on the ...

Luckin Coffee Inc. (OTCMKTS: LKNCY) and Dutch Bros. Inc. (NYSE: BROS) held just 3.8% and 1.1%, respectively, of the coffee ...

Starbucks was once the undisputed king of coffee in China. Having opened its first branch in the country in 1999, the company used its first-mover advantage to build and dominate a thriving coffee ...

Starbucks China will reduce the prices of some of its iced drinks by an average of 5 yuan ($0.70) across the country, the ...

Starbucks is set to lower the prices of some of its iced drinks in China by an average of 5 yuan ($0.70), the company ...