How Chinese Luckin Is Taking On Starbucks In the U.S.
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How Chinese Luckin Is Taking On Starbucks In the U.S.
Luckin Coffee, the chain that quickly overtook Starbucks in China, has opened its first U.S. locations in New York City. While the company, founded in 2017, is expected to expand rapidly, it has already lived through a major fraud scandal and bankruptcy in its home market. So now the question is: can it pose a real risk to major domestic ...
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