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 ...

STORY: Starbucks has denied reports that it plans a full sale of its operations in China.Local financial magazine Caixin had made the claim, without saying where it got the information.It said Monday ...

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

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

Starbucks is exploring options for its China business, engaging with potential buyers to assess interest in either a ...

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 is set to lower the prices of some of its iced drinks in China by an average of 5 yuan ($0.70), the company announced on Monday. The US coffee chain said in a post on its Weixin social media ...