With a staggering 20,000 stores across the globe, Luckin Coffee, which hails from China, is looking to expand. The brand – ...

Luckin overtook Starbucks as China’s largest coffee chain by store count and revenue two years ago. The company is now challenging its US rival on home turf.

As Starbucks works through a global turnaround plan, its China operations once are now the focus of strategic reassessment.

Starbucks' global same-store sales fell 2%. Global traffic dropped 2%, while there was a 1% increase in the average ticket.

Starbucks' China business has attracted offers for a potential stake sale, valuing the coffee chain unit at up to $10 billion ...

Luckin overtook Starbucks as China’s largest coffee chain by both store count and revenue two years ago, capitalising on a slowing economy that pushed consumers towards lower-cost alternatives. It ...

Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a ...

Luckin Coffee, a Chinese company, has opened its first two stores in New York City in an attempt to challenge coffee giant ...

Starbucks (NASDAQ:SBUX) has reportedly shortlisted about a dozen parties, including private equity firms and technology ...

They include low double-digit percentage same-store sales growth at college locations, improved transaction trends in the US ...

Starbucks is looking for a local partner to help run its stores in China.CEO Brian Niccol said he believes there will be ...

But Starbucks' 17-year relationship with China hasn't been one long honeymoon. In 2013, state television attacked the company for charging more for drinks in China than it does in other countries.