On November 19, local time, in the presence of Mr. Geraldo Alckmin, Vice President of Brazil and also the Minister of ...

Luckin Coffee, China’s coffee chain, has reported impressive sales figures, outpacing its major competitor Starbucks (NASDAQ: ...

Luckin Coffee filed for bankruptcy protection in the U.S. in 2021, but it took just a few years to recover and even dethrone ...

In an unprecedented buying spree, Chinese coffee giant Luckin Coffee is committing to purchasing 240,000 tons of green coffee ...

Luckin Coffee has signed a Memorandum of Understanding (MoU) with Brazil to procure a total of 240,000 tons of coffee beans.

China’s Luckin Coffee Inc. agreed to buy an equivalent of 4 million bags of beans from the world’s top exporter Brazil ...

Luckin Coffee, one of China’s leading coffee chains, has signed a Memorandum of Understanding with the Brazilian Export and Investment Promotion Agency procure to a total of 240,000 tons of coffee ...

China’s Luckin Coffee has agreed to pay a $180 million penalty to settle accounting fraud charges, the Securities and Exchange Commission says. The SEC charged the company with defrauding ...

Starbucks reportedly is looking for a joint venture in China. Chinese rival Luckin Coffee has been trouncing Starbucks there.

Starbucks is considering selling a stake in its Chinese business to local investors as it faces declining sales due to ...

Starbucks reiterated on Thursday it is exploring strategic partnerships for its Chinese operations, after a media report ...

STARBUCKS is exploring options for its Chinese operations including the possibility of selling a stake in the business, ...