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LUCKIN COFFEE COMPETITION
Puma to metals, China snapping up overseas assets againIn January alone, the volume of outbound mergers and acquisitions from Greater China approached $12 billion, the most for the first month o...- Despite tariffs, China consumer giants push into the US as domestic market stallsChinese consumer brands are expanding into the U.S. market, seeking higher profit margins to offset slowing domestic spending. Companies li...
- Starbucks sells 60% stake in China business in $4 billion deal with BoyuStarbucks is partnering with Chinese firm Boyu Capital to expand its presence in China. Boyu Capital will acquire a majority stake in Starb...
- In China, global companies struggle as home-grown brands steal thunderGlobal giants are grappling with the complexities of the Chinese market. Economic downturns and tepid consumer spending are compelling bran...
- Starbucks lowers prices in China as rivals brew up discount warStarbucks China is set to reduce prices on select iced beverages by an average of 5 yuan, approximately $0.70, amidst escalating competitio...
- Which Chinese company is set to give Starbucks a run for its money as it plans to enter the U.S. with multiple outlets?Luckin Coffee, a rapidly expanding Chinese coffee chain that has surpassed Starbucks in China, is poised to enter the U.S. market, starting...
- Make room Starbucks, McDonald's. China's Mixue, other brands win fans in Southeast AsiaThe Chinese beverage giant Mixue Group has become the world's largest F and B chain by number of outlets, overtaking Starbucks and McDonald...
- In deflation-hit China, one store holds flash sales four times a dayChina's consumer price index dropped by 0.7% in February, highlighting deflation worries. Discount stores like Beijing's Wankelai employ fl...
- KKR, Fountainvest and PAG among those eyeing Starbucks China stake, sources sayKKR & Co, Fountainvest Partners, and PAG are among those interested in acquiring a stake in Starbucks' China business, as the U.S. coffee c...
- Starbucks weighs strategic partnerships for China operationsStarbucks is looking for ways to improve its business in China. The company is considering selling a part of its Chinese business to a loca...
- Starbucks brews up cheaper India drinks as domestic rivals expandAlthough Starbucks still dominates in India, rivalry is fizzing in the capital, New Delhi, and the technology hub of Bengaluru, where many ...
- Short selling tests China's zeal for market reformShort sellers sell borrowed shares in the hope of buying them back when prices fall and pocketing the difference.
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