| Date | Title | Description |
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| Apr 1, 2026 | China’s coffee market splits in two as Luckin moves upmarket and Mixue digs deeper | China’s coffee market is heading into its fiercest showdown yet.
In March, Luckin Coffee’s controlling shareholder, Centurium Capital, and Nestle reached an agreement under which Centurium will acquire Blue Bottle Coffee’s global retail sto... |
| Mar 2, 2026 | Luckin Coffee’s strong Q4 growth offsets margin pressure | Luckin Coffee ended 2025 with another quarter of rapid revenue growth and continued store expansion. The December period also highlighted the tradeoff in its growth model. Delivery-led volume and rapid footprint expansion lifted sales, whil... |
| Feb 8, 2026 | China’s Luckin Coffee opens first high-end store as it takes on Starbucks | As Starbucks sells off most of its China business, local rival Luckin Coffee is expanding into higher-priced cold brews and other drinks.
Luckin is selling the drinks at its new Shenzhen flagship store, which officially opened Sunday.
Last ... |
| Nov 14, 2025 | Starbucks, Burger King Stake Sales Signal Deeper China Localization, Not Exit, Experts Say | (Yicai) Nov. 14 -- The plans of global chains such as Starbucks and Burger King to sell majority stakes of their China business reflect deeper localization efforts and increasingly fierce market competition -- not a withdrawal, according to... |
| Nov 4, 2025 | Starbucks to sell control of China business to Boyu Capital in US$4 billion deal | Starbucks said it would sell control of its operations in China to Boyu Capital in a deal that values the business at US$4 billion - one of the largest divestments of a China unit by a global consumer company in recent years.
The Seattle-ba... |
| Nov 4, 2025 | Starbucks to Sell Control of China Business to Boyu Capital for USD4 Billion | (Yicai) Nov. 4 -- Starbucks Coffee has agreed to sell a 60 percent stake in its China business to Boyu Capital, a leading Chinese private equity firm, for about USD4 billion.
The US coffee shop chain and Boyu will form a joint venture to ma... |
| Sep 17, 2025 | Mixue trims abroad, doubles down at home, and brews up Lucky Cup’s rise | Mixue Group has released its midyear results for 2025, reporting double-digit gains across key financial metrics. Revenue for the first half of the year rose 39.3% year-on-year (YoY) to RMB 14.87 billion (USD 2.1 billion), while net profit ... |
| Sep 17, 2025 | Brewing takeover: Four firms in final race to buy Starbucks China | The race to acquire a majority stake in Starbucks’ China business has narrowed to four finalists: Boyu Capital, Carlyle Group, EQT, and HongShan.
According to people familiar with the matter, the firms received confirmation letters from the... |
| Aug 28, 2025 | Luckin Coffee races into Starbucks’ home turf with app-based strategy | Just less than a month after Luckin Coffee opened its two outlets in Manhattan, several storefronts in the bustling office area of midtown and the financial district were quickly emblazoned with an electric blue deer and the words “opening ... |
| Jul 30, 2025 | Starbucks CEO details brand reset plan as turnaround efforts drive sales beat | Starbucks CEO details brand reset plan as turnaround efforts drive sales beat
By Savyata MishraJuly 29, 202511:07 PM UTCUpdated ago
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| Jul 29, 2025 | Xinhua Silk Road: Second "Taste of China" Global Specialty Green Coffee Bean Competition wraps up in Shanghai, revealing Chinese consumer preferences | BEIJING, July 29, 2025 /PRNewswire/ -- The second "Taste of China" Global Specialty Green Coffee Bean Competition concluded on Sunday in Shanghai, showcasing the taste preferences of Chinese coffee consumers to the global market.
... |
| Jun 18, 2025 | The Coffee Clash: Starbucks vs. Luckin in a Global Arena | The coffee wars are heating up. On one side, we have Starbucks, the iconic American brand that has become synonymous with coffee culture. On the other, Luckin Coffee, a Chinese upstart that’s shaking things up with a digital-first approach.... |
| Jun 14, 2025 | Starbucks and Luckin are vying to win the coffee wars. I tested both out | Mainstream coffee culture is converging globally, and Luckin Coffee is making it more digital, efficient — and gimmicky.
Few customers linger in Luckin, however. In Starbucks, though, patrons are on their laptops or deep in conversation.
Fr... |
| Jun 9, 2025 | China’s homegrown coffee giants are brewing up a U.S. expansion | Luckin Coffee is set to take its most significant international leap yet with plans to open a branch in lower Manhattan.
“New York is probably culturally the best testing ground for an international brand to expand into, especially a Chines... |
| Feb 12, 2025 | Ant International sets up in Riyadh, bringing Antom to Saudi businesses | Chinese fintech giant Ant International has officially opened its first Middle East office in Riyadh, marking a significant step in its global expansion. The move follows its certification from the Saudi Central Bank (SAMA), granting it app... |
| Nov 19, 2024 | Grocery giant Dingdong Maicai tests Saudi waters with tailored delivery model | Dingdong Maicai is venturing beyond China’s borders, and its first stop is Saudi Arabia, according to reports by Sina. The grocery delivery platform is said to have launched its overseas expansion with a model designed to cater to the Middl... |
| Nov 6, 2024 | With Luckin Coffee on the rise, Starbucks scales back discounts and returns to its roots | As October drew to a close, Starbucks released a preliminary snapshot of its recent earnings—a report marked by underperformance.
Several key metrics missed the mark: fourth-quarter net revenue was USD 9.1 billion, a 3% decline year-on-year... |
| Sep 27, 2024 | Starbucks steps into China’s milk tea game, but can it keep up? | Luckin Coffee’s plunge into milk tea has set off a wave, pushing Starbucks to jump in, too, as China’s beverage market keeps shifting.
Starbucks China has introduced its own tea series, offering creations like Longjing green grape Americano... |
| Aug 29, 2024 | Flash Coffee taps ex-Foodpanda CEO in turnaround bid | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Peter Cowan · 30 Aug 2024 · 5 min readFlash Coffee taps ex-Foodpanda CEO in turnaro... |
| Aug 20, 2024 | Luckin Coffee eyes Southeast Asian and American markets in upcoming expansion: report | Luckin Coffee is planning an expansion plan in the fourth quarter with eyes mainly on Southeast Asian and American markets, media outlet LatePost reported on Monday, more than a year after the Chinese coffee chain opened its first internati... |
| Jul 2, 2024 | Starbucks upgrades rewards program in China as competition brews fierce | Starbucks Rewards members in China are in for a treat, as the coffeehouse chain has unveiled major upgrades to its reward program in the country. This move is part of Starbucks’ efforts to attract more consumers amid fierce competition in C... |
| Jun 13, 2024 | Starbucks, Luckin Coffee struggle in China as upstart ignites price war | Downward pressure on prices is building in China’s coffeehouse market, where Cotti Coffee is selling most of its beverages for less than RMB 10 (USD 1.4) a cup and industry giant Luckin Coffee is hammering out a strategy to fight back.
“Get... |
| Mar 19, 2024 | Luckin Coffee trapped in RMB 9.9 dilemma amid Cotti Coffee’s resilience | Luckin Coffee may be the largest coffee chain in China, but even it cannot escape the pressures of keeping up with the “price war” in the domestic coffee market. In the fourth quarter of 2023, Luckin witnessed significant declines in sales ... |
| Jan 5, 2024 | The top 10 coffee trends that captivated China’s javaphiles in 2023 | The coffee market in China has experienced a meteoric rise in recent years, projected to reach a value of RMB 1 trillion (USD 140.4 billion) by 2025. Luckin Coffee, with a relentless expansion plan, aimed to surpass 15,000 stores by the end... |
| Nov 29, 2023 | Starbucks unfazed by Luckin Coffee amidst intense competition in China’s coffee market | The coffee market is escalating into a battleground.
Luckin Coffee, with a relentless expansion, is expected to surpass 15,000 stores by the end of this year. Cotti Coffee, a rising force, achieved over 6,000 stores within a year, and is ai... |
| Aug 23, 2023 | Cotti Coffee takes battle with Luckin Coffee overseas | China’s coffee war is extending beyond the country’s borders.
On August 15, Chinese branded coffee chain Cotti Coffee opened its first store in Kuningan City Mall in Jakarta, Indonesia, after opening its outlet in Seoul, South Korea one wee... |