Coffee

Luckin Coffee Turns Up Heat on Starbucks With Major Food Supply Deal

Luckin Coffee Turns Up Heat on Starbucks With Major Food Supply Deal

Chinese unicorn roaster Luckin Coffee has upped the ante in its rivalry with Starbucks after signing a deal with three…

Aug 1, 2018
Liu Jing & Tang Shihua
Starbucks Logs First China Profit Drop in Nine Years, Is Said to Strike Alibaba Deal

Starbucks Logs First China Profit Drop in Nine Years, Is Said to Strike Alibaba Deal

Starbucks has just posted its first profit margin decline in China in nine years despite steady and substantial revenue…

Aug 1, 2018
Xu Wei
Six-Month-Old Chinese Coffee Unicorn Guns For Starbucks

Six-Month-Old Chinese Coffee Unicorn Guns For Starbucks

A coffee chain startup that didn’t exist until the start of this year has just become China's latest unicorn after…

Jun 14, 2018
Liao Shumin
Luckin Coffee Plans to Sue Starbucks for China Monopoly

Luckin Coffee Plans to Sue Starbucks for China Monopoly

Luckin Coffee Co. is preparing to file an antitrust suit against Starbucks Corp. in which it accuses the latter of…

Jun 5, 2018
Emmi Laine
China Is Moving Into Upstream of Global Value Chains, WIPO Says

China Is Moving Into Upstream of Global Value Chains, WIPO Says

China’s high-tech and coffee producers are now better positioned in global standings and have better value chains, according to a report from the World Intellectual Property Organization (WIPO).

Dec 8, 2017
Xu Wei